Flutterby™! :

The stupid, it burns: SFGate: James Temple: Facebook IPO underscores shutting out the masses.

First off, calling if a "Facebook flop" is stupid. The IPO was priced appropriately, Facebook pretty much nailed the amount of capital they could raise. If the bozo sheep went and bought at that price and were shocked that it didn't double immediately, then, well, maybe that's a lesson in economics.

In fact, it's even a lesson in what is supposed to be, not just what is: IPOs are a way to raise capital for future expansion. They're not there to cash out or make quick bucks. They happen to also do that, but that's not what they're there for. And if you're complaining because other people as dumb as yourself won't pay more... well...