NVX moves in line with other speculative / meme stocks, not...

NVX moves in line with other speculative / meme stocks, not value and blue chip stocks. Meme stocks have loved the past the few days after US CPI announcement, assuming that everything is back to normal, i.e. rate cuts and money printers going brrrr. To be honest, I am surprised NVX hasn't shown 20%+ daily gains in the current moment euphoria. It may still happen, however, the fundamentals haven't changed as far as I can tell. So, this euphoria will not be very long.

I mean, come on, some folks here are already clapping hands as the share price hits $1.04. $1.04! Seriously? Not too long ago, the same folks were talking about $2.4 being the bottom and then celebrating $4 as even stronger bottom, etc. The bar is really dropping. If you look back, you may find that in fact $1 was just another top, not bottom.