Beyond Meat IPO and first day trade on the NASDAQ today

[Value Buy]

BOTTOM!

[djAdvocate]

yeah.  so, as i said before, i LOVE this company.  they make a superior product in this sector.  it is far better than Impossible, imo.

so, the question becomes twofold:

will they survive AND will something else come along?

i don't know the answer to either.  they are on what i call the "amazon trajectory".  the bigger their sales, the higher COGS, the larger the losses.  so, this is a really bad trajectory.  and it HAS to end, because it is a business destroyer.

will something come along?  yes.  "GROWN" meat.
meat will eventually be grown in labs and then in production.
this will be a game changer, and it is already being done.
so, that is what is coming.

of course, the uncertainty with that is if people will adapt to grown meat.
i have no idea.  i find the idea particularly displeasing at a visceral level.
but LOGICALLY, i think it is vastly superior to raising animals for slaughter
at every level.

so, i have reached the conclusion that i am not prepared to take this ride.
i was never ready.  never owned this stock.  but i have thought about it almost daily for a long time.