Eat & Beyond Global Holdings Inc C.EATS

Wow look at the EATS chart!

[Tijana20]

I’ve been in and out of this several times and this stock has been very kind to me but,luckily,I haven’t held for awhile.
For anyone who is still wearing their rose coloured glasses keep in mind a lot of VERY cheap paper is now free trading and is still well in the money so I wouldn’t be ruling out $1 either.
Sorry for the longs but I think this will continue to drop.Time will tell.GLTA :)

[CanadianKia]

its obvious that some people bought at 3-4 bucks and holding.  which happens. The reality is that its not looking good until there is significant news to turn things around. Right now under 1 in the next couple of weeks isnt impossible.

[PhDtrader]

This isn't the first time EATS has dropped by half. Previously it went from 3.05 to 1.67, but it did so a lot more quickly and dramatically. After that it started to consolidate into a gradual rise that continued to $4.50 :)  I agree the momentum in EATS is astrounding, which makes me wonder if the fall could continue...? But I am reminded that the current fall reflects investors

[CanadianKia]

Personally, i invested in the company based on my belief in the trend of the market for meat alternatives since i have worked for years in CPG and know that is a big market (my old, global company had started investing in this industry) My hope was that EATS would be a bit more transparant in their financials so you could make some estimates of how much they can grow over time as an investment

[PhDtrader]

Curious in what form you woud expect them to declare their earnings? EATS is 100% clear that 1. "The Company’s primary source of funding is through the issuance of share capital" 2. They also suggest that money can be raised through selling equity in their portfolio.  1) Nothing to report here-  they have not yet done a round of financing. They have close to 13 million shares

[Tijana20]

Oh boy....shaking my head!....so I’m going to buy/sell EATS based on your analysis?...That’s too stupid to even laugh at. The facts are the chart looks beyond horrible! ...Insiders just keep on dumping....and,as I mentioned earlier,there is a tonne of extremely cheap paper now free to trade. I’ll stick to MY prediction that this approaches $1.GLTA