Could it be now that we see this ponzi scheme collapse?

Beyond Meat, Net Income...
Q2 2019: -$9.4 million
Q1 2019: -$6.6 million
Q4 2018: -$7.4 million
Q3 2018: -$9.3 million
Q2 2018: -$7.4 million
Q1 2018: -$5.7 million
Q4 2017: -$7.0 million

Hu Hu Hu.

Beyond meat market capitalization (14B) places it above 30% of S&P500 companies.
Not overvalued at all. Scaaaaam. What idiots bought? Robinbros?

Beyond Ponzi just announced a secondary share offering of 3.45 million shares.

I wonder what could go wrong?

The GoPro experience (another CNBC favorite):




Reminds me of ripple also (aaaand another CNBC favorite), with founders (also early adopters still up 10,000% with the price down more than 90% from ath) just dumping since their ponzi made them billionaires.


I am eager to see the clowns that joyfully and aggressively bought get slapped in the face and learn a harsh lesson about reality.