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Ask HN: Would you buy LinkedIn shares?
With the upcoming IPO of LinkedIn today, would you be buying some LNKD stock or not? Any experts here?
What about Groupon/Facebook/Insert other hot startup?
- nmaio 15y agoFirst off, I know absolutely nothing about the stock market. Actually, if it was possible - I know less than nothing about the stock market. Anyway, I wouldn't pay over $45 a share if I wanted to buy. Why? 'Cause that's what you could have gotten it for at its best value. You can't possibly buy right now. Why? 'Cause it was at $45 a share! You missed your opportunity. You can't possibly settle for $65 a share when it was $45 a share just a few hours ago. YOU CAN'T. But now, if it dips below $45, then I'd say it's time to start pondering buying. (the above is based on sports betting and I believe the same principles hold true)
- actionbrandon 15y agoI read that cramer said that linkedin was very overvalued. With that in mind, I would probably buy the shares.