bynd is coming back and the negativity here just highlights the short term thinking and inability to stomach volatility /smg/ has. the company is in much better position now that it's debt has been renegotiated, their path to profitability is much easier now, and they bought at least 5 years of time to reach it. the brand is popular and well-liked, even more so now with the free publicity as a meme stock. your personal opinion doesn't matter, it's the aggregate market, another thing /smg/ has to learn. it already has a deal with mcdonalds, nuggies in europe, and has had deals with other major vendors like carls jr, panda express, kfc. they continue to release new products, and fake meat is a rapidly growing market, both for lifestyle reasons and health reasons. the stock has been trading down for less than two weeks. it's not fun to hold through that kind of volatility but truthfully it's meaningless, a permanent deal with panda express, chipotle, mcdonalds, taco bell sets them up for success, makes this a 10 billion dollar company easily.
this whole saga illustrates everything that's wrong with /smg/, fear and schadenfreude, short-sightedness, solipsism, prejudice and hate, and arrogance. it's why you will all remain poor, why you continuously make bad financial decisions, and why you always miss the boat.

beyond meat... wow. up nicely on my position now, glad i held on. and going to keep holding on. it's obviously overvalued but here we are. my mom has some shares too, she's in africa still so we can't sell those, but i'd like to surprise her with a huge win when she gets back next week.
anyways this is cute but my big trades are not holding up well, snap wkey btbt, and of course 35% of my portfolio is intc which reports tomorrow, so i have bigger things on my mind. eth is skating along at it's 3800 support, want to see that rally soon, worried that support will break and the market will go down with it. probably waiting for good news out of asia, apec conference 9 days out.

know a lot of you have a weird hangup about beyond meat, i'm not in the mood to do psychology right now though. but i will tell you it was up 25% yesterday and is pumping in the after hours right now. the stock is one of the most heavily shorted names, 39% of the float shorted. in very recent months they've gotten a bunch of shelf space at wal mart, which is new, and they've been a constant at costco. last year they got into mcdonalds europe selling plant mcnuggets, and it's probably only a matter of time before we see the mcplant. either way, a short squeeze seems to be starting. i have 673 shares at about this price and i considered it a good buy. obviously it was cheaper rather recently but that's over now and it's likely going much higher. this stock once traded at 350/share. that is all, thank you for your attention in this matter.