$Beyond Meat, Inc.(BYND)$ 139.94 million shares sold short, which is 31.1% of all regular shares that are available for trading.  Last quarters result will be published by the end of this month. Can they beat the forecast of 60 to 65 million in sales USD ? And have they been able to cut costs per unit sold ? At the moment the share price are diving down towards the 50 cents mark again.   But  if they can deliver signs of a real turnaround could we see another short squeeze et triggered ?  Worth a gamble ....

# 💰Stocks to watch today?(11 Feb)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • EdRoy
    ·02-06
    If they smash sales forecasts and slash costs, shorts might get squeezed. Worth a punt! [吃瓜]
    Reply
    Report