My Observation If you look at the pattern for Internet IPO,s this is what happens
IPO shoots up then pulls back as IPO people take profits( i.e big accounts)especially in the interNUTS, then we have the queit period where not much happens i.e. TMCS right now, Once queit period is over low and behold the underwriter puts a buy recommendation on the stock( like Hello! surprise, surprise!!) and the stocks jumps bigtime.
Any thoughts about this pattern as we are in queit period right now , is TMCS going to follow the pattern. My gut feeling is yes as long as this interNUT market holds up especially when you look at pieces of crap like TGLO and EWBX which had this pattern lately.