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

[Insomniac]

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.

Public companies are about growth, not profit. They don't work with the same common sense that private companies do.

 

[JakeStratham]

At CLKeenan:

LinkedIn's IPO: Why You Weren't Invited - TheStreet

It's a bird's-eye view of the small investor's chances of getting into hot IPOs.

 

[buckeyefan]

The big hedge funds got the majority of the allocation - they only floated like 7.8 MM shares - i know alot of smaller funds in the XXX MM that got left out and they sure do more biz than Joe Blow or Jane Doe

 

[kingdexer]

no chance average joes gets in on ipo, just dont work that way.

 

[adamx12m]

7.84 million shares issued and the trading volume was over 29 million.. Institutions and daytraders had a nice profit today.

 

[papajohn56]

It's not worth $25.

 

[webetricky]

At CLKeenan:

LinkedIn's IPO: Why You Weren't Invited - TheStreet

It's a bird's-eye view of the small investor's chances of getting into hot IPOs.

Thanks dude, +rep.

 

[jenzkc]

lmao... yea i'm pissed too i didn't buy it. i should load up tomorrow before i'm priced out...

 

[papajohn56]

LinkedIn Now Valued at 521 Times Profits - Deal Journal - WSJ

IPO bubble. Calling it now.

 

[ShalaMedia]

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...

https://www.secondmarket.com/ - Some big boys lining up for the ipo bubble (zynga / facebook gonna be huge)