Facebook IPO fiasco a cynic’s fantasy

[cbdo2007]

4. The bad part is, people expect their IPO stocks to go up 10% in one day.....

it used to be that you were lucky if an IPO you bought into went up 10% the first year.

I love investing in the stock market and am a big stock market supporter here, but people have unreasonable expectations these days of what stocks can do for them and what the point of the stock market is.

Now we have millions of people with buyers remorse because the stock didn't shoot up 50% the first day so they could flip it like Groupon and Pandora and these other overhyped companies, and it puts a cloud on the stock market, from a sale that actually went very well and capitalism was shown to work perfectly. Basically the stock wasn't worth as much as the company thought so it dropped. It will probably still go up over time to at least $50 or so, so what are these people going to say then???