BYND Is not going anywhere in this space, but the current valuation is insane. Looking to do 250 million in sales, there is no way the current valuation ~14 billion makes any sense.
The only thing allowing this to pump the way it has is the stock lockup which has been hands down the best decision their CFO has ever made.
Either way, there is insane reward potential at this price. I'm taking a small put position in to earnings expecting a correction of some sort.
GL~
The only thing allowing this to pump the way it has is the stock lockup which has been hands down the best decision their CFO has ever made.
Either way, there is insane reward potential at this price. I'm taking a small put position in to earnings expecting a correction of some sort.
GL~
Comment:
GET PAID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Trade closed manually:
Thank you BYND