Reminder than $BYND still has a valuation of 228.26x revenue without turning a dollar in profit

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The short interest has gone from 53% of market volume to only 25% (as of two weeks ago, likely lower now). Imo the short squeeze is over unless $BYND taps into $180-185.

 

To be either short OR long on this company right now is completely speculative. When the market isn’t pricing a security correctly I’m not going to touch it with a 10 foot pole because there’s nothing backing up my trade in either direction.

I believe that people are overpaying for the future value of this company, but that doesn’t mean it’s going to stop anytime soon. It just makes it a bad long term investment.

 

 

h/t  explain_like_im_nine

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