Jun. 6 at 5:46 PM
$FLO @Farms Do you shop for your own groceries? If so, next time at the grocery store, look beyond your own cart and at other shoppers' carts. What are they buying? That - is as much "Due Diligence" as viewing the Fundamentals data here or elsewhere. The products of most of those companies in the green - they're going to be in the carts. But Beyond's products? Rare to see anyone buying BYND products, especially if we are talking a "normal" grocery store and not a health-food store or Whole Foods type of store. What Beyond Meat is -
- is a marketing scheme for legumes - and that's it. Look at their entire product line as trying to answer the question, "How can we package cheap yellow peas/legumes as a chameleon so the customer thinks it is this other product that normally has meat in it?" And most consumers are not interested in playing "Make Believe" with Beyond's food.
$CAG $GIS
