Very Good Food Company Inc VGFCQ

Reality

[CanadianKia]

So, i have been saying for a while that this stock needs to be in the $0.5 to $1 range or lower.

most people thought i was crazy. 

Do yourself a favour and look at their last financials and focus on a few things:

1. TOTAL REVENUE (does it match beyone meat and others who are succesfull?)
2. TOTAL SHARES (WONT INCLUDE THE NEW SHARES THAT WERE ADDED RECENTLY)
3. Read the portions on the production expansion. This part i Like and is always good to see with any company growing BUT you HAVE to understand that the expansion comes at a big cost up front!!! thats important because in the short term it will hurt your profits but in the long term is good.

Therefore, this stock should be at the prices that i have said above until their revenue hits the 400-500M a year. then you can justify the crazy high prices that competitors have. 

At this point in time, its almost a worthless company with $10M of revenue a year. their shares should be pennies until they can develop.

IMO.

[PhDtrader]

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

[CanadianKia]

even  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