Clearly you are short (or contemplating a short position), and I respect that... except for the fact that you don't admit it. This is a SPECULATIVE stock, that institutions are buying and following -- 3 buy ratings since feb 25th. The company has a number of patents for pain medication that is -- according to studies to date -- highly effective and has less addictive and has fewer side effects than opiates. The company has a small market cap and room to grow significantly, or the possibility of being bought up by a larger pharmaceutical or biotech.
People don't generally hang around and post about stocks that they have no interest in. Given that you feel this co. is undercapitalized, and greatly overvalued, I conclude that you hold or are considering some sort of contrary position. On another post, I see you calling for this stock to drop under 15. From what I see, this company should have enough cash to operate at least 9 mos to a year before going forward with a secondary.
Still, I guess you are having a good day. Hope it makes up for the last few bad ones.
It appears this stock has not had a down day since going public over 2 weeks ago. Since feb 25, there have been 3 buy recommendations. Yes, this is a speculative stock, but rarely does one have the opportunity to get in at the beginning of something. I wouldn't bet the farm... but a small investment could prove very rewarding. I bought.
Needham Initiated Buy
Stifel Initiated Buy
Canaccord Genuity Initiated Buy
LNKD has 277 million users and a mkt cap of 25B = $90/user
FB has 1.25B users and a market cap around 182B + $144/user
LNKD has 3 revenue streams - recruiting/talent solutions, premium accounts, and advertising
Facebook has only advertising
LNKD going into China could add 50% to user base. Also LNKD is adding content to their site.
Don't know how this will play out, but lots of bashers throwing out bogus #s. Pretty easy to do the math for yourself.
First of all, this isn't a "game." But a lot of people do try to "game" the system. I acknowledged that short selling was part of investing for a lot of people, and I respect that. What I don't respect is people deliberately spreading misinformation and trying to manipulate the system. Obviously, in a long short scenario, there are winners and losers on every trade, but the baiting and gloating and name-calling just takes a lot of joy and civility out of life. And when I say they are predictable, that means the way they talk on the message boards is predictable... it doesn't mean they drive the direction of the stock with their talk. The direction of trading does that.
Best of luck in your investing.
Why is it that all the short-selling fear-mongers who frequent this board all disappeared after LNKD rallied from 185 to 215, but the minute there is a bad day, they are out in force, like the scavengers they are, trying to amp up fear. First off, none of you are investors, you are traders, so you you have little concept of creating long term value. Me, I never go short... lots of stocks will go down, but timing ups and downs is difficult and you pay a premium to be on the down side. I also don't like the karma associated with making money off of another's misfortune. However, lots of shorts are legitimate... just not the kind who spew mindless drivel in an effort to stir up fear. None of you makes any case for your positions, you simply impune LNKD, and attempt to sow the seeds of doubt. LNKD is a pricey stock, but growing very fast, and putting their operating profits back into the business. Making inroads into China is smart. Expanding content is smart. Having multiple revenue streams is smart. And LNKD executives diversifying their personal holdings is also smart. I don't have a large % of my wealth concentrated in LNKD; and I am sure that even after selling shares, they still hold large positions. If they didn't sell some after the run up, I would question their judgment. Just as I question the judgment and ethics of the vultures who pick away at this board.
But I guess you are still trying to recover from the 30 point run-up. Meanwhile, I haven't lost any money, and I am in for the long haul.
Take a rest.... we get it... you're short MYL. Is it due for a small pullback... absolutely. But look at the long term tape. This stock has been performing for years, and nothing has changed. You'd be beter off shorting NFLX or TSLA, because those are volaile stocks that have had huge run-ups and trade at astronomical P/Es. MYL is trading at 15x next years earnings. So yes this will pull back a few bucks, but the long term trend is up.
Oh yes, and right after I bought it, and analyst raised the price target to $97, and I knew we were really in trouble then.
But for fair disclosure purposes, got to tell you I bought in last week at 63. I don't usually go for momentum stocks, but finally pulled the trigger. And I am usually the kiss of death on these (i'm the sign that the top is in... which is why I usually don't buy them). Still, I really was intrigued... great chart... can I really kill it? So far, my curse holds. Luck to all.
I am cautiously optimistic. I am a long term shareholder and this stock was in the 20s just a few years back. They have been implementing cost controls for the past year and seem to be making progress, and have restored profitability. If they continue to eliminate low margin product lines and pick up share in their higher margin product, profits will continue to grow. MDCI trades at just a little more than .25x sales (point-two-five). That is incredibly cheap. I'm surprised they haven't been taken out by a company that is able to monetize their assets and market share better. I have a good holding, but am considering adding to my position especially as it is down after blow-out earnings (beat estimates by 12 cents, I believe). They are speculative but have good potential upside.
Why are you posting the same drivel over and over. You sound like someone who is panicking. Did you go short last friday? Took a massive hit today? Stop whining and shouting. This stock will do what it is going to do in spite of this board. If you have information... even making a case that this stock will go down, that's okay. But please stop with the name calling and fear-mongering. It does not work and you are embarrassing yourself. I know a few folks who shorted this stock in the 240s and 250s. They are out now, and some of us are going long. I was never short, not my style. But this stock will run on you, and as a short, time is never on your side, and your losses are unlimited.
This stock wanted to rally all day, and almost made it back to green at the end, until somebody pushed it back down. Seems like a bit of manipulation at work.
How is selling a put a hedge. You would have bought a put. Selling a put means you end up with more shares of LinkedIn.
This is a silly comment. First off, their forward P/E is 78. Second, many young, rapidly growing companies don't even have P/Es because they are losing money. When they first become profitable, the P/E is often very high and comes down over time. This company is fast growing and trades at a lower multiple to sales than FB. They also have a more diverse revenue stream than any other SM company. Don't know if they are going up or down from here, but a low P/E doesn't guarantee anything. Some cyclicals that are going down have very low P/Es, and that is a signal things are getting worse. CAT, Deere, and other industrials had terrible years in 2013 with "good" P/Es. A lot of gold miners had low P/Es last year and performed much worse than LinkedIn. This co. is looking at 30-50% annual growth for several years. The P/E will come.
A tad light on revenue... and weaker first quarter outlook than analysts expected... but they did blow earnings away. I wonder if traders want to take this market down again, because this was a very strong quarter by NTAP