How a $70,000 Moderna bet grew into a $1.2 million exit

As seen on the 24/7 Wall St. homepage on October 9, 2026.

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A trader on r/wallstreetbets going by shanzid01 posted a second consecutive gain update on Moderna, bringing the cumulative total to roughly $1.18 million in profit on a position that started at $70,000.

The exit decision is what carries the story: the trader announced a rotation into something described simply as safer, framing the call as a deliberate move to protect winnings.

The top reply, from codespyder, put it plainly: '70k to 1.2M. Living the dream.' Other commenters urged splitting the proceeds, keeping only a small slice in active trades and moving the bulk into a diversified fund.

The trader's own post opened with a self-aware disclaimer that this was gambling and explicitly asked readers not to seek advice from the account. A gain of this size on a concentrated single-stock position reflects a risk profile most portfolios are not built to absorb.

Mentioned: MRNA