You gotta love overhyped IPOs. It's like we're back in the good old dot com days when Qualcomm went from like $30 to $500 in less than a year, and the "experts" predicted it would hit $1000.
Professionals (in my humble opinion) would rather have steady solid gains, and thus avoid IPO's. Gamblers go for the quick buck and the big thrill, and thus jump in like gangbusters.
I'm staying out, though my lack of faith in humanity says it'll probably double or triple its original IPO price before it crashes into the ground a short while from now.
Reality kicks in after a while, but not before the masses have gambled their kid's college fund away.
p.s. Sorry for the pompous bitterness, I'm quitting coffee again.