Hello there,
I am a GME ape,
watched BYND and its community as well as the public opposition for quite a while now and noticed a few things.
You guys are true regards in a good way, you seem to not give a damn and buy more, which builds the fundament besides a huge short interest, to enforce shorts to squeeze, obviously..
Also, the current management of the company seems on trying to survive due to new improved and innovative products [announcements], they also made it possible to apply dilution and or a reverse split.
With regards to this, I want to state at this point, that Gamestop did so too and sucessfully reduced their overall debts. The question is what the current management is willing to do and especially WHEN!
For current circumstances, it is important to know these few points:
- there are alot of FUD shills in here
- there are big guys shorting this stock
- BYND has new products
- BYND has huge debt
- BYND is in a vague position i.e delisting from NASDAQ
- BYND HOLD THE POTENTIAL TO A MASSIVE SHORT SQUEEZE
At this point, its on YOU to improve the probabilities by researching for the goals of management, by educating yourselfs about the financial vehicles which can be used to PUSH a PRICE in a certain direction, detecting what is applied and how to act accordingly, which is btw common practice for hedgefunds and similar institutions, as well as evaluating the markets and conditions for BYND AND THE OPPOSITION.
I give one important example: routing trades.
You can, yes YOU, you can route a trade through different "paths", i.e you can route it through some lit exchanges like IEX or Nasdaq, which results in a price impact on the chart.
What you can do is: route through choosen exchanges like IEX.
What you can't do is: route through dark pools.
Please note, that PFOF (payment for order flow) is what dictates how its routed if you do not specify how it's being routed.
You can also DRS your shares through for eg IBKR to actually OWN your shares in your name, and not "street name".
This is important because it builds up pressure for anyone huge enough to abuse certain shorting techniques, because there will be less shares accessible for borrowing, which is needed for shorting in the first place (except naked shorts but thats another more complex and very very very important topic).
What I want you to know is, that there is very much potential for a short squeeze, but its also on you and how you act. Do you route your shares? Do you know what the management wants and potentially when? Do you DRS your shares and or disable share lending?
Is this community ready to educate themselves about shorting techniques and how to counteract? Is it possible to know which instances are shorting this stock?
Because if one thing creates fear in the opposition is a well educated enemy.
Best regards,
zet0
here are some sources and a whistle blower talking about naked shorting,
dont hate me for wrong grammar as I am lazy and english is not my first lang
whistle blower:
https://www.youtube.com/watch?v=i-tKiiHWGk
social media tactics and naked shorting:
https://www.youtube.com/watch?v=VmxbxolNbTg
show regarding gamestop and kenneth cordele griffin:
https://www.youtube.com/watch?v=bP74RBTE8kI