Bullish on $BYND

So you tried a Beyond Burger once and hated it. It's disgusting...whatever... But have you considered... (1) Self reported studies show that roughly 10% of Americans over the age of 18 say they don't eat meat. Globally that number is closer to 20%. The plant-based food industry has grown double digits YoY since 2019. The industry has a high ceiling, and Beyond is poised to reap a lot of those benefits if it can continue to position itself well in the market. And speaking of positioning itself well... (2) Yesterday's "news" should be taken with a grain of salt; McDonald's itself said the article was misconstrued. However, $BYND does in fact have multi-year supply deals with both McDonald's and YUM (Taco Bell), and these companies could decide at any moment to roll out plant-based items on a large scale. And if a restaurant like McDonald's rolls out a large scale offering, then things could get interesting because... (3) $BYND has been relentlessly targeted by short sellers. Go look at the numbers, they're pretty compelling. ~$2.5B cap, only 55M public float, and about 40% short interest (short interest ratio at around 7 days). I know, I know...everyone is looking for the next big short squeeze. I'm not saying this thing is going to be nuclear, but high short interest combined with a rise in stock price is a recipe for rewards. Earnings May 11. None of this is financial advice, and I am not recommending anything. For those who comment "so puts it is," more power to you! Positions: Calls listed below, additionally I own about $1K in shares. https://preview.redd.it/c1t2xv9pgaw81.jpg?width=827&format=pjpg&auto=webp&s=5b9de341f5a11aba3ecd13662e8e5a53212b0eaa

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Bullish on $BYND

Apr 28, 2022

bullish

general Analysis

[1 min Read]

So you tried a Beyond Burger once and hated it. It's disgusting...whatever...

But have you considered...

(1) Self reported studies show that roughly 10% of Americans over the age of 18 say they don't eat meat. Globally that number is closer to 20%. The plant-based food industry has grown double digits YoY since 2019. The industry has a high ceiling, and Beyond is poised to reap a lot of those benefits if it can continue to position itself well in the market. And speaking of positioning itself well...

(2) Yesterday's "news" should be taken with a grain of salt; McDonald's itself said the article was misconstrued. However, $BYND does in fact have multi-year supply deals with both McDonald's and YUM (Taco Bell), and these companies could decide at any moment to roll out plant-based items on a large scale. And if a restaurant like McDonald's rolls out a large scale offering, then things could get interesting because...

(3) $BYND has been relentlessly targeted by short sellers. Go look at the numbers, they're pretty compelling. ~$2.5B cap, only 55M public float, and about 40% short interest (short interest ratio at around 7 days). I know, I know...everyone is looking for the next big short squeeze. I'm not saying this thing is going to be nuclear, but high short interest combined with a rise in stock price is a recipe for rewards. Earnings May 11.

None of this is financial advice, and I am not recommending anything. For those who comment "so puts it is," more power to you!

Positions: Calls listed below, additionally I own about $1K in shares.



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BYND

Beyond Meat, Inc.

25.39

-0.27
-1.05%

Return

-34.81%
Change % Since Posting
-13.56
Change Since Posting
38.95
Price When Posted

Metrics

100.00
Target Price
9/ 10
Confidence
6-12 Months
Timeframe
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Earnings Release
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News
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SEC
Filing
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Sentiment
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