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The S&P 500 will top soon at 2925-2930
- Thread starter volente_00
- Start date
Bynd haaaaa
Up to $150+++
$8 billion market cap on a fake meat product
Haaaa
How much do you pay for a stock that will stop global warming and save the planet?
How much do you pay for a stock that will stop global warming and save the planet?
That kind of stuff is totally irrelevant to pricing a security in the secondary market. If anything, it's a reason NOT to buy since there's a nearly 100% chance you're overpaying, given the huge dumb-money bid from tons of millennial Robinhood accounts.
If you want to save the planet, then get your friends/family to buy the product in lieu of meat, or lobby Congress to introduce a carbon tax.
Tried shorting BYND at $167
Broker doesn't support shorting
Ughhh
Bubble bubble bubble
Wow $185+
What a joke
How much do you pay for a stock that will stop global warming and save the planet?
You are kidding right???
Stop global warming...
That kind of stuff is totally irrelevant to pricing a security in the secondary market. If anything, it's a reason NOT to buy since there's a nearly 100% chance you're overpaying, given the huge dumb-money bid from tons of millennial Robinhood accounts.
If you want to save the planet, then get your friends/family to buy the product in lieu of meat, or lobby Congress to introduce a carbon tax.
I am just trying to get better arguments here rather than it is a short because it is up big. There are companies with 100 P/Es that turned out to be great buys 25 years later.
I bought BYND at $79 just a week or two ago. I don't think looking at earnings is the right way to value growth stocks. If you do this, you will miss all growth stocks in a free money world where people don't care about rates and only care about growth. How about some real analysis other than shorting just because it went up?