They got burned because they didn't do their research, just jumped on board the hype train when they saw the SP rocket for no reason when actually it was just a pump and dump. There's a difference between investing and gambling. You don't jump on a stock because of FOMO you get in because you see value in the growth of a company overtime unless of course you're a day trader. That said not complaining people will do what they will.
"The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett.
Not financial advice. GLTH.
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