LNKD- Linked In

[macroman]

what is your take on twitter float ?

if lnkd collapses, twitter float will be jeopardised. I think they may just buy it themselves as that float is many times larger, i understand. Spend 1B supporting stock so that they can float twitter for 50B instead of 30B.

Adds up ?

 

[macroman]

Quote from macroman:

what is your take on twitter float ?

if lnkd collapses, twitter float will be jeopardised. I think they may just buy it themselves as that float is many times larger, i understand. Spend 1B supporting stock so that they can float twitter for 50B instead of 30B.

Adds up ?

oops, i meant facebook.

shows, i am not really user of these things.

 

[m22au]

Quote from macroman:

what is your take on twitter float ?

if lnkd collapses, twitter float will be jeopardised. I think they may just buy it themselves as that float is many times larger, i understand. Spend 1B supporting stock so that they can float twitter for 50B instead of 30B.

Adds up ?

I'm not sure about the Twitter float. I mainly pay attention to these companies (LNKD, GRPN, Zynga) after they have gone public.

Am I correct in assuming that you're an Aussie, given the use of "float" instead of "IPO" ?

 

[m22au]

LNKD lockup expiry was discussed in this article on 1 November:

http://seekingalpha.com/article/303...-attractive-value-proposition-for-advertisers

Then the same author did a follow-up article on 7 November:

http://seekingalpha.com/article/305741-why-it-s-best-to-play-linkedin-s-volatility

The author makes a valid point that the S-1 for the follow-on seems to delay the lockup expiry. Specifically:

"The problem is that 61 million LinkedIn shares will no longer be eligible for sale until 90 days after November 20. I believe that the company’s shares will inevitably fall and that this lockup extension is just putting off the day of reckoning."

S-1 filing can be found here:

http://www.sec.gov/Archives/edgar/data/1271024/000119312511295272/d250692ds1.htm

The 61 million shares are discussed on page 130.