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Archive of entries posted on 20th May 2011

Tomorow is the end of the world. Sell everything, including LinkedIn. Better, buy what everyone else is selling — but not LinkedIn..

A hedge fund put in for 100,000 shares of LinkedIn. He got 100. A bigger hedge fund put in for 500,000 but got 5,000 because his prime broker was the lead underwriter. He sold at $85. I got nothing because I’m nobody’s important client. By the end of the day I was looking to short […]