Mar. 31 at 10:33 PM
$BYND Beyond ridiculous. I've been bullish on BYND for years. I've loved trading options on it, but i'm 100% done with the company. They've had enough hype, brand awareness and plenty of opportunities for growth, but have done nothing to seize the opportunities over the years. RS is going inevitable now, and bankruptcy is around the corner for this garbage company.
Rebranding shouldn't be your turning point/last resort for help. Rebranding happens before the market/financials take a turn for the worse.
Are the protein drinks good? Yeah, probably, but who cares?? If you're going to enter a new product into the market, at least make it look original (not exactly like
$CELH). Alani Nu's marketing team knew what they were doing, and that's why they got bought up by Celsius. Siete foods?? Original, and they were bought by
$PEP.
I wish everyone the best out there who's playing the long game, but when you have an uninvested CEO who's just looking for a paycheck (look at what happened to
$FUBO).
