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Beyondburger

Lowering the StakesI've listed most of my Technical analysis points on chart. Fundamentally the company has plenty of cash on hand to handle debt obligations for 12 months onwards, but the astronomical Valuation metrics (i.e. Price to Sales, Price to Book) when compared to traditional competitors such as Tyson Foods and Sanderson Farms indicate a high price premium. In addition the COO just resigned without a definitive reason which never bodes well for a company. www.marketwatch.com
NASDAQ:BYNDShort
by kingmidasLXIX
BYND'S Potential long term upsides: Forcasat for the next month.Beyond Meat was already coming down when some dude ate a bat. The amount further it dropped, is not by very much in comparison to where it was already. It seems like BYND could be positively effected by the new normal. More young investors trying to save the world. Any who last time we got here from the bottom- we blasted through $100 and did not look back. I expect the same. Don't eat MEAT- EAT BABIES!! ***This is in no way shape or form financial Advice***
NASDAQ:BYNDLong
by SKYLOBSTER