Avoid Beyond Meat Amid Extreme Rally Volatility

4 days ago

Paul Sweeney

"Okay, ticker B Y N D the plantbased burger sausages. You love them, Tom. Okay, so the shares doubled in pre-market trading boosting 4day rally to almost 1300%. So it has like this mimi is mimi a word I don't know but I'm going with it. Um so following the story so if you remember back Friday right it began to rally then it picked up steam on Monday. Business insider said there was this trader who had been talking about the stock on social media. Then Bloomberg is saying the momentum really picked up because you had the bearish traders covering their bets against Beyond Me. You had Roundhill Investments adding Beyond Me to its RoundHill meme stock ETF. >> So what I do cuz I've had it twice and didn't like it. What I do, they're going to probably send us a case of Beyond Meat now. Punishment."

The speaker reviews Beyond Meat's extreme pre-market rally and accompanying hype from social media and ETF inclusions, but then clearly states a personal negative stance based on past experience, implying an avoidance recommendation.

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