Miss LNKD's $223 Secondary But Think It's A Buy At $165?

Looking back to 2 days ago, LinkedIn Corp (NYSE: LNKD) priced a 5,381,166 share secondary stock offering at $223.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 10.2% above the offering price.