LinkedIn IPO'ed today at $45. The stock was traded over $120 today, valuing the company at over $8B. Madness.
Total madness.
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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
1 comment:
Is it about valuing Facebook and other social media internet companies?
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