The lock up period was 180 days on BYND.khkman22 said:
So what happens to BYND's newly issued shares if the issue price is higher than the current stock price? Does the company hold them as issued but not outstanding as if they had done a share buyback program?
And have the current shareholder's started selling their shares, or do they have to wait until at least 8/1?
Ah... I didn't actually read the secondary offering terms and I've never really followed a company like this into it.Prognightmare said:
You're correct. The secondary offering does free up the original buyers to sell their stock.
Guess I should of looked back a few posts before posting lolPrognightmare said:I was about to post this too. RIG & WLL also waking up. Lower rates help them but I wonder if the EIA number due tomorrow leaked out.ryanhnc10 said:
Lots of major reversals (finally) in the o&g sector. CHK, RIG, SWN, CPE, etc all reversing hard
The thing that gets me about BYND is the difference between the market perception of the product and what it actually is. Yes, its a tasty vegetarian meat substitute, but that thing is more processed than the cheapest hot dog.IrishTxAggie said:Tyson had a minority share in them up until a couple weeks before the IPO. Tyson has all of their tech in-hand already and Tyson can outspend them to put them down if they so wish.mrad85 said:If Beyond wasn't so overpriced and overvalued, I could see Tyson buying them out at some point.IrishTxAggie said:
What I'm really waiting for is the first incident of a food bacteria illness from this stuff. Because it will happen.
That ship has sailed at least for the immediate future.
I think Tyson's blended product is a good intro for them to start putting pressure on the all-veg or lab grown stuff. Tyson can use byproduct to make their blended stuff, which can be a huge cost saver. I think there is a lot of "lets try this stuff out" going on right now and once that settles, it will hurt those companies. Most consumer reviews don't paint all that great of a picture and if you look at the nutritional values, a lot aren't any better than livestock protein.
Less than 2% in the USA.foleyt said:
Yeah I don't get it. Are there that many vegetarians? I just can't believe there's a market for this stuff.
I'm not sure. Something has to be up when RIG is up 11.3% for the day and CHK is up almost 10%.what say you said:
Y'all think this reversal will last or is just a short term bump ?
Hope it shoots up from a rate cut. I'm expecting it basically goes a little higher than if no tweets had ever been made by Trump this week ~302.5 ish on SPY.Prognightmare said:
AAPL beat, we should have a good open tomorrow morning. Then it will be all Fed watch.
IrishTxAggie said:Less than 2% in the USA.foleyt said:
Yeah I don't get it. Are there that many vegetarians? I just can't believe there's a market for this stuff.
doubt it.leoj said:IrishTxAggie said:Less than 2% in the USA.foleyt said:
Yeah I don't get it. Are there that many vegetarians? I just can't believe there's a market for this stuff.
It will keep increasing with younger people as climate change continues to be a more important issue.
fireworks to the upside. The gift that keeps giving.diablo loco said:
I'm curious to see ENPH earnings this afternoon. may see some fireworks.
Amen, and pulled pork smoked low and slow!Prognightmare said:
My parents own cows. Let the climate change zealots eat fake meat and bugs. I'll stay with ribeyes and brisket.
i doubt that the ideology of climate change will cause a significant shift in how humanity consumes its protein.leoj said:
You doubt it will increase over 2%? It's not that hard to do. Also it doesn't have to be 100% of someone's diet either.
I am definitely not thinking that vegetarian consumption will go anywhere close to livestock, but just look at what has happened with non-dairy milk options. I don't see why the same thing couldn't happen with meat.
