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Investing Strategies. What is your move?
- Thread starter PimTac
- Start date
Todays woodshed participant is Beyond Meat. BYND.
Today their shares dropped 13.8% on a bad first quarter report and are off over 20% after hours as investors digest the horrible earnings numbers. ( pun intended)
Reality check for the fake meat industry.
https://www.cnbc.com/2022/05/11/beyond-meat-bynd-q1-2022-earnings.html
Today their shares dropped 13.8% on a bad first quarter report and are off over 20% after hours as investors digest the horrible earnings numbers. ( pun intended)
Reality check for the fake meat industry.
https://www.cnbc.com/2022/05/11/beyond-meat-bynd-q1-2022-earnings.html
Ever hear of a falling knife? Not something to try and catch.
Dollar cost averaging is good though.
What are you buying ?
Josh Brown and Cramer were both pushing Dutch Bro's coffee a month ago, it's down about 40% today. The U.S. backed out of their multi Billion barrel of Oil blanket bid contract today.
Where do I get the money to "buy"? I've lost 30%. Do I sell my stocks and buy some more?
Updated ShadowStats commentary on the April CPI report.
“The ShadowStats Alternate CPI Annual Inflation Index level (1980 Base) broadly has been confirmed by the general movements of, and increases in the Price of Gold since President Nixon closed the Gold Window in 1971. That is reviewed and will be detailed anew in pending No. 1461. Designed to reverse the inflation-reduction methodological gimmicks of the early 1980s, and after, the headline ShadowStats Alternate Inflation Index in April 2022 eased backed to 16.5% year-to-year, from 16.8% in March 2022, on top of the underlying headline CPI-U decline, but up from 16.0% in February, 15.6% in January, 15.1% in December 2021 and 14.9% in November, with the headline April inflation at its strongest reading since 17.6% in the traditional CPI of June of 1947, other than for the previous March 2022 headline, topping an interim peak of 14.8% in March of 1980”
So, a slight ease back to 16.5%. Still much higher than the 8.3% official number and much more believable.
“The ShadowStats Alternate CPI Annual Inflation Index level (1980 Base) broadly has been confirmed by the general movements of, and increases in the Price of Gold since President Nixon closed the Gold Window in 1971. That is reviewed and will be detailed anew in pending No. 1461. Designed to reverse the inflation-reduction methodological gimmicks of the early 1980s, and after, the headline ShadowStats Alternate Inflation Index in April 2022 eased backed to 16.5% year-to-year, from 16.8% in March 2022, on top of the underlying headline CPI-U decline, but up from 16.0% in February, 15.6% in January, 15.1% in December 2021 and 14.9% in November, with the headline April inflation at its strongest reading since 17.6% in the traditional CPI of June of 1947, other than for the previous March 2022 headline, topping an interim peak of 14.8% in March of 1980”
So, a slight ease back to 16.5%. Still much higher than the 8.3% official number and much more believable.
I always was cautious about Beyond meat. All the hype but I ALWAYS see their products in the super markets, never out of stock and the sell by dates getting old. at its IPO 3 years ago it was $65 a share 4 months later $195 a share, dove down to $50 sometime later and came close to $190 2 times in 2020, since then its been going down. Right now $22.
I sort of very loosely followed it because my wife was interested. She does pretty good managing her 401k by herself, I never voice any opinion.
Call me crazy but except for some people the hype that the public would favor make believe beef over real beef didnt sit well with me.
More so because its a frankenbrew of stuff that might be more dangerous than the beef.
Cool post, I had no idea it was this low.
Speculation has consequences both good and bad. I never liked this one and my thoughts of Tesla in the present day are a lot the same, doesnt mean Tesla will be bad but I cant help wonder where they go from here as every auto manufacturer starts producing Tesla type battery cars and also electronics manufacturers might jump into the game (think Apple). The cost to enter the field I would think much lower than fossil fuel vehicles.
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In simple terms I think it comes down to pricing on these meatless products. Compare the cost of a BM patty pack to a package of ground beef. Only the fervent vegetarians are buying this stuff regularly. I see the same for vegetable pizza. A cauliflower pizza costs twice the price for a smaller size to boot. Meanwhile one can get a Freschetta spinach and mushroom pizza for a whole lot less. I actually like this one too.
I wonder what the sales figures are for the BM burgers at the fast food chains that do sell it?
Wow, that's a great thought and I am sure the information is out there someplace.
Percent compared to beef.
Another sign will be if the big chains keep selling the product. But in this case they may because some look at the product as planet friendly and corporations are scared to death to be looked at otherwise.
Going to cash right now and only losing 30% is much better than 50-60% loss later this year as interest rates keep increasing and recession gets worse. At your age as you are nearing retirement you have to be very cautious with nest egg.
Soooo much bad news on the horizon and headed our way. As a GA private pilot you monitor your weather radar. If you see a line of bad stormy weather, with lightening and hail ahead of your Cardinal, you have to divert around it. It would be crazy to ignore all the warning signs and flashing red lights on instrument panel.
You don’t tell your passengers to tighten their seatbelts and hold on while trying to fly through the storm.
If i we’re you I’d want to have that cash on the sidelines. Things are starting to get bad.
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Beyond Meat is dependent on vegetable matter, that is, crops, to make its products. Everyone expects farm yields for crops to take a hit this year because of the fertilizer shortage and price increases and other inflation affecting farmers.
I don’t see a recession coming, all I see is such strong demand for products that factories and infrastructure cannot deliver them fast enough to the consumer in this post Covid world.
I’m not worried about a recession, until the day that I see car dealers stocked up with so many cars that they can’t sell enough to get them off the lots. Right now they can’t sell them because they don’t have any to sell.
The same goes for groceries products all around the globe there’s a shortage of everything not a surplus.
That means people have money to spend and the only reason they can’t spend the money is the products are out of stock.
I’m not worried about a recession, until the day that I see car dealers stocked up with so many cars that they can’t sell enough to get them off the lots. Right now they can’t sell them because they don’t have any to sell.
The same goes for groceries products all around the globe there’s a shortage of everything not a surplus.
That means people have money to spend and the only reason they can’t spend the money is the products are out of stock.
We will find out in a few months. Folks are curbing their non necessary spending cause everything they need is going up in price. Higher credit card balances across all income brackets doesn’t necessarily mean a healthy economy.
The gas tank now costs $40 to fill up that was previously $25.….. the shopping cart at grocery store is now $100 that used to cost $70.
Does the family of 5 cancel their vacation trip to Disney this summer because airfare, hotel, car rental and restaurants has gone up substantially ?
Is that vacation to Central Florida really a necessity ?
https://www.cnbc.com/2022/05/12/us-...ercent-in-april-flights-got-even-pricier.html
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There might be a Crypto rug pull very soon.
The technical description of a recession is two consecutive quarters of negative GDP of which we already have the first quarter of 2022 in the books as such. But that is meat for the financial media. These numbers come out of the same minds that say inflation is only 8%.
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