Will it hit $3.50, page-30

You know most retail didnt get many shares at that price. It was already sold to institutions.

"Even though Laybuy shares finished at $2.08 on its first day of trading (41% above its IPO price), at one point the shares were asking $2.30, a good 63% above where it started."

So many institutions made money sure. But retail got wiped out all the way down. So sure if you recently bought at 1.38 you would be happy now.