AA was clear to his shareholders that the price per share was not warranted.
He stated that over and over.
We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last. Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment.
Those shareholders who said it would go to $50,000, $30,000 or even $2000 should be the ones that investors/traders shouldn't have trusted. It cost them dearly.