π¨ $BYND: IBKR no longer reporting borrow availability.
No shares left to short? π
When supply disappears, things can get interesting fast. π₯π
#BYND#ShortSqueeze
$BYND @BeyondMeat ceo Ethan brown stated βwe are pleased to report significant operating expense improvement and our lowest quarterly cash use in over two years.β
This is a WIN
$BYND earnings were not perfect, but far better than the disaster many expected π
Revenue came in at $58.2M near guidance, while the real story was operational improvement:
Gross margin improved from -10.1% to +3.4%β¨Gross profit flipped from -$6.9M to +$2Mβ¨Net loss improved from -$61.1M to -$28.5Mβ¨Adjusted EBITDA improved from -$50.5M to -$27.8M
The company is still in turnaround mode, but the financial stabilization is becoming harder to ignore ππ₯π₯
$30+ππππππππππ
$BYND Earnings report:
Gross margin improved from -10.1% to +3.4% π
Net loss improved from -$61.1M to -$28.5Mβ¨Adjusted EBITDA improved from -$50.5M to -$27.8M
Operational improvements continue
stacking
This was more stabilization and turnaround progress than collapse
$30+
$BYND Institutions like Calamos recently acquired 3.4 mil shares.
Thatβs not random.
Real positioning is already in place.
Smart money doesnβt chase.
They position early.
Stay Patient.
The Squeeze will be violent and unforgiving.
$30+πππππππππ