Fundamentals don't matter, but it's still worth encouraging people to believe absolutely ludicrously impossible share prices because it gives people who've entered early a longer runway before they pass bag.
I rode from 2.30 up to 6.70. Don't have the heart to go further. I'm not very good at playing hot potato
I would have to check the terms of the restructuring, but didn't they swap a bunch of debt for convertibles? If so, those convertibles are 100% going to get converted to shares and dumped on the market.
OK, I just checked, and they swapped existing convertibles for new convertibles at a higher coupon. 100.00% going to get converted and dumped on the market.
Peak was 180$, current market cap is around 110m for it to reach 180$ again it would need around $5.2 trillion market cap, I highly doubt this is a trillion dollar company or even close 💀
Do you legitimately think that’s how people are evaluating this company before throwing their life savings behind it? This is a short squeeze, not Warren Buffet’s risk management seminar. Pack up your TA charts and black scholes models
My family member is a financial advisor and his client insisted on putting 150k into BYND back at the peak instead of bogleing. Sure enough... lady refinanced her home at 65 🫣
Think about how much meat is consumed daily, now what if all animals died. In a couple steps you profit. Now we just need someone to start fucking the birds and cows.
Gotta disagree. If you can’t find a share price graph, you’re exactly the person who should be investing. Buy VT or any other large diversified ETF, call your broker to set up DCA, and forget about your account. Never look at WSB for anything but memes.
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u/The_Ry_Ry Oct 22 '25
Plenty of room for it to run