Tag Archives: LinkedIn

LinkedIn “Meets” Earnings Expectations…Much Joy in Socialville

Full disclosure: I have a modest short position in LNKD. LinkedIn (LNKD) announced that they met Thomson Reuters analysts’ expectations for earnings at $0.16 per share this quarter. In addition, second quarter revenue at $228.2 million, beat analysts’ expectations of $215.7 … Continue reading

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LinkedOut–Securities Borrowing and the Inability to Correct Bad Prices

Securities borrowing costs can be a problem when trying to short clearly overvalued businesses (from a Dow Jones NewsPlus story today): The average wholesale rate to borrow LinkedIn was 86% on Tuesday, Astec’s data show. This means that hedge funds seeking … Continue reading

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