Your Almost Daily Bit of Wall Street Wit & Wisdom

beyond meat

Daily candlestick chart of Beyond Meat by Steven Sarnoff, h/t stockcharts.com

“Parabolic advances usually carry further than you think, but they do not correct by going sideways.”
— Bob Farrell

I get a kick out of the wild success of Beyond Meat’s IPO sparking scorn from analysts excoriating the “fake meat” company’s market cap exceeding that of larger and more established enterprises like Conagra.

Hah, they don’t see the future of food charted clearly before them.

For you, the animals, and the planet, Go Vegan!

Subscriber Note: We’re on the road and offline much of this week, headed up to the mountains for some fresh air and apple pie.

Best regards,

Steve

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