To be the laughing stock means to be the subject of mockery, and in this context he does not want to be mocked by his fellow tykes.
Context: She didn't come; he kept calling, wishing for success and not wanting to be the target of mockery and derision of his fellow tykes.
Hypothesis: She didn't come; he kept calling, wishing for success and not wanting to be the laughing stock of his fellow tykes.

Given this context, is the hypothesis true (Yes/No/I don't know)?