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The underwriter of the hot offering, which was for 724 Solutions, is on trial.
Now that investors have little appetite for new stocks, people with connections to the next hot offering may be left wondering: With friends and family like these, who needs enemies?
The tiny float also encourages a torrid reception for Palm shares, although analysts said this was always likely to be a hot offering because of the strong brand name and the popularity of the company's Palm organizers.
A hot offering at the Sundance and South by Southwest festivals, the film, the debut feature of the director Zal Batmanglij, presents two journalists going undercover to investigate a mysterious order whose priestess, Maggie, claims to be from the future and requires blood transfusions from her disciples.
On that first day, Credit Suisse First Boston as lead underwriter had both large sell and buy orders of Mp3.com to execute, as some investors tried to get in on the hot offering and others tried to take their profits and run.
For Anker, it's a chance to hop on a trend while it's still hot, offering customers the promise of slightly cheaper hardware.
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(In the last four years, Pure's hot offerings have increased by 50 percent to meet demand, according to company figures).
Other hot offerings from the menu included tender smoky calamari and charbroiled shrimp, but the last were tough.
Investigations began, and there was revulsion at the way the guaranteed profits of buying hot offerings were split up.
My favorites among the buffet's hot offerings were the barbecued ribs and a tilapia stew flavored with coconut milk.
The government was looking into whether Credit Suisse charged some clients higher commissions in exchange for letting them in on shares of hot offerings of dot-com stocks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com