Beyond Meat: Doomed by Lack of Customers
"A company like Beyond Meat is absolute poo poo, right? It's it's terrible. They don't have any customers. Anybody who doesn't like meat isn't eating processed chemicals and anybody who likes meat isn't eating Beyond Meat. They've got no no customers. And I think a point that Martin brought up before which is very astute is like value isn't always defined as cigarette butts, Coca-Cas, buying things for 10 times uh free cash flow, right? Unless you can point to a turnaround, you're just playing musical chairs with a stock that has no real fundamentals."
The speaker strongly criticizes Beyond Meat, describing it as a company with fundamentally flawed operations due to a lack of true customers and unsustainable business fundamentals. Without a clear turnaround plan or catalyst, the speaker warns that the stock's valuation is unjustifiable and is likely to underperform.
Beyond Meat Not Worth the Investment
"I was watching this great video of this great investor from the children\'s investment fund PCI who basically says that 99% of stocks out there are not suitable for his portfolio. And it\'s like such a crazy thing to say, but when you stop and think about it, it\'s really true that there are only a couple percent of the companies in the world that are exceptional and worth investing in. Beyond Meat is not one of them, spoiler alert, but nor are most companies. So why would you want this in your portfolio? You want to make crazy gambles."
The speaker delivers a bearish company commentary on Beyond Meat, asserting that it is not one of the exceptional companies worth investing in. The commentary implies that Beyond Meat, as a startup with a questionable business model, is unsuitable for long positions and should be avoided by conservative investors.
Pessimistic View on Beyond Meat
"The fundamentals never lie. Over the long term, the stock price will always follow the fundamentals. A company like Beyond Meat is absolute poo poo, right? It\'s terrible. They don\'t have any customers. Anybody who doesn\'t like meat isn\'t eating processed chemicals. And anybody who likes meat isn\'t eating Beyond Meat. They\'ve got no customers."
The speaker delivers a scathing commentary on Beyond Meat, arguing that its fundamentals are extremely weak, with a lack of real customers and unsustainable business metrics, implying the stock is destined to perform poorly over time.
Short Beyond Meat Trade
"Let me see if I can short some more beyond. I'd short a little bit more beyond at like my average is around six. So short a little more. The bond holders are just shoving the stock in your face and that kind of makes it hard for their stock to rally. That's why I'm short it."
The speaker explicitly calls for increasing a short position in Beyond Meat (BYND), arguing that aggressive actions from bond holders are keeping the stock depressed and inhibiting a rally.
Beyond Meat's Volatile Rally and Retail Catalyst
"one more ticker for you. BY ND, Beyond Meat. This one, man, if you've been watching it the last few days, just uh on fire. It was up more than 112% at one point during today's session. Right now there is just about a gain of about 7/10en of a percent. So it's bounced uh way lower and that's after 146% uh move to the upside on Tuesday and a gain of about 127% uh on Monday and then 24% higher on the Friday before. So it's been on a tear up more than a,000%. But the bouncing around, I mean it just hearkens back to those meme stocks that we've talked about. But we should point out that after the bell on Tuesday, the company said it will increase the availability of some of its plant protein products at over 2,000 Walmart stores. So, uh, the other thing is the rally we've seen, maybe traders are covering some of their bearish bets."
Beyond Meat (BYND) has experienced extreme volatility recently, with massive intraday surges followed by sharp pullbacks. The speaker notes that while the stock has rallied significantly over the past few days, the erratic price action may indicate traders covering bearish bets, despite positive retail expansion news with Walmart.
Shorting Beyond Meat on Broken Fundamentals
"I just shorted some. My average is 375 now. Um, it's, uh, this had been a profitable short for me years ago. Like, this is just such an AUG company that's like it's so reliable to short it. Um, 'cause again negative growth in terms of size of the portfolio. I think I'm at 1% now. So it would have to go literally 100x for me to be worried about it."
The speaker outlines his short position in Beyond Meat, noting that he has already entered at an average price of 375 and is comfortable keeping a 1% position given the company's persistently broken fundamentals and negative growth. He indicates a willingness to increase his short if the stock shows upward pressure, reinforcing his bearish view on the stock.
Beyond Meat Volatile Rally Amid Retail Hype
"Well, lots going on in the market today. So many earnings to parse, but I wanted to start off with the meme stock here. We're looking at uh Beyond Meat, which is ticker BY ND. We're seeing shares jumping as much as 112% in today alone. This is the highest intraday since August of last year. But if you look over the past four trading days, we've seen the stock surge more than,300% over the past four days here. This all due to the fact that there has been a lot of chatter online. There's a Dubai based real estate developer that developer that's really been touting the stock and you're seeing a lot of the retail traders running rushing to the stock trying to pour money into it. But of course, we did see short interest that was up more than 60% at the end of September. So, it's a bit interesting to see right now whether or not this is actually people covering their positions here or just a traditional rally here."
The speaker outlines the extraordinary intraday and four-day performance of Beyond Meat (BYND), highlighting extreme volatility driven by online chatter and retail trader enthusiasm coupled with significant short interest. The commentary raises questions about whether the rally is driven by short covering or a genuine market move.
Short Trade Call on Beyond Meat due to Overextended Financials
"Beyond Meat, um that has rallied what a what a move from it was trading at 8 cents. This is the 2027 paper and it's now 75 cents on the dollar. Incredible, incredible move for the Beyond Meat debt. No real update on Spruce. Same same story. No, Beyond Meat isn't the GameStop of anything. Okay, so they're issuing up to... share outstanding number is wrong. It's not a 200 million market cap. Massive amount of stock. 326,190,370. They like quadruple the shares outstanding. So, what is this business worth? What's the stock price? 356. Um, yeah, the bonds have 10xed. Um, bond holders are allowed to put them into bankruptcy, but now company's kind of back, but you know, there's maybe 40 million in gross profit. I got some short on a different broker. Short at 345."
The speaker outlines a short trade on Beyond Meat (BYND), emphasizing its overblown valuation and financial distortions—quadrupled shares outstanding, inflated debt conversion, and weak gross profit metrics. The detailed rationale, including an executed short at 345, calls the stock a bankrupt candidate with unsustainable fundamentals.
Beyond Meat Rally Driven by Meme Stock Dynamics
"We got to take a look at Beyond Me, Paul. I mean, >> Tom Keane, we were not allowed to talk about Beyond Me. We can talk about it to our heart's content over here because that stock is roaring. Uh so Beyond Me ticker B Y ND earlier actually it was halted because of the volatility but before it was it rose as much as 73%. Now that stock is trading again and it is currently up 60%. It's just been a crazy rally like nearly 4 days up nearly 1300%. And it started on Friday. Started on Friday because there was a business insider report that apparently there is a trader who's been touting the stock on social media and that kind of just gave rise to the meme stock feeling of it all. So it is the latest darling of that movement and the theory is that now that rally is being juiced by all these traders who previously were heavily short on the stock now trying to cover their shorts. uh because 64% of the shares available for trading had been sold short at the end of September. That's a lot of shorts to cover and that's why we're seeing this uh gang busters rally today."
The speaker highlights Beyond Meat (BYND) experiencing a wild rally fueled by meme stock dynamics and short covering, noting extreme volatility and rapid gains over the past few days.
Avoid Beyond Meat Amid Extreme Rally Volatility
"Okay, ticker B Y N D the plantbased burger sausages. You love them, Tom. Okay, so the shares doubled in pre-market trading boosting 4day rally to almost 1300%. So it has like this mimi is mimi a word I don't know but I'm going with it. Um so following the story so if you remember back Friday right it began to rally then it picked up steam on Monday. Business insider said there was this trader who had been talking about the stock on social media. Then Bloomberg is saying the momentum really picked up because you had the bearish traders covering their bets against Beyond Me. You had Roundhill Investments adding Beyond Me to its RoundHill meme stock ETF. >> So what I do cuz I've had it twice and didn't like it. What I do, they're going to probably send us a case of Beyond Meat now. Punishment."
The speaker reviews Beyond Meat's extreme pre-market rally and accompanying hype from social media and ETF inclusions, but then clearly states a personal negative stance based on past experience, implying an avoidance recommendation.