Why??
Probably because everyone wants to own social media stock and there are few publicly available alternatives.
^ More likely is M - S pushing the stock up for Mark 2 Mkt since they have HUUUUUGE exposure and their share price is alread in the gutter. Equity trading hasn’t done will this year for big banks and they’re probably trying to stop the bleeding…
LNKD > G+ > FB
Seems to me like in the end there will only be two at most. One that is businesslike and one that is for your personal life. One thing I don’t understand is why facebook doesn’t do this. In any case, we’re bound for a correction sooner or later and I’ll bet you can get this stock at a lower price then.
I think Google + will be a threat to LinkedIn as well since you can very easily strip out business vs. social contacts
Sell some call spreads