Thread: Linkedin IPO
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Old 05-19-2011, 10:25 AM   #5
04titan
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Join Date: Dec 2003
Location: FL
Posts: 52
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but it'll slide down by the end of the day, right??

Huge spike this morning, slid and now it's working it's way back up. Nice gains for anyone who shorts it. A lot of naysayers against the stock say it's a bubble if they ever saw one.

While reading up on LNKD, I found this in an article of IPO's being released this week.

Advanced BioHealing, Inc. (ABHB), which manufactures and sells a skin substitute for the treatment for diabetic foot ulcers, plans to raise $200 million by offering 13.5 million shares at a price range of $14 to $16. At the mid-point of the proposed range, Advanced BioHealing, Inc. will command a market value of $730 million. Advanced BioHealing, Inc., which was founded in 2004, booked $161 million in sales over the last 12 months. The Westport, CT-based company plans to list on the NASDAQ under the symbol ABHB. BofA Merrill Lynch (BAC) and J.P. Morgan (JPM) are the lead underwriters on the deal.

I have some money to move around. Better than it sitting in my 1.0% ING account.
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Last edited by 04titan; 05-19-2011 at 10:27 AM.
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