This is awesome. The way a typical IPO goes is asshole ibankers underprice the ipo then hand out blocks of shares to their preferred clients who pocket the pop

This is awesome. The way a typical IPO goes is asshole ibankers underprice the ipo then hand out blocks of shares to their preferred clients who pocket the pop. Every bit of price increase is money that should have gone into the pockets of the company and their investors. If you think this is an accident -- that they somehow make over and over again -- you're a sucker. Forgive me if I ignore a bunch of thieves whining about losing their free millions they feel entitled to. See eg Peter Thiel [1]. [1] http://www.businessinsider.com/peter-thiel-wall-street-screwed-linkedin-mispriced-ipo-2011-5 http://www.businessinsider.com/peter-thiel-wall-street-screw...