Beyond Meat BYND - Keep or buy more
Almost two months ago I had started eating an almost vegetarian diet for health reasons. Because of this I started to stake out options at restaurants and fast food places that had no-meat options and encountered the A& W Beyond meat burger which was just awesome.
When I heard they were going to offer an IPO it got me interested and got on my radar and I made a bit for 10 shares on their first day which got cancelled because only US was able to buy shares that day.
I again tried the next day but because the share price had doubled only bought five at 72.00 each.
The shares have gone up in value a fair amount since then and I'm just interested in what others here think this company's possibilities are.
There are many other bigger companies as their competition, but because Beyond Meat did this first, is there any advantage in this.
Is buying more shares attractive even after the shares have shot up so much
When I heard they were going to offer an IPO it got me interested and got on my radar and I made a bit for 10 shares on their first day which got cancelled because only US was able to buy shares that day.
I again tried the next day but because the share price had doubled only bought five at 72.00 each.
The shares have gone up in value a fair amount since then and I'm just interested in what others here think this company's possibilities are.
There are many other bigger companies as their competition, but because Beyond Meat did this first, is there any advantage in this.
Is buying more shares attractive even after the shares have shot up so much
Last edited by gogoblender on Aug 26th, 2019 6:30 pm, edited 5 times in total.