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Good morning, thank you for joining our pre market live stream. Here we discuss stocks to keep on watch and potentially trade every morning. We cover in depth technical analysis while answering stock trading related questions. Cheers.
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saying BYND is a bubble is not accurate
this stock is not hype. people really want a better kinder world where animals are not killed for food and to help the issues with global warming
what is really happening here is the short squeeze battling the people buying at high risk. both sides are losing, both sides are winning
the stock is way over valued, doesn't mean it is a bubble
that over value has to do with the short squeeze, not from animal rights activists buying stocks or from hype
a lot of day traders into this stock causing the inflation
if all the people stopped shorting this and day traders found something more entertaining and left this stock alone, it would gradually reduce back down to where it should be around 100 to 120, and so that legitimate long investors can get in.
it is a shame it gets labeled a bubble
also competition in the market does not devalue this stock, it is the opposite
because this product has to overcome its stigma, being plant based, the more competition now, normalizes this product and others like it. people always want variety in their diet, so you won't see people choosing other brands instead of Beyond Meat, but in addition to.
also the efficiency in their production is the major issue. once the price gets lower than meat, there is a good chance for this to be the normal food and real meat will be the novelty, and especially as new products develop at this quality.
have you tried the pork based version? I have not, anyone like it?
Wanna see a bubble ticker symbol : WLAB😂
Hey is it possible you can make a video on understanding candlestick patterns?👍🏽
bynd is a bubble but its not TLRY either. different factors and when it will crash is hard to call. BYND been doing weird things all the same though. Went up 30 overnight on short share loan recalls
Thank you