|From: luvb2b (Rep: 2098)||Date: 02/13/2020 13:36|
|Forum: Beyond Meat - Msg #584||Thread #674123063 (Rec: 0) |
|imo likely to fall into the same stupidity as tesla. the growth rates are such that with a quarter of gaap profit behind them they could easily report another, and then s&p 500 index inclusion would likely be another quarter away. it sort of depends on the market cap but i think north of $8b capitalization it will qualify (currently right around 7.5b). and there's a heavily shorted 65m share float to take into the index, albeit at a much smaller weighting than tesla.|
"There are those who market trades, and there are those who trade markets.
There are those who follow marketers, and those who follow markets.
The marketers feast on their followers; the traders feast on the markets." -luvb2b
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