$RKTO climbing back up ๐
๐น Low-float aerospace and defense technology play gaining traction again ๐
๐น Focused on satellite communications, aerospace engineering, and next-generation space technologies ๐
๐น Small share structure means momentum can accelerate quickly when volume enters the name ๐ฅ
๐น Growing investor interest across the space sector as government and commercial satellite spending continues to expand ๐ฐ๏ธ
๐น Former runners in the space sector have shown how explosive low-float names can become when traders pile in ๐
Space + defense + low float is a combination the market loves when momentum returns.
Educational content only. Consult a financial professional before trading.
$BYND From my perspective, the earnings were structurally much better than expected. Yes, revenue is still declining, but the key points are:
1) The cash burn: only $5M used in operations vs. $26M a year ago โ an 80% reduction.
2) With $205M in cash, that massively extends runway and reduces existential risk.
3) A company that was burning through cash at an alarming rate is now approaching a pace where survival is no longer the primary question.
That's the precondition for everything else.
The market is reacting mainly to the fact that these earnings were not a complete disaster. Combined with 83M volume yesterday, ~33% short interest and limited share availability, the current setup remains very interesting in my opinion.
And if news actually drops that BYND is in talks with the U.S. military or even makes the shortlist, that could become the catalyst the market is currently waiting for.
Like if you STILL believe $BYND .
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$BYND
Beyond Meat's Plant-based mince is now cheaper than beef, lamb or pork mince.
A trend which is set to continue.
โAs supply chains become increasingly volatile, the government should put plant-based options at the heart of its new food strategyโ
https://t.co/5bt8vpSKU5
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