iBankCoin

UPDATE: LinkedIn Does “the $100 Roll”

Valuations mean nothing when it comes to the science of “the $100 roll.” For those of you who do not know, this is in reference to the infallible art of buying a stock after it breaks the $100 plane for quick, cold, hard cash.

As you know, LNKD hit $120 within minutes of breaking $100.

Frothy.

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15 comments

  1. scott

    Here a stat for you. 79.9% of stocks that close above 93 make it to 100…

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  2. riggedgame

    If you pigeons had an order in to buy LNKD on the IPO and actually GOT SOME,
    let us know. Ha ha ha ha ha!

    PS: If you get your order filled on any IPO you don’t want it. Only INSIDERS get
    the IPO’s that go up anything significant.

    PS No 2: They are setting you up for a TOO-HIGH PRICE on Facebook if and when it IPO’s.

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  3. J

    “PS No 2: They are setting you up for a TOO-HIGH PRICE on Facebook if and when it IPO’s”

    Always. always, set it low and watch it go. That’s the motto in IPOs.

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  4. A Monkey with a Fucking Dartboard
    A Monkey with a Fucking Dartboard

    First! When is WNR going to 20?

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  5. drummerboy

    another yoku

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  6. Wilco

    New company name?….Westernrefining.com….Cha-ching!!

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  7. Caruthers

    Can we just back off for a minute and think about what a piece of shit Linked In is?

    Step one: steal underpants
    Step two: ???
    Step three: profit.

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  8. spy007

    I for one cant see linkedin worth fuck all. The only real value would be if they got bought out by google or facecrap.

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  9. Diamond Dave

    That puts a premium valuation on OPEN…just scooped some of the June 97.5 calls…game on

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  10. Bob the Builder
    Bob the Builder

    If I saw that someone who managed my money was buying LinkedIn — with the exception of flipping $45 shares — He would be subject to a towel party a la “Full Metal Jacket.” Who the fuck is buying this turd at these prices?

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