Irrational Exuberance part 3, already….

Published 19 May, 2011, 03:54, CEST+1 | By the trader

LinkedIn just sniffed 120 Usd. Deja Vu grande style. Welcome to the real bonanza, where we price stock at + 1000 P/E, but who cares about those old fashion P/E ratios, now it is all about social networking. Zynga next? Below, link so you can follow some intraday action if you don’t have your own Reuters terminal.