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by truthout
5495 days ago
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This is ridiculous. LinkedIn had benefited from computer algorithmic trading that jacked it's price to extraordinarily urealistic price to earnings ratios. p/e is a metric in which stocks are valued. How much the company is worth divided by the yearly earnings. To say LinkedIn got screwed is to say the dot coms got screwed in 2000. Guess what? The only people that got screwed were the share holders. LinkedIn should be jumping for joy that their peice of shit company is worth anywhere near 8 billion dollars. I just feel bad for the stupid shareholders when their shares become worthless. |
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