BYND Regsho Cash Cow Cycle
Posted: Jun 29, 2024
- Beyond Meat ($BYND) has a high short interest of 39%+ - Regsho is a rule where securities with high fails to settle can be added to a list, making it hard to short - After 13 trading days, shorts are forced to cover their positions, leading to price increases - BYND has historically experienced price increases after being on regsho - Current position: 8c July 19th , 9c July 19th, 10c Aug16th, 12c Aug16th - BYND is currently on regsho, may see price increases as shorts cover their obligations - Not financial advice, but a potential cash cow cycle.
🚨 Reddit sentiment: mixed/positive - While there are mixed comments, the majority indicate purchases or interest in buying despite confusion, leaning towards bullish sentiment. Summarized comments: - Many users are discussing confusion about understanding the post but still buying in - Users expect significant movement by mid-July - Some comments mention purchasing calls or placing orders - There is a mix between logical consideration and impulsive buying - Engagement includes curiosity about company management Stock tickers discussed: $BYND
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