good read:

http://www.fool.com/investing/high-growth/2011/05/20/heres-why-linkedin-will-never-see-120-again.aspx

5/20/2011 2:43:36 PM

Kainen...you bag holding?

5/20/2011 5:41:17 PM

no, i just think a lot more of the fundamentals of the compnay than clearly you guys do. let the short term craziness on the street do what it will, when the dust settles and scarcity goes down - i think linkedin has huge growth potential with great revenue streams.

5/20/2011 7:29:34 PM

I read somewhere today (cant remember where so not sure how valid it was) that if LinkedIn grew their profits 100% every year for the next 8 years and then stopped growing it would trade at a PE of 8 at its current price haha.



[Edited on May 20, 2011 at 10:08 PM. Reason : a]

5/20/2011 10:07:44 PM

Quote :

"i just think a lot more of the fundamentals of the compnay than clearly you guys do."

Seriously, you realize that they have a P/E > 600, right?

Or do you not understand what fundamentals mean?

5/22/2011 11:39:32 AM

the short term demand of the marketplace has jack to do with the fundamentals of the company. all of the speculation and hype around what their stock is doing right now shouldn't be used as a bludgeon against the company's potential

5/22/2011 4:53:56 PM

The company doesn't have the potential to maintain a 600 P/E. Period.

5/22/2011 7:43:35 PM

^^

no one is saying the company will fail. This thread is about stocks. We are saying that buying this stock is a terrible idea because the price has already exceeded the amount of growth the company could actually have.


Kind of like when Cisco had a market cap of $500b or Yahoo was valued at $130b back in 2000. Both companies are still doing fine, but are much more realistically valued at $90b and $20b respectively.

Similarly, 10 years from now LinkedIn will have a market cap less than what it is today. Even if you were to assume it will maintain that valuation, then your 10 year investment has made you no money. This is just simple math. Being part of that industry has no relevance except to cloud your judgement.

Also,

Quote :

"The company doesn't have the potential to maintain a 600 P/E. Period."

[Edited on May 22, 2011 at 9:27 PM. Reason : .]

5/22/2011 9:25:37 PM

Shit, even if the market cap increases, the yardstick is the S&P 500, so it would have to increase faster than that.

No fuckin' way. Any upside at all is limited and tenuous (more like far-fetched, really), but there are 1000 ways to lose your shirt with it. I can't imagine why in the hell anyone would buy it right now.

Quote :

"How long did you all wait to start investing after getting out of school? How much $ did you start out with?""

Started maxing ($5k/year) my Roth IRA immediately and have never missed a beat (I opened it while I was in college, but didn't put significant money into it until i graduated). I probably let at least a year go by before I started investing in stocks (taxable account)...I put about another $6500/year into that.

The military doesn't have a 401k program. There is the federal Thrift Savings Plan, but there is no match in DoD. Over the last few years, I've spent enough time in combat zones that my taxable income isn't very much, so there's little to gain by investing in the TSP. I probably won't be deploying anymore, so I might start doing TSP to lessen my tax burden.

5/22/2011 10:47:22 PM

Glad I picked up some more SOLR today @ 12.00, didnt get the low, but this is at least a $16.00 stock. While a lot of the solar industry is lagging, they are growing like gangbusters. Earnings forecast for next year is 1.55-1.85.

5/23/2011 5:11:23 PM

when is SLV going back up

5/23/2011 8:19:45 PM

At a P/E of 1037, when when when can I short linked in at reasonable borrowing costs I doubt I could beat the investment banks to any puts someone would be dumb enough to sell

5/24/2011 6:11:13 AM

in violent agreement that linkedin is overpriced.

you can certainly trade it, but that article is right, you can't invest in it.

5/24/2011 11:12:29 AM

SLV is on its way back up now. my trailing stops got me out at 5% after the most recent top. same for AGQ.

5/24/2011 11:18:03 AM

I have a question for anyone who may know the answer. I would like to execute the following all on one trade and am not sure how.

Sell $1000 worth of ETF X if it hits $ Y.YY and then use that money to buy $1000 of stock Z.

I'm working at night so I'll be asleep all day. Is there a way to set this up to automatically execute? For reference I use Tradeking.

[Edited on May 24, 2011 at 8:36 PM. Reason : df]

5/24/2011 8:35:36 PM

Damn, Mark Haines from CNBC died.

5/25/2011 1:05:17 PM

^^you'd just want to use margin to buy one, and then cover the margin when the other is sold. But for a $1000, just sell the thing, you'll probably lose more money on commission using a limit order rather than just the cheap market order.

5/25/2011 2:52:28 PM

SOLR is going to 25, get on while you can

5/31/2011 10:12:23 PM

^ what makes you say that?

6/1/2011 9:59:19 AM

They have no debt. Their forward P/E IS ~7. That is insane for a company growing as fast as they are. They are diversifying into the Sapphire business. They have over 1 billion dollars worth of backorders and growing. Many analyst think theyre a definite buyout target. They pulled back some today after a runup yesterday, might be the time to pull the trigger on some more.

6/1/2011 10:17:33 AM

Thinking of picking up some NVDA, it got upgraded yesterday.

6/1/2011 11:24:21 AM

I'm cashing out. Congress is going to crash the economy if they keep dicking around with debt ceiling.

6/1/2011 11:33:24 AM

Don't worry, buddy. Operation "extend and pretend" is in full effect. The debt ceiling will be raised, even if it's in the 11th hour.

[Edited on June 1, 2011 at 1:23 PM. Reason : Any LinkedIn longs here? LOL!]

6/1/2011 12:57:30 PM

Ouch.

6/1/2011 4:17:38 PM

Sell in May and stay away they say.

Hey, why don't I just go eat some hay, make things out of clay, lay by the bay? I just may! What'd ya say?

[Edited on June 1, 2011 at 4:23 PM. Reason : ]

6/1/2011 4:22:07 PM

Buddy who is an advisor thinks OREX is gonna take off. Horribly unprofitable

6/1/2011 4:48:09 PM

Quote :

"Sell in May and stay away they say. Hey, why don't I just go eat some hay, make things out of clay, lay by the bay? I just may! What'd ya say?"

gay

6/1/2011 5:54:50 PM

If you liked that steaming pile of crap LinkedIn at $120 you gotta love it at $75!

its hilarious to see how fast groupon and pandora are rushing to market because they know their companies will never be worth more than they were last week. Sell, sell, sell!

6/3/2011 12:58:34 AM

SOLR received a .5 billion dollar order in their Sapphire division. Great to see them diversifying. Up 10% in premarket

6/3/2011 8:31:34 AM

^^ groupon's best play was to have sold to google for 6billion when it was on the table.

6/3/2011 8:55:22 AM

Glad I didnt get OREX, the FDA shot their drug down and tanked pre-market

6/3/2011 9:30:36 AM

Nice call on SOLR, I grabbed some yesterday

6/3/2011 11:04:14 AM

^nice, don't be afraid to take profits. As I said, I think it's going to 25 but there will be up's and downs.

6/3/2011 12:09:45 PM

this SOLR looks like an intriguing trade..

also, AGQ trailing stops hit again; position acquired last week is all sold.

[Edited on June 3, 2011 at 12:12 PM. Reason : ]

6/3/2011 12:11:19 PM

I think there with some anti trust concerns with the Groupon/Google deal. That said I'd be more interested in Groupon than I was in Linkedin.

6/3/2011 12:11:59 PM

Groupon is going public bc it can't afford all its losses anymore. That company is doomed in my opinion.

6/3/2011 2:58:54 PM

^Has anyone noticed the deals on Groupon used to be really good? Nice restaurants, stuff people actually wanted? Now its just obscure shit. I think vendors have realized they actually lose money offering the coupon and most people who buy it are one time consumers.

6/3/2011 3:04:06 PM

pretty blah day overall

6/4/2011 4:48:35 AM

Bump.

I'm interested in learning about trading options. Anyone have any books that they might recommend for a beginner? How did all of you learn, if not from a book? I'm an investor and I read alot about the market...just never learned anything about options, really. I know the basic premise of what an option is, but I'd need to know strategies and 'how to' stuff. Any suggestions for noob books/instruction?



[Edited on June 7, 2011 at 10:00 PM. Reason : ]

6/7/2011 9:58:49 PM

6/10/2011 12:29 pm. I'll say it. Aapl is a GREAT short at $327.41

6/10/2011 12:30:20 PM

I just capitulated. Sold everything but my gold and gold miners. If I'm right they'll go down too, but its too dangerous not to own gold in case they start the devaluation sooner than I anticipate

6/10/2011 2:23:05 PM

whats the action

6/13/2011 10:53:27 AM

lots of talk about a Facebook IPO in Q1 of 2012 today.

6/13/2011 2:26:14 PM

SOLR down 2.38% at the moment

6/13/2011 2:43:36 PM

^UP 8% after hours on revised q1 guidance. Big announcement about Sapphire business coming tomorrow morning. I'm guessing they will expand production lines, their massive backlog is just getting bigger which is good, but at this point they might be in danger of losing future orders as they are fully booked for 2012.

6/13/2011 8:42:17 PM

i'm willing to wait it out, i bought 100 shares at $12.60, waiting to at least get to $14 before I sell

worst case I sell at $12 or so and lose $60 dollar bucks

also planning on buying some WENdy's stock tomorrow morning...they sold a good chunk of their Arby's share this afternoon and I'm hoping for a slight bump

[Edited on June 13, 2011 at 9:56 PM. Reason : .]

6/13/2011 9:55:36 PM

REITs, precious metals and mining, and energy have been killing in my portfolios

6/13/2011 11:51:01 PM

SOLR up about 6% and WEN up about 5+%

shouldve bought some HTCH

6/14/2011 1:06:55 PM

I'll bet anyone who bought BBY on the dip last week is pretty happy now.

I picked it up at 28.71 on 6/7 and immediately sold July 28 calls at 1.78. This drops my cash in pocket down to $1.06, but if it isn't called away I'll collect the 0.15 dividend in July and end up netting 1.21 in 5 weeks, which is near 5%, without increasing my exposure too much.

Of course, if I hadn't sold calls I'd be much happier right now.

6/14/2011 1:11:20 PM

shoulda bought some Avis (CAR)

i always get the news a few hours late

6/14/2011 2:26:58 PM