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It was _wildly_ successful. The goal posts of an exit were successfully moved several times in the course of the rise. From 100 to 200 to 300. Some of the init
by JamesSwift 6y ago
It was _wildly_ successful.
The goal posts of an exit were successfully moved several times in the course of the rise. From 100 to 200 to 300. Some of the initial traders successfully exited at the original meme price of $420.69. The fact that it was _so_ successful is why people even then began to beat the drum of a $1000/share exit. Even now the price has has settled around $90 which is probably at least twice its "fair" value of $20-$40.
So yeah, some people purely chasing a hype lost but a lot of retail investors that had their finger on the pulse before the hype successfully called their shot and made it out the other end much richer than when they started.