> But a loss for the investors that bought the stock on the open market. It's a loss for speculators who gambled that it would go up. I'm lacking sympathy for

> But a loss for the investors that bought the stock on the open market. It's a loss for speculators who gambled that it would go up. I'm lacking sympathy for people who snap up stock at IPO and assume it can't possibly drop. > A 'drag down' is never a good thing for a stock. It's a great thing for anyone who wants to buy at the lower price.