Should it be worth this much

[sam22]

What're your thoughts?

Should a company that makes $5 million of net profit from $188.5 million of revenue in Q1 have a market cap (i.e. valuation) of $12 billion?

P.S. This company is LinkedIn. Source

 

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[Kak]

Market cap seems just a bit inflated LMAO... I am going to blame this on newb trading speculators that dont know what a market cap is and trade with a finger in the wind. Wow they need to do something about those expenses those margins suck for such a unique social network. Nothing really competes in the same aspects as linkedin.

You would expect crap margins like that in an oversaturated industry.

I bet advertising over there is like a new frontier with some cheap clicks. Note to self...

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