Short Trade Call on Beyond Meat due to Overextended Financials

4 days ago

"Beyond Meat, um that has rallied what a what a move from it was trading at 8 cents. This is the 2027 paper and it's now 75 cents on the dollar. Incredible, incredible move for the Beyond Meat debt. No real update on Spruce. Same same story. No, Beyond Meat isn't the GameStop of anything. Okay, so they're issuing up to... share outstanding number is wrong. It's not a 200 million market cap. Massive amount of stock. 326,190,370. They like quadruple the shares outstanding. So, what is this business worth? What's the stock price? 356. Um, yeah, the bonds have 10xed. Um, bond holders are allowed to put them into bankruptcy, but now company's kind of back, but you know, there's maybe 40 million in gross profit. I got some short on a different broker. Short at 345."

The speaker outlines a short trade on Beyond Meat (BYND), emphasizing its overblown valuation and financial distortions—quadrupled shares outstanding, inflated debt conversion, and weak gross profit metrics. The detailed rationale, including an executed short at 345, calls the stock a bankrupt candidate with unsustainable fundamentals.

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