russell napier

The LinkedIn IPO Terrified Me

May 19, 2011

It was truly a spectacle to watch the LinkedIn (LNKD) IPO where shares were priced at $45 and traded as high as $122. The stock closed at $94.25 up 122% on opening day.. Today was most certainly reminiscent of the rocket IPO’s in 1999. Given that animal spirits are running wild in the market, the […]

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