LinkedIn IPO - I PO'd I didn't buy.



yeah its like going back in time to the 90's internet bubble. This company in no way warrants such huge stock price swings. I would expect it out of a company like glencore (http://biz.yahoo.com/ic/101/101467.html) which listed the day before and unlike L.I has huge profits and long term strategy that cant be copied by everyone. I for one welcome the bubble again cause i am going to profit more than the 90's.
 
I am just sitting back lol'ing here. LinkedIN public... classic.

Also, Goldman Sachs sold it's shares at $45. Food for thought.
 
Can someone explain the process of actually buying into an IPO at its initial release? How can a joe-smoe do that? Or is it even possible?
 
Can someone explain the process of actually buying into an IPO at its initial release? How can a joe-smoe do that? Or is it even possible?

I have wondered the same thing before, but I don't think it is possible unless you have loads of money to invest and good connections or something.

If it is pre-ipo, then you have to do a deal with the company since it is still private or buy shares on someplace like SecondMarket. I have no clue how it works if you want to buy just before it goes public though.
 
The price its at now gives them a 9 billion dollhair value, a little much dont you think?
 
I have wondered the same thing before, but I don't think it is possible unless you have loads of money to invest and good connections or something.

If it is pre-ipo, then you have to do a deal with the company since it is still private or buy shares on someplace like SecondMarket. I have no clue how it works if you want to buy just before it goes public though.

I've purchased a few ipo's in my time. You have to purchase them from the underwriter. Generally have an active portfolio with them(unless its not a very popular ipo). Most good ipo's will be pre-sold out.
 
Can someone explain the process of actually buying into an IPO at its initial release? How can a joe-smoe do that? Or is it even possible?

Yes. It's possible to get in. But you're not the target market for the IPO. The institutional investors are the target.

When small investors get in, they do so at sucker prices. If they cash in down the road, it's usually due to luck based on the issue's momentum, not because they got in at a reasonable price.
 
Pre-IPO can be had if you've got connections. With LinkedIn they only gave it to "their best customers" -But that essentially meant their Angel investors.

With Google it was quite different. Morgan Stanley FAs & Deutche Bank Reps could sell pre-IPO stock in blocks of $10,000. (Cheap for this kind of thing. It debuted at $100 a share.) No one thought it could take off like it did after the bubble... Oh what I'd give for one of those...
 
How does a company that barely earned $15 million last year get valued at $8.5 billion?

IMO it would be a good stock to short right now.