BYND at current price levels is flat out nuts. It is clear they are way beyond any sensible valuation, and now it is just purely a momentum play. Not a care about future guidance or P/E ratio, this is about short term opportunity. It is a perfect storm surrounding this name. A crazy amount of […]
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Beyond Meat Inc (BYND) is a strong momentum play, to say the least. A large base of investors in the name is young and generally new to the markets. Not a surprise since these investors also love Bitcoin. Well BYND made a ‘Bitcoin-type’ move and currently at levels not really palatable for investors. A completely […]
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Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company’s products became available across the United States in 2013. In May 2016, it released the first plant-based burger to be sold in the meat section of grocery stores, on an international basis. The company has products designed to replace chicken meat, beef, and pork […]
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