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Technology Stocks : Impossible Foods and Beyond -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (90)	7/30/2019 10:47:49 AM
From: zax	Respond to of 249

The downside action since earnings and announcements after market yesterday is but a blip in the meteoric rise of BYND. I subscribe to the idea that demand continues and will continue to far outstrip supply for both products and securities in this space for some time. Even with the secondary offering - that is rather generously rewarding the underwriters - the BYND float is still relatively small, and as I understand it will continue to be so at a minimum until after lock-up. Those talking negatively about Beyond, whom I take for granted to generally be short the stock, seem to be dominating the message board chatter. In my experience, all this adds up to a potential recipe for continued explosive gains. It is simply much more painful to hold a short than a long position, especially if your long basis puts you well into the money. Long term? Who knows. There simply aren't very many investment options in this space yet. As such, I continue for now to believe that the long side is a much more lucrative place to be. And of course you know, I very much believe in the long-term disruptive prospects of plant-based 'meat' in general.