well re-read the post you just quoted me on, I said "I would start shorting LNKD around $100" so when LNKD was in the 80's I was NOT suggesting buy puts then..and I put my money where my mouth was and bought a $90 NOV LNKD PUT on Monday when LNKD was at $98...so what's your point?
Can LNKD go higher? Of course, but bubbles like these are a great way to make money and I feel there's more downside risk with LNKD so I didn't want to take the chance of it popping sooner than everyone thinks, you have to realize that the average retail investor is a lot more informed than they were 10-15 years ago and many believe that LNKD and other internet stocks will rise a lot higher leading up to the FB IPO, but the market often does the opposite of what the "heard mentality" thinks, and because so many feel LNKD will see $120+, there's a good chance it won't
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