Yes, pitiful, but the meme stocks arrived so suddenly and in such a puzzling manor that I doubt many people, especially wealthy retirees, acted. Many with blue chips and mutual funds and conservative 401Ks rarely look at their investments. I know my kids almost never check their stocks.
Thank the lord, most people aren't IHUb-type players! (or they weren't a month or two ago)
We'll eventually get plenty of of meaningful numbers. But 28% seems ludicrously high.
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