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That's the main reason I didn't short it - so many people seemed so invested in the IPO being a success, that I thought it would turn into a self-fulfilling prophecy. I'm surprised it fell so far and so fast; I think the trading glitch on NASDAQ took the bubbles out of the champagne for so many people that fiscal reality set in a lot earlier than it would have otherwise. Of course, going on the market at $38 didn't help, but their pricing strategy was sort of constrained by activity on Second Market.



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