The biggest hype of 2011 ... Linkedin

LNKD reports today.  Has a PE ratio of around 325!!!  Where this company goes is anybodyz guess.  I pulled the trigger and took a small position couple days ago.  Playing Russian roulette is usually not my style but I just couldn't resist.  I hope the stock market gods forgive me for this impulse buy.  May Christmas come in November!!!

nice $2 gain

There's a ton of high fliers right now ... many companies reporting great earnings and revising their guidance upwards. 

Down over $8 after hours tonight. 

secondary offering today ... $100 mil worth they said in a press release ... i dunno what to think.

wow it rallyed back alittle after this $9 drop ill be watching this one

Bigbill, keep an eye on CDNS, ULTI, SIMO too ... these could be really big winners.  You take care of that thing with NoWorries yet?  I love that thread bro. 

im working on making some money im thinking up a new design for my t shirts so i can start making money and pay him

A PE of that magnitude would be a huge signal to me to not buy. That's one fucking expensive stock. I hate to be the pessimist but the second offering could just be another way for the original buyers to cash out. 

Scary thing is Linkedin looks viable next to Groupon and Zynga.