$bynd 🍔
TBH, I had been researching the stock/company purely bcs CoPilot found me the chart and whilst there are still some real concerns the hype forced my hand early and i'm in because "I like the stock"
My game is finding stocks with 90%+ retraces that are actually great companies with valid reasons for decline aka $slnh, $path, $bitf.
I ❤️ that this is a high profile disruptor.
I ❤️ that big Pharma and the meat cartel are actively attacking the stock as it means they are a threat.
I ❤️the vison of the founder and the aspirational vision.
I ❤️ Cash/Debt = 2x Current Valuation
I ❤️ that they have recruited reputable financial recovery team and are executing their plan.
I ❤️ The product.
I ☠️the financials, specifically margins and expenses vs Revenue but it is dramatically improving.
I ☠️some of the questonable desisions around the company expansion.
Personally, all this schill and focus on a short squeeze is bloody frustrating, stock is likely to pump and dump now whereas it actually has the potential, albeit tenuous, to fundamentally return to what I see as fair value in the $3 and even $15 range.
Before I found the hype I was looking to watch the stock bounce around the $.50 to $.80 range and consolidate, find a double/triple bottom and enter the stock in this range as it organically grinds it's way up to the 200day MA around $2.50 so it can properly breakout.
Unfortunately the pump and dump crew are all over this now. But then, the flip side, I❤️ the idea of liquidating the fudge outta the big hedge guys that are shorting ❤️❤️❤️
Anyways, will be entertaining to watch over the next 24hrs and the week ahead 🌊
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