Well I'm going to just sit on what I have. Buy in more at lower price if I see positive news in the future. I like the company so I'm looking forward to owning more. On a side note: I never invest all at once. I do incremental investing for cases just like this. Brokers also like it because they get fat pockets but it pays off in the end, in my past experience. I'm new to investing so don't take my word for it.
Me and my colleague put in some money in this IPO for a quick flip. But today he said, this might as well touch $12 before it at least starts stabilizing. He said the offer is not as good as it looked at first. I'm holding on for a short bounce today to get rid of mine and then may be get in at 11.50 or so.