Shanda Game ( GAME) ($4.23) is up 8.7% since June 6 and has been upgraded to buy from hold. The company offers a portfolio of Internet games including role-playing offerings. Shanda is considered a failed IPO with a monthly value level at $4.10 and a monthly risky level at $5.03. Renren ( RENN) ($4.00) is up 26.2% since June 6 and maintains a hold rating. The company operates a social networking Internet platform in China concentrating on content sharing, music, games and shopping. Renren is considered a failed IPO with a monthly value level at $2.85 and a weekly pivot at $3.15. LinkedIn ( LNKD) ($233.64) is up 43.8% since June 6 and maintains a hold rating. The company provides an online network for professionals to share knowledge and potential business opportunities. LinkedIn reported second-quarter results on Aug. 1 and beat EPS estimates by three cents a share, earning 7 cents. The stock gapped from $213.00 at the close on Aug. 1 to an all-time high of $237.96 on Aug. 2. This is a sign of a bubble inflating with the stock sporting a 12-month trailing price-to-earnings ratio of 547.6. My weekly value level is $228.80 with a monthly pivot at $231.49. Pandora Media ( P) ($19.44) is up 35.1% since June 6 and was upgraded to buy from hold after the stock held the June value level at $13.98 on June 7. The company provides customized Internet radio services. Pandora is considered a failed IPO, but now is a momentum play. My monthly pivot is $20.86 with a weekly risky level at $21.03. The IPO for Bankrate ( RATE) ($17.98) is up 30.3% since June 6. The company is a provider of online information on almost all kinds of interest rates including mortgages. Bankrate reported a second-quarter EPS miss by earning 8 cents a share on July 29. Positive comments had the stock gap higher from $15.78 on July 29 to $19.75 on July 30, giving the stock bubble characteristics, and ValuEngine downgraded the stock to hold from buy on this price action. My quarterly value level is $16.43 with a weekly pivot at $17.33.