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The W.
@thewolfofallstreetz
2Sem.·

Who remembers Beyond Meat?

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34 Commentaires
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John@Doe
2Sem.
Why remember? They "still" exist. Doesn't look so rosy. Never been busy, neither with the share nor with consumption.
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The W.@thewolfofallstreetz
2Sem.
@Doe "Still"... I can only say beware of overpriced IPOs.
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byebyebayern@byebyebayern
2Sem.
@Doe In the past, vegans have often informed you about their diet without being asked. It seems to be a concern of yours that you have never considered vegan food or even trying it. Interesting.
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Investfamily@Investfamily
2Sem.
As hyped back then as palantir is today! There are several examples of this!
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The W.@thewolfofallstreetz
2Sem.
@Investfamily But Palantir has good fundamentals compared to Beyond Meat, you can't compare them. Peloton, for example, is a better fit.
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Sansebastian@Sansebastian
2Sem.
@Investfamily Compare Palantir with beyond meat 🥸
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Hendan@Hendan
2Sem.
How can you compare Palantir to this?
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mami_goes_boerse@mami_goes_boerse
2Sem.
Isn't Oatly such a case too 🤔
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Investfamily@Investfamily
2Sem.
@Sansebastian it's all about the hype factor!
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Sansebastian@Sansebastian
2Sem.
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Kai@Dividenden-Sammler
2Sem.
was also once a hype company....
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The W.@thewolfofallstreetz
2Sem.
@Dividenden-Sammler Absolutely, just a brutal chart...
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TheMaverick@TheMaverick
2Sem.
It reminds me a lot of Tatooed Chef $TTCFQ
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The W.@thewolfofallstreetz
2Sem.
@TheMaverick Yeah, seems they filed for bankruptcy... That's why I am careful with unproven business models and unprofitable companies.
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Sceptical_Noob@Sceptical_Noob
2Sem.
I remember it very well, I think I bought something in 2020, then sold in 2021 or 2022. Gee, I didn't think it was in this situation.
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The W.@thewolfofallstreetz
2Sem.
@Sceptical_Noob Seems you sold at the right time ;- )
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Sceptical_Noob@Sceptical_Noob
2Sem.
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federalreserve@federalreserve
2Sem.
Yes, around Covid it was just annoying, constantly positive news and nothing came of it😅😂
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K@TechNav
2Sem.
Here you can see how much air there is in speculation compared to the actual figures.
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The W.@thewolfofallstreetz
2Sem.
@TechNav Have never generated positive operating cash flow, that says it all.
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Silas W.@DynasticGrind
1Sem.
*Beat drop* Yo, fellas, ya remember beyond meat? -once king o 'da street, now on a pink sheet! So, dudes watch yo feet, don't march to their beat, cause you can lose some money gamblin' onna Wall street! *Skrrr*
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Thoranos@Thoranos
1Sem.
Bought sometime for fun in 2020 at the low and sold a few months later with a big plus. Then never touched again.
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The W.@thewolfofallstreetz
1Sem.
@Thoranos Fortunately!
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Soprano@Soprano
2Sem.
Who could have guessed that subterranean tasting food is not a good business model?
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The W.@thewolfofallstreetz
2Sem.
@Soprano At the beginning, many thought it was pretty good, otherwise sales would not have grown so strongly. But the company has never managed to generate positive cash flows and now sales are collapsing... That's why I usually stay away from unprofitable companies.
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Soprano@Soprano
2Sem.
@thewolfofallstreetz Everyone tried it once (including me) because they were curious, then realized that it tasted absolutely crap and didn't buy it again.
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Demas@Demas
2Sem.
Yes bad investment, because of my feeling I invested in in…
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The W.@thewolfofallstreetz
2Sem.
@Demas Happens to the best investors. It is about drawing the right conclusions from your own mistakes.
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Fetzen@Fetzen
2Sem.
I eat the stuff
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The W.@thewolfofallstreetz
2Sem.
@Fetzen As long as you don't invest in it...
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2Sem.
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