LOL, GS is going to offer you a job-IPO expert officer. You can't just develop a formula & conclude a number as IPO fair value. There are much more variables to generate an IPO value. The reason that GAME tanks was due to the poor momentum in the hedge funds, they felt there are more money can be made in other sectors. For now, we need GS or other underwriters to initiate covering, hopefully an initial of "BUY" or "Overweight" will do.
Please do not mislead retail investors to satisfy your shorty greedy mind.