This isn't going to be a popular thing to say, but it needs to be said. So here goes...All this whining and umbrage about Facebook's IPO is ridiculous.

When are people who voluntarily speculate on stocks finally going to take responsibility for their decisions?

Never, apparently.

On Thursday, Facebook priced its IPO at $38.

On Friday, the stock opened at $42, a 10% jump, and spent most of the day trading above $40. Then, thanks to heavy support from the company's bankers, the stock closed just above $38.

In other words, even after the sharp selling at end of the day, Facebook IPO buyers were better off than they had been the day before. And if they were among those who took the abundant opportunity throughout the day to sell stock above $40, they locked in a nice overnight gain.

But to hear people bitch, you'd think they'd been swindled out of...