Replies to post #823 on Beyond Meat Inc (BYND)

[leftovers]

I completely agree here:

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.

I wouldn't consider owning the shares currently but, I have been shorting puts here because of the volatility you can sell premium 50 strikes out of the money making them have a 90% probability of making money and I have been doing just that.


In a year or two from now would be when I would consider ownership once they prove themselves. There were some serious VC investors here before this became public so I would say that shows conviction.


Time will tell


Cheers

[Porgie Tirebiter]

Definitely don't want to own shares here. The volatility of the shares attracts gamblers. By selling the implied volatility (option premium) one sets themselves up as the casino.

Many small samples each with a very high probability of success is the key.

[Nebuchadnezzar]

Fitbit and BYND are not even in the same league.

BYND may be overvalued but it will not end up like FITBIT unless competition for plant based burgers gets out of control

BYND is probably going to settle in around $85-125 per share.

of course, many things depend on trade and I hope this trade war heats up, I love chaos and volatility.

either way, the markets are going down.

trade war--markets go down
trump loses (which I hope he doesn't) - the market goes down SIGNIFICANTLY
trump wins and we have some trade deal, inflation will rear its head and the FED will be forced to raise rates quickly--market goes down

only way market goes up is with RECORD STOCK BUYBACKS, take these record stock buybacks since 2010 out, and the market is probably still under 2007 peak

now if we get negative rates, its game over