BYND could see $30: W/ Mayur Thaker (Clips)

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Could Beyond Meat (BYND) actually fall down as low as to $30? What would that actually mean?

⏱Timestamps⏱

0:00 Introduction:
1:36 Could the stock pop up?
4:18 Bear case: $30
5:37 But it could be a good thing

This video only includes my opinions and is not investment advice

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Disclaimer: I am not a financial adviser. What I talk about in my videos are merely my personal opinions and thoughts, and should not be considered financial advice.

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Kind regards,
Jesse

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#BYND #BeyondMeat #PlantStock #MayurThaker #seekingalphapartner
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How far down could we see BYND get to?

PlantStock
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Every time the stock market go down investors become greedy. Its a deal right now, for me i will buy and thats it. Yes it could go down but nobody knows. Im adding to my position

oliviersaindon
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Anything is possible with how the market is punishing growth companies for missing earnings and lowering guidance. I hope it doesn't but I won't be surprised if happens. Beyond management needs to clearly state were they are with deals with Pepsi and McDonald's and how they are ramping up production while driving cost of their patties. Any indication of higher prices will hit beyonds margin and will tank the stock.

fearad
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Even Mayur Thaker turned into pessimist a bit, it would be a good sign of bottom. if he is, then who's not? Considering marketing effect of McPlant over Beyond Burger and recent trend where we care so much about our health, we will be seeing earning and revenue exceeding analyst's expectation.

brighter
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Stranger things have happened. It would be sad but markets can overshoot quite a bit

mooongoat
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The problem with companies such as Beyond Meat is that there isn't a large positive impact on the environment vs. Cows since cows can live on land not suitable for plant growth. This company is mostly a vegan/vegetarian focused business where their innovations would come from making their stuff taste good at a decent price. However, it's ESG is overrated as hell.

erichong
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Very weak bear case. Of course it can happen, but the argument itself is weak. The truth is nobody knows what multiple is the correct valuation for these stocks. Time will tell. I think it’s good value here but I don’t have any idea

kallewarn