I am guilty of being an IPO'er.  Every last "drop" of it is still sat in my wallet and won't be going anywhere for the time being.

I'm not quite sure how you can say IPO'ers "got them cheap", we got exactly what we paid for.  The value of the IPO coins was determined by what was paid for them, which mirrors the principal of "something is worth what somebody else will pay for it", far better than an arbitrary value being assigned.  IPO coins were then distributed from the pot of IPO coins in direct proportion to the percentage of IPO paid.

It was a fair distribution and IPO'ers take a big risk, particularly in light of recent scams and especially since those of us that stayed in did so after the original failed launch.  I have been stung by IPO scams in the past so it takes a lot of faith and belief in something to get involved in another.

That said, I completely agree that some are clearly dumping IPO and that does damage the price and profitability in the short term.  I don't really see the point of taking such a big risk for such little profit by dumping as soon as the coin hits a low-volume market.  But, sit tight, once the weak hands have all been dealt h2o will still be here, providing returns and helping a good cause.