For one, since it's an IPO, it's probably overpriced, Barry James, president of James Advantage Fund, told CNBC.
"When you look at initial public offerings, 80 percent of them lose money the first year," he said in an interview with "Power Lunch."
"You have this hype that we have today and you have this weird kind of governance. … So we think let the froth die and then there might be a better time to buy."
That governance is what also concerns Mike Crofton, president and CEO, Philadelphia Trust Company.