LinkedIn Corp. (NYSE:LNKD)

CAPS Rating: 1 out of 5

Recs

1
Player Avatar jed71 (29.90) Submitted: 5/22/2012 12:01:36 PM : Underperform Start Price: $104.64 LNKD Score: +5.86

Based on fundamentals, business should be trading at closer to $45 per share, a more than 50% haircut from current levels. And I think a $45 price would still be pricing in large revenue / earnings growth over the next 10 plus years. All it's going to take is one quarterly miss, and shareholders will be down greater than 20% in a single day.

And maybe I am missing something, but I don't see much of a moat built around this business. They are basically a knock-off of facebook for professionals. The only time I ever see friends using this site is when they are looking for employment....

Ripe for a large correction!

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