LinkedIn (LNKD)

When I was a kid, my grandmother always told me don't talk to strangers. Fast forward 20 years, and I still hear her voice as I read countless opinions on LinkedIn (LNKD) and why it will go down from here.  Not that I will ever talk to some of those people, and I am sure as heck not going to listen to them. The bearish sentiment by the retail investor gives more credence to my argument that LinkedIn (LNKD) will see $150+ by the end of the summer.

It's only when a growth stock is in the midst of an epic run, that the retail trader starts getting on the bandwagon. And of course they are the ones holding the bag on the way down. It's how this market works, and  will never change. Just like the economy, the rich get richer and the poor get poorer.

LinkedIn(LNKD) is currently trading at 101.43 up 3.38% on light volume. Expect the knife to come out on the BEARS, as they are put back into their cave until the fall.

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

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