Of the shares sold in the offering, the company sold 3, 846, 800 shares and selling stockholders 1, 923, 200 shares.

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In these contracts, selling stockholders, such as Stevenson, get cash upfront but retain some exposure in a stock.

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In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to 1, 171, 875 additional shares of common stock.

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These are the guys who, in this case, get 1.1% of the deal to make sure that all the stock gets sold, checks cashed and that the money reaches the company and the selling stockholders.

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Brain imaging studies show that investors as a whole get more and more used to big returns, and thus take bigger and bigger risks in a bull market--and then the bubble pops and stockholders start selling like mad.

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