LinkedIn: Overvalued But Not A Short
by ONeil Trader
Linkedin Corporation (LNKD) has been one of the top performers this year with a 46% gain year to date. It also performed very well last year, nearly doubling from $63 to $123. Since its IPO it has been marked as clearly overvalued, but that did not stop it from putting in stellar share price performance. It also shows the dangers of short selling a stock just because it is overvalued. What is the reason behind LinkedIn's great stock performance? read more »
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