BEYOND MEAT: How One Trader Pumped A Stock 1500%!
📈What It's All About:
The chart you are looking at is not one of a sh*tcoin, it’s a stock listed on the New York Stock Exchange! The company is called Beyond Meat, a pioneer of the artificial meat market. A set of commercial failures and debt problems brought the stock down by 99.79% from the highs when the pump started!
📈The Pump:
A Reddit account called "Capybara Stocks" disclosed buying roughly 3.1 million BYND shares around mid-October and published a detailed bullish thesis, arguing the note exchange plus equity issuance, which triggered dilution fears, actually reduced bankruptcy risk and improved the balance sheet.
His post highlighted heavy short interest/borrow costs and retail options flows that amplified the upside.
📈What Happened Next:
It was a typical short squeeze on an epic scale. With the 54% short float, a sudden buying spree started triggering stop losses and key options levels. People who sold the options and expected to make easy $100 were now looking at $1,000+ potential losses and were scrambling to buy shares to "cover" their sold options.
📈GameStop Case:
This scenario closely mirrors the GameStop stock pump (
📈What Now:
As BYND stock price has already lost 50% from the recent highs and seems to want to go lower, the company’s current prospects remain bleak with revenue projected to drop 14% next year.
But the CapybaraStocks trader made $10,000,000 in profits and says he kept a sizeable position in the stock as he believes in it “long term.” Many option traders made small fortunes, and the people who were on the opposite side of the trade went bankrupt overnight.
📈Conclusion:
Hats off to the legends who pumped the stock to the moon and HODLED!
To those who lost money: C’est la vie 😎
Yours Truly,
Greg🌹
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✅Join My FREE Telegram Channel:
t.me/top_tradingsignals
✅Contact Me for Signals:
t.me/toptradingsignalsfx
✅My Website: toptradingsignals.net/
✅My Broker: go.tradenation.com/visit/?bta=37174&brand=tradenation
t.me/top_tradingsignals
✅Contact Me for Signals:
t.me/toptradingsignalsfx
✅My Website: toptradingsignals.net/
✅My Broker: go.tradenation.com/visit/?bta=37174&brand=tradenation
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
