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Looks like bull, tastes like bull, but its time to find out what this Beyond Meat is really made of going into earnings. Look, people need to eat even during COVID, but are they eating enough Beyond Meat for price to break through resistance, that is the question?
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1. Fractal...
This years hottest IPO, Beyond Meat (NASDAQ: BYND) has soared hundreds of percent since it's initial public offering price of 25$. Price peaked at an unimaginable 240$ on Friday, barely three months after beeing listed. This caught a lot of attention from shortsellers and speculators, equally thriving to find shares to short. As evident by the short ratio of 0.62...