Is it really that surprising?  IPO is based on what the real value should be... is it surprising that they settle in close to that value?  For companies that are barely, if as all breaking even, who are planning on investing any intake into additional marketing rather than shoring up their platform and staffing costs better.<p>It doesn&#x27;t surprise me in the least... It does surprise me that seasoned investors wouldn&#x27;t understand this better.  But that&#x27;s the stock market.