Q2 2019: -$9.4 million
Q1 2019: -$6.6 million
Q4 2018: -$7.4 million
Q3 2018: -$9.3 million
Q2 2018: -$7.4 million
Q1 2018: -$5.7 million
Q4 2017: -$7.0 million
Hu Hu Hu.
Beyond meat market capitalization (14B) places it above 30% of S&P500 companies.
Not overvalued at all. Scaaaaam. What idiots bought? Robinbros?
Beyond Ponzi just announced a secondary share offering of 3.45 million shares.
I wonder what could go wrong?
The GoPro experience (another CNBC favorite):
Reminds me of ripple also (aaaand another CNBC favorite), with founders (also early adopters still up 10,000% with the price down more than 90% from ath ) just dumping since their ponzi made them billionaires.
I am eager to see the clowns that joyfully and aggressively bought get slapped in the face and learn a harsh lesson about reality.
Also join my discord you will find the link in my telegram channel
1/ GO TO YOUR BANK OR INVEST EVERYTHING YOU HAVE IN YOUR BANK ACCOUNT AND BUY MASSIVELY OUT OF MONEY PUT OPTION ON THE STOCK
2/ SHORT THE STOCKS BY BORROWING THEM FOR SURE ACCORDING TO YOU YOU WILL BUY THEM BACK FOR NOTHING
SO I CONGRATULATE YOU BECAUSE THESE TRADES WILL MAKE YOU A MILLIONAIRE IN NO TIME AS YOU SEEMS SO SURE OF YOURSELF
GOOD LUCK AND TAKE CARE
lET US KNOW WE GO TO YOUR PARTY IN YOUR NEW VILLA
I am already out since a long time and made at the end 10000 dollars premium
So volatile i agree the valuation is way too high and the business case is becoming a challenge as many competitors enters the market
I love the IV on the options but this is a dangerous game right now.
I also don’t believe it can collapse to as much as so many think in the short run. Otherwise i would go long on puts.
Are you long on puts and which one with what strike and expiry ?