RE:RE:Realityeven at $1, whoever kept their .25 shares is laughing.
The reality is that the growth they are having and the capacity constraints will work to balance each other out. what's the point of growth if you can't supply it???
i am not sure when the next earnings call is, but that will set the tone for where the stock goes from here,but based on the results from Beyond Meat, you can already see problems down the road.
if the earnings are great, we will see a nice bump up, if they only grow to 15M, expect it to be exactly where i have predicted it to be.
PhDtrader wrote: The share price of Beyond Meat is not justified, IMO. Beyond Meats revenue to market cap is about 1 to 15 and earnings have basically stopped increasing. The only reason to buy into such a ratio is if the future looked very bright, and it does not for Beyond Meat.
Very has a similar revenue to market cap but is growing at about 200% per year. The future looks very bright!
I will be watching the November earning in eanest, as I beleive the Q to Q increase will be twice what we have seen to date. But I'm still not entirely convinced. I keep getting in and then getting out. I'd like to find the right sp to stay in, as I what to builda longterm position.
I doubt it's going to get <1, but anything is possible. Let's not forget it IPO'd at $0.25 only about 1 year ago!