All the technical analysts are sceptical and shaking their heads at the recent increase in price and over-allotment option. They still don't deny it will probably trade higher the first few days anyway. When they compare it to Microsoft's IPO and it's 1300% appreciation, they place the valuation in the trillions. lol
IMO, it's really a poor comparison to Ortsbo because it's not really a new company at all. They have done other private financings and Facebook is possibly over-valued already. Linkdin's performance is what I hope Ortsbo to duplicate after their IPO. Zinga has done fairly well since it's IPO, as well. Ortsbo should be good for the 50% appreciation to it's warrant price of $10.50, IMO.