Wall Street is a "FOOLS Paradise"

S

SouthAmerica

May 20, 2011

SouthAmerica: That shows that Wall Street is a FOOLS paradise, and that we still have a lot of suckers out there.

LinkedIn goes public:

The stock, issued at $45, went as high as $122.70 just before noon and closed at $94.25 on a trading volume of 30 million shares. All this for a company that skeptics say amounts to an online Rolodex, a place on the Internet for professionals to post resumes and connect with one another and potential employers.

I would not be surprised to find out that "Goldman Sachs the Pillage People" made a lot of money on this latest mirage.

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Quote from SouthAmerica:
----Wall Street....
----FOOLS paradise....
----suckers....
----LinkedIn goes public....
----$45--$122--$94.25....
----30 million shares.
----Goldman Sachs....
More...
1) Your broker couldn't get you any shares? :(
2) What time is it?

a) Howdy Doody Time
b) Hammer Time
c) Miller Time
d) 1:13am CST
e) Time to short-sell EWZ

The correct answer is (e). :D :eek: :p
 
May 20, 2011

SouthAmerica: Reply to nazzdack

Let's check the price per share of this stock in 6 months and one year.

Then we find out who was right!!!!!

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Quote from SouthAmerica:

All this for a company that skeptics say amounts to an online Rolodex, a place on the Internet for professionals to post resumes and connect with one another and potential employers.
More...

The thing about this Rolodex is that it's the biggest business Rolodex in the world.

I've gone long starting at $95. In a year I expect +20%
 
May 20, 2011

SouthAmerica: Reply to Elon

you said: “I've gone long starting at $95. In a year I expect +20%”

All I can do is wish you good luck, and that you make some money on your risky investment.

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May 24, 2011

SouthAmerica: Here is what I have been posting on “Facebook” in response to a question of one of the members of Facebook regarding the IPO of LinkedIn:

May 20, 2011

Ricardo C. Amaral Ed, sorry but I was busy when you contacted me via chat.

Here is the answer to your question regarding “LinkedIn”, by coincidence I had just posted some info about that on the Elite Trader Wall Street Forum:

Wall Street is a "FOOLS Paradise"
http://www.elitetrader.com/vb/showthread.php?s&threadid=220921

May 20 at 2:10am · Like

***

Ed Drossman I don't see a difference between linkedIn now and Google when it ran up to over 100 after its IPO.
May 20 at 2:14pm · Like

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Ricardo C. Amaral The difference is that linkedIn is no Google.

Let the initial IPO fever pass then the price of linkedIn will go down to possible even lower than the original offering price of $ 45 per share.
May 20 at 6:37pm · Like

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Ed Drossman And I remember when Yahoo.com went public and it went all the way up to like $450 before it sank. I remember when yahoo.com went public and everyone was like this is the second and coming.
May 20 at 8:24pm · Unlike · 1 person

***

Ed Drossman And I still don't know why google is that much better then yahoo
Saturday at 11:28pm · Like

***

Ricardo C. Amaral These articles give you an idea why Google is doing so well:

The Secret To Google's Success – March 6, 2006
http://www.businessweek.com/magazine/content/06_10/b3974071.htm

Server Technology is the Key to Google's Success - October 27th, 2010
http://www.maitolovo.com/new-technology/server-technology-is-the-key-to-googles-success.html

Sunday at 6:38am · Like


*****


May 23, 2011

Ricardo C. Amaral Ed, as I mentioned to you it is just a matter o time for the price of LinkedIn stock to decline and probably going below its IPO price.

Please watch this video - And after watching this video you will understand why Google is a unique company.

In a Nutshell: LinkedIn it doesn't belong in the same league as Google.

Don Tapscott on the theory of Wikinomics – November 16, 2010
http://www.youtube.com/watch?v=GjGLsp9a6bg&feature=related

22 hours ago · Like
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May 24, 2011

SouthAmerica: Now that the gamblers of Wall Street run-up the LinkedIn IPO from the $ 45 original price to $ 123 per share – the Fools from Wall Street think that the coming “Facebook” IPO can give a market cap for that company in the range of $ 90 to $ 100 billion US dollars.

Regarding the coming “Facebook” IPO – you can read my opinion about it here:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=195957&perpage=6&pagenumber=25

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another one.. check out PANDORA.. P

will never really make money... subscription.. my A#$@#$

as long as its free. we will hog it..

then soon we will have ZYNGA TWITTER...
GROUPON.. and the mother of all FB...
1990s.. re visited... !!!... when with the equivalnet of mar 2000 occur..?
 
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