They have them in costco. I had the burger king impossible whopper which wasn't too bad and thought the costco burgers would taste similar. They don't. It literally tasted like cat food. I actually almost threw up after eating one. Had to throw the rest of the patties out.
I have no idea where it closed nor do I have to look. Buy this stock all day long. There's a myriad of reasons why... its gonna drop a tad lower if we have a selloff, no way it can't.... but buy it all day long on the way down. Do it for grandma. Its not going away. It'll be here 5 years from now. Valuations and fundy's aside... these folks have some kind of edge. They are NOT going away. Its like CMG at $42.
Well if we have any type of meat shortage such as I am hearing talked up, even short term, it may earn them some converts. Sort of how ZM has benefited.
They don't have the production capability. Most on wall street know this which is why it dropped from it's $200+ highs. If they run at full capacity for the next year, you're talking $105-$110 top price. I think BYND is going back to the $80s for now.
Tbh, if that happens they'll be buried. Tyson, Cargill, and a couple others already know how to make this stuff. When people are starving, degrees of taste tests by celebrity chefs go out the window. As companies like Cargill go... Beyond is their sacrificial guinea pig. Until now that is. Corona kinda f's up the 10 year vision. Doesn't matter. Make no mistake, its gonna drop. My prior post might have been misleading. The sh*t's too expensive for right now and its wasting prime real-estate (floor space.... worse yet, refrigerated floor space) at your local Safeway.... so it'll drop. Gotta watch the short interest. Its one of those kind of stocks. Its gamed. It could drop to $25. Fundamentally it should be even less than that. So with all that said... on second thought, don't buy this for granny. I don't want that one on my shoulders, because before it goes up, its gonna drop some more.
Don't jump in and buy this thing NQ... just stick to what you're best at. Work the ES charts. Plenty enough gravy there for a skilled player. Stocks like this will f you over.