Anybody in here on the BYND short train

I’ve been short some call positions in the past, but I haven’t gone long any puts or shorted the stock itself for margin and risk reasons. Sounds like it’s worked out well for you though.

A good many of the money losing unicorns have been getting slammed lately, haven’t they? I guess it started with the dope stocks, now it’s hitting the fake meat, food delivery and ride sharing companies.

Sooner than later, I may take a short position or even buy some longer dated puts on PTON though. An overpriced stationary bike with a cheap computer monitor attached. Wow, fools and their money.

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Been riding it down since it was about $160.

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Better bank if your still short. Most of the selling lately has been from the lockout exp. and the anticipation of it. It's now 60+% off it's high and many analyst have a price target above current levels. Last but not least.....If McDonald's buys in...boom

quote:

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Better bank if your still short. Most of the selling lately has been from the lockout exp. and the anticipation of it. It's now 60+% off it's high and many analyst have a price target above current levels. Last but not least.....If McDonald's buys in...boom

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Been cashing in all the way down and reloading at every pop. All that seems to keep the price from completely caving in is that hope that MCD will rollout BYND nationwide. I really don’t think they will when they have their decades-long partner Nestle running a much larger fake-meat trial in Europe. Nestle also provides at a much lower cost.

Plenty of room to go much lower, comparing BYND to other food packagers with a price/sales ratio of 1.5 at best this company is still 5+ times overvalued. The company is little more than hype puff pieces and hopes and dreams.

He swore he wouldn’t sell any more after cashing in on 160. Has he really sold more this morning? I’ve missed that.

I think it was announced Friday.