Institutions are currently ~80% holder of LNKD. They cannot sell without collapsing the stock, it would be like cutting the branch on which they sit. So the strategy is to convince dummy retail investors of incredible potential of LNKD so that they can take over the bag.
This cunning and elaborate scheme needs time to work, if it can work at all. The period of keeping the stock at inflated prices is called a 'fishing period' and can last extended period of time (e.g. 1+ years). The intent is to create impression of the stock stability. During this period retail investors are barraged with stock upgrades, analyst calls, positive articles, praises for the company, etc. - a well orchestrated Goebbels-style campaign.
The problem however is that the insiders do not cooperate as they are dumping at unprecedented rate which is casting a dark picture over their company state of affairs. This will at some point trigger a panic mode and the scam company is ultimately going to collapse. Difficult to say when though....
Insiders are dumping as fast as they can. When someone makes buy recommendation for LNKD at these inflated levels, and insiders are doing completely opposite on a massive scale ($0.8bil dumped in the last year), it is clear what is going on. This is SCAM machine.
When the institutions start pulling the plug, it will trigger the avalanche effect.... This is one of the first, early calls, more to come....
Also expect a number of upgrades (fake calls and reports) as big boys start unloading the junk....
Make sure you don't fall for it... lol
Insiders continue to dump the stock at unprecedented rate, including the founder and the CEO.
LNKD is one of the top companies by the number of insider sale transactions, as well as total $ amount of the insider sales.
There are no insider purchases of the LNKD stock over the last year:
$0 insider purchases
$800mil insider sales
The insider dumping notably accelerated over the last 3 months relative to the last year.
Last month: $80mil
Last 2 months: $160mil
Last 3 months: $240mill
If people who founded and run the company value cash more than than the stock at this time, why would anyone else try to be smarter. What else does one need to know about this scam machine?
Don't get swayed by great words, fake reports about a miracle company that stores your resume and contact.
Within 1-2 years, we should see LNKD below $100 again....
The company lost money in the same quarter.
LNKD valuation remains unjustifiably high and arguments for it are slowly dissappearing. Trend of slowing revenues per user is going to continue in light of this social media bubble that will eventually burst.
The stock is going below $200 and then brace for the worst... Even at $100 LNKD looks expensive.
Time will tell....
We will always learn with delay what some folks already may know. There is inertia in the system, the time response is finite, but the sentiment of the insiders selling at such a heavy relentless pace doesn't need any interpretation. It is clear what those people think - and that is, it is a good time to cash out after amazing 100%+ appreciation in the stock price over the last year or more.
If one looks further into this, once can notice that majority of the transactions and half of the total amount (200mil+) was sold over the last 3 months. The selling clearly accelerated over the last three months. Moreover, the founder and the chair sold all of his position. The company itself took advantage of the high stock price by selling additional $1.2bil through secondary offering.
As a long investor, not a gambler, how do you justify going against these? I would have hard time making a reasonable case but things have been irrational before and certainly will be in the future so no surprises here.... just an observation.
buys: $0 (not a single purchase)
number of transaction: 131
Put this $420mil in perspective of their Q2 quarterly earlings of $3.7mil.
This is very heavy dumping, unsustainable..... How could anyone know business better than the top insiders who actually run the company....
LNKD beyond any doubt.
TSLA has a powerful tangible product, and a chance to emerge as a leader in a auto market segment that is only going to grow over the next decade.
LNKD is an inherent scam/spam machine, intended to be so. 10% useful product, 90% garbage. I expect in their earnings announcemnt we will hear lots of comments about huge number of clicks, unique clicks, etc....
Perheps TSLA can do the same and report a number of glances towards their car, as well as repeted glances...
Not a single stock purchase in a list of hundreds over the last year or so.
More than $500 millions has been cashed out by insiders. Company itself dumped $1.2 bil through the secondary offering. And now put these amounts in perspective of their income of 3.5mil/quarter. Incredible!
If insiders are dumping at such a unprecendent rate, if the founder and the chair got rid of all his holdings, what is rationale for anyone to invest here? Who on earth would buy shares in such a company?
In a not so distant future, the pump and dump LNKD machine will run out of its fuel, and the stock will descend into a very very deep dive to reality.... The story of a glorious company that holds your resume/contacts and intends to change the world will come to an abrupt end.....lol
Those who systematically pumped the stock over the last year seem to be looking for quick exit now.
This resume/contacts-holder 'miracle' company of 30bil market value and earnings of only $3.7mil last quarter has risen to it highs at a remarkable rate. The fall may be even faster as we have witnessed in the past with similar stocks.
Insiders continue to dump the stock (%70 in the last 6 months), the founder got rid of all his holdings few weeks ago, and the institutions are now reducing their positions (10% over the last 3 months).
The share price of $120 is quite realistic within the next 2-3 earnings reports.
The LNKD founder and the chair has sold all his shares on Sept 16, 2013. Insiders sold more than 70% over the last 6 months. Institutions reduced 10% their holding over the last quarter. The company dumped $1.2b in secondary offering... Difficult to justify investment in LNKD when dumping on such a scale takes place by people who are most closely involved in running the business.
How long can this bubble last? My best guess is the implosion will take place within 1.5-2 years with the stock price below $80 again. Over the next 3-4 earnings report, the saturation will become evident and the story of the incredible growth company that stores your resumes/contacts and intends to change the world will come to an abrupt end.
Good luck and enjoy!
When junk starts to take over, even the good part is not good any more.
It is like a cancer.
The chairman and the founder sold all his position in LNKD on Sept 16, 2013. Quite telling!
well engineered, yet surprising that the top management would engage in such elaborate scheme
One can only wonder how much Youssef got for this service to his friends. The Mafia works together and he seems to be one of their small dogs, let wait to hear others as well....