From my point of view, this 1,000% surge in $Beyond Meat, Inc.(BYND)$
You have all the key ingredients: Reddit-fueled hype, massive FOMO from retail traders, and a huge short position (>100%) getting completely decimated. The shorts are being forced to buy, and it's creating a feedback loop.
But here’s the real play: If Beyond Meat's management is smart, they should use this opportunity to get a lot of cash.
The company is still burning money and its financials are weak. This artificial, astronomical stock price is a golden ticket. They should be executing an "at-the-market" (ATM) share offering right now. Sell millions of dollars worth of new stock at this inflated price, clean up their balance sheet, and fund their operations for years.
Just like $GameStop(GME)$ and $AMC Entertainment(AMC)$ did, they can use the market's speculative frenzy as a tool to save the company. This isn't about the burgers; it's a chance to use the GME model to get the cash they desperately need.
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