BYND – Beyond a good investment?

Vegans of r/Stocks do you eat this stuff? I consider myself plant based mainly and I won't touch it. With earnings coming up (Feb 24th) I am thinking of shorting the stock for the below reasons:

1) Their past 4 earnings have been pretty trashy

Q3 2021 EPS Miss -122.71% Rev Beat 0.31%

Q2 2021EPS Miss -33.39% Rev Beat 5.95%

Q1 2021 EPS Miss -109.51% REV Miss -4.59%

Q4 2020 EPS Miss -181.83% REV Miss -2.08%

2) Due to the current uncertainty of the market, any lackluster earnings has resulted in a pretty large dip (Roblox, FB etc).

3) Medias obsession with the 'war' in Europe & inflation news could result in a pretty red week.

Do you buy this product?



Leave a Reply

Your email address will not be published. Required fields are marked *