$LNKD - LinkedIn About To Get Its Spine Shattered By The Bears

LinkedIn Corp (LNKD) is about to get its spine shattered by the Bears, and exposed for the farce that it really is. If there’s one social-media company that is really Fundamentally weak, it would be LNKD. Originally a social network for Professionals, LNKD has turned into a spamming/trolling Job Site, where unemployed people meet more unemployed people to discuss their unemployment status. I give LNKD 3 more years, before it gets punk’d by Wall Street.

LNKD has been consistently making Lower-Highs, which indicates that the Bullish momentum on LNKD is fading and the Bears are coming out of the hiding to unleash their fury.

Here is a Daily chart of LNKD:

LNKD - Daily Chart

Recommendation: SELL

Price Target: $200

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