5D·

Beyond meat

Fun fact: as a former vegan, I've had the share on my watchlist for 4 years. I once had a limit order for €80, which fortunately didn't go through 💀

Today the share is at ~€1.50

I bought 1000 shares yesterday for €0.88.

On Reddit or X some investors are talking about over 5$. Many compare it with $GME (+1.28%)

What do you think? Will the share be below €1 tomorrow or will there be another short squeeze?

20.10

Beyond Meat

Bought x1000 at €0.88

€880.00

5 Comments

Der_Affe@Der_Affe

You were lucky. That was/is a coin flip.

•

Favo96@Favo_96

@Der_Affe good news as they avoided impending bankruptcy, penny stock territory, and possible short squeeze

•

Bubu@Bubu_98

Why should the shorts liquidate their position? The share will go to 0 sooner or later 🙈

•

Tobias@Crovax83

So we are still in the middle of a short squeeze, if the analysts recently valued it at around €2.50, and now the number of shares has quintupled, then the fair value is now more likely to be around 50 cents. With a little imagination, you might think it's a good thing that you've got rid of debt and perhaps value it at 60-80 cents. But in my opinion, the current price can really only be maintained if they now come around the corner with really great new key figures/prospects. I was also very lucky and bought in at 49 cents on Friday and sold half of it again today at €1.93. With the second half, I can now keep a close eye on what happens without feeling too bad.

•

Igor@Igor

@Crovax83 I have sold 90% of my position. I let 10% continue to run.

••