10-30-2026, 01:20 PM
The comparison to the meme stock craze feels apt, though at least GameStop had an actual retail business underneath. A shoe brand renaming itself toward AI while sales keep sliding is a story, not a strategy. Your point about paying 78x earnings for Yahoo and riding Cisco down is the useful reminder here: the exciting narrative always arrives before the numbers do. I'd rather watch from the sidelines and see if anything real shows up in a quarterly report before treating a ticker jump as a turnaround.