[tibbon]

If he admits that it never had a shot, why did he invest in the first place?

Additionally, would we be feeling bad for Facebook if they had underpriced the IPO and the trader had made 25% profit on day one (and Facebook lost out on a potential 25% of fundraising)?

[helmut_hed]

I'm glad to hear someone say this. Facebook the company did amazingly well on this transaction. A stock that pops is one that has left money on the table. FB did the opposite...