Short Beyond Meat Trade
"Let me see if I can short some more beyond. I'd short a little bit more beyond at like my average is around six. So short a little more. The bond holders are just shoving the stock in your face and that kind of makes it hard for their stock to rally. That's why I'm short it."
The speaker explicitly calls for increasing a short position in Beyond Meat (BYND), arguing that aggressive actions from bond holders are keeping the stock depressed and inhibiting a rally.
Shorting Beyond Meat on Broken Fundamentals
"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.
Beyond Meat's Volatile Rally and Retail Catalyst
"one more ticker for you. BY ND, Beyond Meat. This one, man, if you've been watching it the last few days, just uh on fire. It was up more than 112% at one point during today's session. Right now there is just about a gain of about 7/10en of a percent. So it's bounced uh way lower and that's after 146% uh move to the upside on Tuesday and a gain of about 127% uh on Monday and then 24% higher on the Friday before. So it's been on a tear up more than a,000%. But the bouncing around, I mean it just hearkens back to those meme stocks that we've talked about. But we should point out that after the bell on Tuesday, the company said it will increase the availability of some of its plant protein products at over 2,000 Walmart stores. So, uh, the other thing is the rally we've seen, maybe traders are covering some of their bearish bets."
Beyond Meat (BYND) has experienced extreme volatility recently, with massive intraday surges followed by sharp pullbacks. The speaker notes that while the stock has rallied significantly over the past few days, the erratic price action may indicate traders covering bearish bets, despite positive retail expansion news with Walmart.
Short Trade Call on Beyond Meat due to Overextended Financials
"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.
Beyond Meat Experiences Meme-Driven Surge
"Beyond Meat, these shares are doubling in the pre-market. It really has gotten silly. Um they essentially went from 50 cents four days ago to now $7.40 per share in four sessions which is a spike of 1300%. Now the original spike on this week was on the back of a social media frenzy. It got added to yesterday after Walmart announced that it will increase the availability of Beyond Meat products in its stores. And this all comes after a very heavy dilution of shareholders after a debt swap last week. So, it's gone to a penny stock to now $7.20, doubling in the pre-market."
Beyond Meat shares have experienced an explosive surge driven by social media buzz and increased distribution from Walmart, despite recent shareholder dilution and erratic price movements.
Avoid Beyond Meat Amid Extreme Rally Volatility
"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.
Beyond Meat Rally Driven by Meme Stock Dynamics
"We got to take a look at Beyond Me, Paul. I mean, >> Tom Keane, we were not allowed to talk about Beyond Me. We can talk about it to our heart's content over here because that stock is roaring. Uh so Beyond Me ticker B Y ND earlier actually it was halted because of the volatility but before it was it rose as much as 73%. Now that stock is trading again and it is currently up 60%. It's just been a crazy rally like nearly 4 days up nearly 1300%. And it started on Friday. Started on Friday because there was a business insider report that apparently there is a trader who's been touting the stock on social media and that kind of just gave rise to the meme stock feeling of it all. So it is the latest darling of that movement and the theory is that now that rally is being juiced by all these traders who previously were heavily short on the stock now trying to cover their shorts. uh because 64% of the shares available for trading had been sold short at the end of September. That's a lot of shorts to cover and that's why we're seeing this uh gang busters rally today."
The speaker highlights Beyond Meat (BYND) experiencing a wild rally fueled by meme stock dynamics and short covering, noting extreme volatility and rapid gains over the past few days.
Beyond Meat Volatile Rally Amid Retail Hype
"Well, lots going on in the market today. So many earnings to parse, but I wanted to start off with the meme stock here. We're looking at uh Beyond Meat, which is ticker BY ND. We're seeing shares jumping as much as 112% in today alone. This is the highest intraday since August of last year. But if you look over the past four trading days, we've seen the stock surge more than,300% over the past four days here. This all due to the fact that there has been a lot of chatter online. There's a Dubai based real estate developer that developer that's really been touting the stock and you're seeing a lot of the retail traders running rushing to the stock trying to pour money into it. But of course, we did see short interest that was up more than 60% at the end of September. So, it's a bit interesting to see right now whether or not this is actually people covering their positions here or just a traditional rally here."
The speaker outlines the extraordinary intraday and four-day performance of Beyond Meat (BYND), highlighting extreme volatility driven by online chatter and retail trader enthusiasm coupled with significant short interest. The commentary raises questions about whether the rally is driven by short covering or a genuine market move.
Beyond Meat's Current Valuation and Operational Risks
"The market capitalization is currently sitting at only $49.55 million. That figure alone should give every investor pause. When you compare that $49.55 million to the size of their established manufacturing infrastructure, their global IP portfolio, and just the sheer cost of building the brand recognition they currently have, it suggests a profound undervaluation. If, and it's a big if, they can survive the next, say, 18 months."
Beyond Meat's current market cap of $49.55 million raises concerns about its valuation relative to its established assets. The speaker suggests that while the stock may be undervalued, survival over the next 18 months is uncertain.
Short Squeeze Potential for Beyond Meat
"I do feel the fact that only about uh 3 4 million shares were returned, there is more upside coming over the next couple trading days. Plus, at the same time, we do have a lot of big companies putting out their earnings. So, the market momentum might really just escalate from here. ... if retail can continue this good momentum, you can see a good push to like that 250 at least or to even potentially that $3 range."
The speaker expresses a bullish sentiment on Beyond Meat, suggesting that the stock could rise to at least $2.50 or potentially $3 in the short term due to retail momentum and the current short interest dynamics.