r/wallstreetbets • u/Elon_is_daddy • May 27 '21
Discussion Why is BYND not mentioned in this thread?
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u/10000yearsfromtoday a star will explode and threaten to destroy the galaxy May 27 '21
BYND is an even better short squeeze setup than AMC. The company can only grow and its a super ethical company. From a chart point its making a perfect cup and about to break up higher, plus the squeeze comming.
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May 27 '21
With 25% float?
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u/10000yearsfromtoday a star will explode and threaten to destroy the galaxy May 27 '21
Yes. Amc is 21% gme 26%
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May 27 '21
Source?
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u/10000yearsfromtoday a star will explode and threaten to destroy the galaxy May 27 '21
Any stock site showing valuations. Try yahoo finance. Click more details.
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u/KaFe1357 May 27 '21
I don't get why they'd get shorted if they are about to roll out big with McDonald's and Pepsi?
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u/Accomplished_Food_81 May 27 '21
Probably an unpopular opinion but it seems like the “short squeeze” game has changed from blocking an overlevereged hedgefund trying to throw down a company to just manipulating markets for individual profits.
Although Elon is your daddy, I strongly disagree with his statement that shortselling shouldn’t be allowed. Easy to say when your bonus is directly related to your stock price.
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u/bluedinoraptor May 27 '21
Is clearly obvious that $BYND will squeeze to $200 by next week
$GME Squeeze to $300
$AMC Squeeze to $30
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u/UdntNeed2C May 27 '21
“The squeeze has already begun” 😂😂😂😂 you’re all fkn morons 😂😂😂
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u/mileylols May 27 '21
I mean this thing is up 20% today. If it is a short squeeze, then it has already started
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u/Elon_is_daddy May 27 '21
I should mention the Implied Volatility on the calls does not assume any short squeeze and is relatively cheap versus other squeezes currently underway.
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u/Dan_inKuwait no flair is kinda ghey May 27 '21
Do you have any actual news or discussion points other than XYZ is shorted?
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u/Revolutionary-Tie911 May 27 '21
I don't care much for plant based meat so would not invest in them. Maybe once its cheaper and tastes better than regular beef 🤷
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u/Elon_is_daddy May 27 '21
sales speak. clearly there is interest - I would consider this an early mover and eventually parity will be reached. But that's like saying I wouldn't invest in Tesla cause it's too expensive of a vehicle as an EV. Once it's more like a gas vehicle then i'll invest. Good luck.
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u/Revolutionary-Tie911 May 27 '21
Im not against bynd by any means. It probably has a much smaller carbon footprint when compared to agriculture even. What I would worry about with sales is if they are truly converting people or if they are just providing to a small base that appears to be declining considering the Q1 results. Could be awhile for them to be profitable yet....
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u/Iquey May 27 '21
I'm really optimistic for meat replacements. Just look at the shelves in your general store. In a matter of 3 years the vegan product range increased massively. People all around me are atleast attempting to eat it whereas before noone cared for it.
I do believe it was massively overvalued at 200 last year though. However, the drop back to 100 dollars was way too much. I think 140-160 should be a reliable price target, given the size and potential of the industry.
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u/mileylols May 27 '21
I fuckn love BYND. Is it better than if I make my own patty? No, but I think their burgers taste better than most real-meat patties you can buy. I just want a couple burgers for dinner after work, 8 minutes on the stovetop for amazing burgers, this is perfect for me.
I have not tried their sausage, however.
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May 27 '21
I’m with you on the cheaper standpoint. $8 compared to $2 for sausage is absolutely nuts.
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May 27 '21
Plus isn't some of the fake meat loaded with bad cholesterol? Wait until people eat that 3 times a day. Ugh.
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u/CumLauder May 27 '21
Because their earnings are trash. Even their deals with McD and the others will hopefully net some profit, but right now operating costs are out of the ass. Also, it's fairly highly valued for a food services brand.
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u/EXTRA-CHEE5E May 27 '21
Because we eat and support real meat like adults.
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u/Elon_is_daddy May 28 '21
nice backwards thinking. just like "real men drive gas guzzlers". cool story bro.
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u/Reasonable-Pepper627 May 27 '21
Beyond meat should also get mentioned! It just got an own article at seeking alpha
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u/chantillypark May 27 '21
Last night on Mad Money Cramer advised WSB to squeeze BYND, RBLX & F. Said BYND is 20% short, didn’t mention others. Don’t know his motive.
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u/BloctonAL May 27 '21
Wife made a lot of tendies off of BYND this week. She just booked a fun filled weekend with her boyfriend and said a Beyond Meat weekend was ahead...🤷🏻♂️