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
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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