Yes - don't you know how these things work? Retail gets fucked. The investment banks purchased large blocks for $26, and then dumped them on retail for $45-$48. The large banks with deep pockets for full analysis think the shares are worth $26 - over the next while, you can bet the shares will head there and touch that PPS at some point. In the short-term, tough call - lots of hype, lots of traders flipping like mad. Too unpredictable for me.