Who remembers Beyond Meat

John@Doe

1Mês

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

1Mês

@Doe "Still"... I can only say beware of overpriced IPOs.

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byebyebayern@byebyebayern

1Mês

@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

1Mês

As hyped back then as palantir is today! There are several examples of this!

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The W.@thewolfofallstreetz

1Mês

@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

1Mês

@Investfamily Compare Palantir with beyond meat 🥸

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Hendan@Hendan

1Mês

How can you compare Palantir to this?

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mami_goes_boerse@mami_goes_boerse

1Mês

Isn't Oatly such a case too 🤔

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Investfamily@Investfamily

1Mês

@Sansebastian it's all about the hype factor!

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Sansebastian@Sansebastian

1Mês

@Investfamily eher $PTON 😉

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TheMaverick@TheMaverick

1Mês

It reminds me a lot of Tatooed Chef $TTCFQ

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The W.@thewolfofallstreetz

1Mês

@TheMaverick Yeah, seems they filed for bankruptcy... That's why I am careful with unproven business models and unprofitable companies.

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Kai@Dividenden-Sammler

1Mês

was also once a hype company....

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The W.@thewolfofallstreetz

1Mês

@Dividenden-Sammler Absolutely, just a brutal chart...

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Sceptical_Noob@Sceptical_Noob

1Mês

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

1Mês

@Sceptical_Noob Seems you sold at the right time ;- )

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Sceptical_Noob@Sceptical_Noob

1Mês

@thewolfofallstreetz Just luck

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federalreserve@federalreserve

1Mês

Yes, around Covid it was just annoying, constantly positive news and nothing came of it😅😂

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K@TechNav

1Mês

Here you can see how much air there is in speculation compared to the actual figures.

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The W.@thewolfofallstreetz

1Mês

@TechNav Have never generated positive operating cash flow, that says it all.

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Silas W.@DynasticGrind

1Mês

*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

1Mês

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

1Mês

@Thoranos Fortunately!

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Soprano@Soprano

1Mês

Who could have guessed that subterranean tasting food is not a good business model?

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The W.@thewolfofallstreetz

1Mês

@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

1Mês

@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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