$BYND

[Cuddles]

So as America's life expectancy topped out and has declined relatively speaking in comparison to other developed countries, while eating a higher degree of meat based protein, we of course should continue doing exactly that? ROFLMAO

And no I am not a vegan. Just someone who has learned over a lifetime (that I hope continues decades more) to choose what I eat, and just as important, how much I eat ... carefully.

BTW: the bun is just as unhealthy as the burger, regardless of whether burger is the vegan or meat variety.

Live fast, die young. Only ETer's want to live to be 60 and have a nice 401k to start enjoying life.

 

[Overnight]

Live fast, die young. Only ETer's want to live to be 60 and have a nice 401k to start enjoying life.

Nothing wrong with either of those options, so long as Flipper is dead.

 

[cornerstone]

Slept on this one, thought on where this is going?

in an intraday analysis, it looks like it has major resistance at 154.5. if it break it + volume it can run a few dollars. other option is continuing the downtrend and LH

 

[elitenapper]

Those who bought it on end of first day of trading should be very happy.
They should have closed most of their positions, as upside potential is limited.

There is money to be made on the way down in the next 6 months IMHO. Two tricky variables: (1) Trump's "plunge protection team" plus tweets, (2) broader market rally upon the Fed lowering rates.

It reminds me a lot of Tilray. TLRY ran all the way up to $300 in the first two months following its IPO. Over the past year its slowly faded back down below $50. BYND ran all the way up to $200 before pulling back to $150. I wouldn't be surprised at all to see it fade back to $100 over the next few months.

Who knows for sure though. It will be interesting to watch.

Yep. It's potentially a very good stock for short-term trading and day-trading for the next couple of months at least.

Good stock to get into IMHO. It will not tank aside from a possible IPO peak orgasm drop. The company is going to make a LOT of money if they keep their costs under control, and management in check.

I wouldn't go long at $150 unless you are talking about day-trading, and even then, I'd use very tight stops. Big swings expected but I'd say it's more likely to be under $100 in 6 months or sooner.

 

[Covertibility]

Earnings Monday. I'll be out of it before then but if they announce their bacon line is set to launch in Q3 then whoa, the after hours is gonna be a madhouse. I'm nominating BYND the Nobel Prize if their bacon actually tastes like real bacon.

 

[Covertibility]

Well that didn't jinx it as it kept running all day and is now up $15 pre market. Let's try this, the question of the day: Which is more impressive: Turning water into wine or plants into beef products like steak and bacon? I think Christianity could've cornered the market for believers if they had said that Jesus fella was turning the countryside into bacon.


Rumor of the day (not true but could happen):

BYND is going to release a consumer product for the home next year that converts 25 sq ft of your lawn, with other ingredients, into 1 pound of steak or bacon. It'll retail for around $199.

 

[Ryan81]

This is going to be an epicly profitable trade for those who can pick the right time to short this POS.

 

[Covertibility]

See that on today's chart, it's making the sign of the cross.

Perhaps the system is saying that yes, turning plants to bacon is as impressive as turning water into wine. Praise be to Jeebus!

And ya know, the bacon thing would be a big deal with the muslims, and there are about 2 billion of them.

Going to 300 on Monday. It ain't Madness. It ain't Sparta. It's Beyond Meat!!


#SuperSmallPosition

 

[Ryan81]

Just looking at their last quarterly income statement (ending March 30), it looks like they're hemorrhaging cash. Not good in a low-margin packaged goods industry with low barriers for competitors to push nearly identical products.

Maybe a good comparable would be Conagra? They've got no problem turning a profit and paying a dividend. I think BYND is a bubble Beyond (tm) reason. Name recognition can get you on a bunch of restaurant menus... but a 14B market cap for a one-or-two-trick pony that caters to only a small segment of the population? Me thinks not.

Good luck with your #SuperSmallPosition though I'm not touching this thing because it could go to $400 before it falls back to Earth! Who knows!

 

[taowave]

One of the best comps was Whitewave Foods which was bought out in a cash transaction for 12.5 billion in 2016..Now,the caveat was Whitwaves generated 4 billion in sales in 2015,so the deal went down at apx 3x sales...(Nestle took out Sweet earth,but the terms of the deal were not disseminated)

I love BYND food products.The Impossible Burger is pretty dam good as well,but their burgers are savagely priced,way more than BYND...

No matter how you slice it BYND is absurdly priced even if you factor in that the vegetarian market is rumored to be a 5 billion dollar market by 2020. At 5 bil ,BYND will have to capture at 50 percent of the market to trade at 5x sales,which is not cheap...