Post by
drd8 on Dec 09, 2020 1:46pm
can a financial guru explain
and the old 'market looks ahead' is true to a point but not when there is no IP, patents, proprietary formulation, barrier to entry , market share etc
beyond meat trades at 10x rev's - ttcf trades at 1.5x revs - impossible foods has 151m in sales and raised $1.5 billion and has a $4 billion mkt cap - very trades at 170X sales and has $10m in the bank and trades over $900m mkt cap - insanity at its finest
Comment by
pystocker on Dec 09, 2020 4:07pm
Jim Cramer explained phenomenon in his video yesterday https://youtu.be/NOnu2Qr_5Es