That kind of stuff is totally irrelevant to pricing a security in the secondary market. If anything, it's a reason NOT to buy since there's a nearly 100% chance you're overpaying, given the huge dumb-money bid from tons of millennial Robinhood accounts. If you want to save the planet, then get your friends/family to buy the product in lieu of meat, or lobby Congress to introduce a carbon tax.
I want to short bynd so bad. All that damn hype is sickening Reminds me TLRY Looked at options but crazy expensive
I am just trying to get better arguments here rather than it is a short because it is up big. There are companies with 100 P/Es that turned out to be great buys 25 years later.
Bynd $10 billion dollar company and never made a dollar of profit..and it warned that it may never be profitable!!! Keep buying the hype!
I bought BYND at $79 just a week or two ago. I don't think looking at earnings is the right way to value growth stocks. If you do this, you will miss all growth stocks in a free money world where people don't care about rates and only care about growth. How about some real analysis other than shorting just because it went up?