“There’s the revolutionary cycle right now which includes GameStop, which has started a gigantic rally ever since management decided to raise equity by selling stock right into the maw of the r/wallstreetbets crew. AMC’s doing the same thing, staging a monster rally once it was able to raise capital on the backs of the r/wallstreetbets team. I keep waiting for these guys to adopt another target, a company with a big short position that could use money as it went higher. My pick would be Beyond Meat.”
Here’s what investors need to know about BYND stock following those comments.