$Beyond Meat, Inc.(BYND)$ 139.94 million shares sold short, which is 31.1% of all regular shares that are available for trading. Last quarters result will be published by the end of this month. Can they beat the forecast of 60 to 65 million in sales USD ? And have they been able to cut costs per unit sold ? At the moment the share price are diving down towards the 50 cents mark again. But if they can deliver signs of a real turnaround could we see another short squeeze et triggered ? Worth a gamble ....
$Beyond Meat, Inc.(BYND)$ Last trading day of the week, and Beyond has just launched a new stream of income potential. Low calorie, protein rich fuzzy drink in a can. Speculation about an improved last quarter, and new products could make an interesting combination mixed with a bit of a short squeeze maybe ? Any thoughts on reaching 1.61 USD fair value soon ?
$Beyond Meat, Inc.(BYND)$ XmasRally on the way ? Last full week before Xmas , and there is a lot of money on options expiring this Friday. Next 24 to 48 hours could be interesting to watch .....
$Beyond Meat, Inc.(BYND)$ They got the healthy food tick. So far this month it hasn't sizzled so well at the stock market though. I still think we will get another bounce upwards before Xmas looking at the trade in options. Been flipping the shares like crazy over the last few weeks, but still see the long term value higher than the one dollar mark. So do you think there will be another squeeze before Santa arrives ?
$Beyond Meat, Inc.(BYND)$ Next 24 hours could be interesting. There is quite a lot of interest on the 1.50 call options expiring this week. Will we see a big volume and a churn past that price again ? I have stocked up on shares and are still going long ..... But this is not financial advice. I have also started to spread my risk further into ETFs that provide a more diversified approach into consumer staples, and companies that provide regular dividends. Wish me luck ! 🙂✋
$Beyond Meat, Inc.(BYND)$ Plant-based food is not a trend, and it’s not actually in decline. It’s simply stabilising after a skyrocket. Which looks like decline when you’ve previously been looking at a near vertical line on a graph. Beyond Meat as a company has been loosing money for years, so why did I choose to invest in them ? Because they have reached a critical point in the turn around effort. They have changed the product line. They cut costs, but still have a good research and development team, and the ability to upscale as the price of meat goes higher around the world. They have some really good new food offerings that got sold out quickly due to demand, and cash flow to keep momentum. It's a risky investment for sure,
$Beyond Meat, Inc.(BYND)$ They have a much improved food offering . They are rebuilding the brand. They have trimmed costs, and have enough cash to keep the momentum of a turnaround that are in progress. I think they are still worth a longer term investment at this price level.
$Beyond Meat, Inc.(BYND)$ At this price level it's worth a gamble. Looks like we are getting close to the bottom for now. There is potential for a couple of catalysts that could send this back up both in short , and possibly long term. Anyone else buying up at this level ?
Beyond Meat. They hit rock bottom. And now they are trying to flip 🙃 the share price upwards like a juicy vegan 🍔 . And a lot of irregular movements can give opportunity for today , and next week when results get published....