As Investors Await Facebook IPO, Social-Networking Companies Look to Cash In With Blockbuster IPOs

As Investors Await Facebook IPO, Social-Networking Companies Look to Cash In With Blockbuster IPOs
by
Colin J Lokey
With Facebook's IPO still at least 9 months away, investors recently satisfied their craving for stock in social-networking companies by gorging themselves on inflated shares of the professional networking site LinkedIn. The company's shares more than doubled on the first day of trading despite analysts' warnings that the shares were grossly overpriced. Some commentators have voiced similar concerns regarding the shares of Groupon and Zynga, whose highly anticipated IPO's are just around the corner. This article provides insight into LinkedIn, Groupon, and other social-netoworking companies and suggests several ways traders might profit from the companies' initial public offerings.
http://ezinearticles.com/?As-Investors-Await-Facebook-IPO,-Social-Networking-Companies-Look-to-Cash-In-With-Blockbuster-IPOs
id=6428211 - Jul 15, 2011