Nice $235,000 Profit from Link IPO

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • lemart5
    SBR MVP
    • 01-12-11
    • 2818

    #1
    Nice $235,000 Profit from Link IPO
    Hope you guys knew a few people who were underwriters .Very nice way to start the day.
  • VegasInsider
    SBR Posting Legend
    • 12-12-10
    • 14593

    #2
    Same boat as you, just not nearly as big of a profit. Couldn't have come at a better time, either.
    Comment
    • boondoggle
      SBR MVP
      • 09-29-10
      • 3014

      #3
      linkedln is super duper overvalued...glad you made coin because it is not worth 2.5 or 8.5 billion..lol.
      Comment
      • lemart5
        SBR MVP
        • 01-12-11
        • 2818

        #4
        Originally posted by boondoggle
        linkedln is super duper overvalued...glad you made coin because it is not worth 2.5 or 8.5 billion..lol.
        Waiting for the Facebook IPO.I think they are overvalued as well I don't see how they will gain share with Goole looming over them.
        Comment
        • ngates815
          SBR Posting Legend
          • 12-01-09
          • 13845

          #5
          Yea I made 100K on it. Paid off my house and bought a new dildo for my asshole.

          Then I woke up.
          Comment
          • VegasInsider
            SBR Posting Legend
            • 12-12-10
            • 14593

            #6
            Originally posted by lemart5
            Waiting for the Facebook IPO.I think they are overvalued as well I don't see how they will gain share with Goole looming over them.
            Facebook will be extremely overvalued at the IPO but there will be people that jump on it for two reasons:

            1) It's Facebook
            2) Success of the LNKD IPO

            Horrible investing strategy, but if the IPO price is right...who knows.

            LNKD up another 5 points thru midday trading today.
            Comment
            • RubberKettle
              SBR Hall of Famer
              • 12-28-09
              • 6421

              #7
              There are 60+ more companies waiting to go public. Gonna be a long year and a burst is coming.
              Comment
              • VegasInsider
                SBR Posting Legend
                • 12-12-10
                • 14593

                #8
                Originally posted by RubberKettle
                There are 60+ more companies waiting to go public. Gonna be a long year and a burst is coming.
                The sad thing about this is only about 25% of these companies wanting to go public can sustain in this market. Most of these companies don't stand a chance against direct and indirect competition.
                Comment
                • FreeFall
                  SBR MVP
                  • 02-20-08
                  • 3365

                  #9
                  Originally posted by lemart5

                  Waiting for the Facebook IPO.I think they are overvalued as well I don't see how they will gain share with Goole looming over them.
                  I have a friend who strictly went to work for Facebook for the hopes of them ipoing in 2015, but I don't think it'll be worth it. I guess time will tell.
                  Comment
                  • tony_come
                    SBR Posting Legend
                    • 03-31-10
                    • 21695

                    #10
                    what was the price you brought it at?
                    Comment
                    • Grits n' Gravy
                      Restricted User
                      • 06-10-10
                      • 13024

                      #11
                      Originally posted by lemart5
                      Hope you guys knew a few people who were underwriters .Very nice way to start the day.
                      does it ever end?
                      Comment
                      • VegasInsider
                        SBR Posting Legend
                        • 12-12-10
                        • 14593

                        #12
                        I'd be interested to hear what price he got it at as well. I work in the industry and I'd be shocked if it was below a certain number.
                        Comment
                        • Extra Innings
                          SBR Posting Legend
                          • 02-26-10
                          • 15058

                          #13
                          Comment
                          • lemart5
                            SBR MVP
                            • 01-12-11
                            • 2818

                            #14
                            Originally posted by VegasInsider
                            I'd be interested to hear what price he got it at as well. I work in the industry and I'd be shocked if it was below a certain number.
                            Got some Class A shares @53.25 per share.
                            Comment
                            • VegasInsider
                              SBR Posting Legend
                              • 12-12-10
                              • 14593

                              #15
                              At a buying price at 53.25 and a profit of $235,000, that's some serious money you were moving around.

                              Class A shares, fuk that voting power! Let Hoffman control everything.
                              Comment
                              • Nookx
                                SBR Sharp
                                • 12-17-07
                                • 486

                                #16
                                Originally posted by RubberKettle
                                There are 60+ more companies waiting to go public. Gonna be a long year and a burst is coming.
                                Then everyone will think there professional traders and that they got it figured out. Then their gonna lose and blame the economy and the stock market instead of taking personal responsibility. Classic.
                                Comment
                                • VegasInsider
                                  SBR Posting Legend
                                  • 12-12-10
                                  • 14593

                                  #17
                                  Originally posted by Nookx
                                  The everyone will think there professional traders and that they got it figured out. Then their gonna lose and blame the economy and the stock market instead of taking personal responsibility. Classic.
                                  Bingo. In the above post, I said that people would make a purchasing decision on Facebook based on what happened the past two days with LinkedIn. Just horrible personal finance and just another reason to hire an advisor (like me!)
                                  Comment
                                  • ryanspeer2001
                                    SBR MVP
                                    • 03-30-08
                                    • 3149

                                    #18
                                    The facebook IPO is a disaster waiting to happen for traders at all levels. The LNKD IPO while overvalued(IMO) was a great buy due to the instant inflation. Sell it off soon boys.
                                    Comment
                                    SBR Contests
                                    Collapse
                                    Top-Rated US Sportsbooks
                                    Collapse
                                    Working...