With LinkedIn.com now over $120 a share …
With LinkedIn.com now over $120 a share (it was priced at $45 last night and opened at $80 today!), I just checked to see if I could locate a borrow on some shares to see about shorting some for a short-term trade. Alas, I can’t get my hands on enough of this brand new issue and there are no options on a new name like this so early, so…nada. But if you can get your hands on some as a short above $120, I’d hit it! No triggers pulled for me yet today– just sharing with you guys what’s going on in my trader’s hat’s head.
