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Re: leftovers post# 820

Friday, 08/02/2019 8:18:37 AM

Friday, August 02, 2019 8:18:37 AM

Post# of 2636
Some of those "weighty" arguments were advanced when FITbit reached $50 a share several years ago. Today it's $3!

Gotta admit I know little about Beyond Meat (the stock or the product), but nothing about it strikes me as very new. Similar food products have crashed quickly and dramatically over the decades.

I wouldn't buy BYND for the reason Buffett/Mungar never buy IPOs: Early hype tends to ignore reality. IPOs and early stage businesses are generally bad investments.

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