Facebook priced at $38 and opened (late) at $42.05. That represents a 10.5% pop, which is well below the average first day pop for tech IPOs of 32%. We are fading fast, with the last trade just above $41. My expectation is for the stock to trade below the offering price of $38 today, and possibly close down below $38 for the day. Stocks overall, which were up earlier, and now down across the board.