Some people also thought Gamestop was a good deal at $400 after 50x-ing...but when you look at fundementals, earnings and actual projected growth and not just the hype, you see the stock for what it really is. At $20 it was a good deal because of the possibilities of long term success (which we haven't seen any actual evidence of yet), but at $125 it is way overpriced.

Another way to look at it. TSMC profit in 2025 was equivalent to Intel revenue (both about $55B), but Intel made zero dollars profit, yet somehow their market cap is now half of TSMCs.