What are you talking about? The higher they go the farther they fall. Crap is still just that no matter how you package it. You're simply advertising the fact you're a chump. This IPO was underwritten with short-term bond notes.
Of course the underwriters are going to sell it off near term. The notes are due. What's laughable is they're the same ones who gave ebay a $100 target price and "buy, strong buy" recommendations last week and got suckers like you to buy this load of crap.