Shorting Beyond Meat on Broken Fundamentals

4 days ago

"I just shorted some. My average is 375 now. Um, it's, uh, this had been a profitable short for me years ago. Like, this is just such an AUG company that's like it's so reliable to short it. Um, 'cause again negative growth in terms of size of the portfolio. I think I'm at 1% now. So it would have to go literally 100x for me to be worried about it."

The speaker outlines his short position in Beyond Meat, noting that he has already entered at an average price of 375 and is comfortable keeping a 1% position given the company's persistently broken fundamentals and negative growth. He indicates a willingness to increase his short if the stock shows upward pressure, reinforcing his bearish view on the stock.

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