Replies to post #63514 on Savvy Trades and Investments

[cliffvb]

BYND Your post got me looking at this one which has surged over 800% since its recent IPO.

Current market cap: $13.5 Billion
Price/ sales ratio= 122/1
PE ratio NA as the company is losing money.
For 2020, analysts consensus estimate is for 5c eps:
2020 Fwd P/E= 4,400

Would anyone argue that this is not a very rich valuation for a company that makes plant based meat substitutes?

Still, I sure am glad that there were no shares available to short on this one as I would be losing my a** now.

[bbotcs]

r59: AAL

Are U getting ready to buy? EOM