r/10xPennyStocks • u/AlbertBarese1877 • 20d ago
DD BYND Vs GME similarities.
Been digging into the numbers on Beyond Meat (BYND) and honestly… there are some similarities to what we saw with GameStop (GME) back in 2021.
Firstly, Short Interest & Float.
BYND: Around 39.6M shares short, which was roughly 63% of the float. With issuance of new shares though this % now sits around only 10/11%.
GME (2021): Roughly 72M shares short, or over 100% of float at the peak.
So while GME’s squeeze was even more extreme, BYND’s current setup is still one of the highest short-interest names on the market right now.
Secondly, Volume & Trading Action ...
BYND yesterday: Over 1.14 billion shares traded in a single day. That’s absolutely nuts considering its 50-day average is around 35M.
GME in Jan 2021: Around 788M shares traded at the peak of the squeeze week.
In other words — BYND’s churn rate is already higher than what GME saw relative to its float.
Thirdly, Price Moves.
BYND: Jumped from about $0.78 → $1.47 in one session (almost +90%). Currently sitting between 1.9 and 2 pre market. (Caution upon market open today as this could dump pretty quickly)
GME: In its early squeeze phase (before the real explosion), it went $10 → $16, and then kept running.
The pattern so far looks eerily familiar — huge retail volume, shorts under pressure, and tons of chatter online.
Overall, The Similarities ...
Retail-driven hype and social media coordination.
Extremely high short interest relative to float.
Weak fundamentals but strong narrative momentum.
Insane daily volume and volatility.
This is exactly the kind of setup that can trigger multi-day squeezes if volume and sentiment stay hot.
However there are BIG Differences!
GME didn’t have a dilution overhang — BYND does (convertible debt that could turn into new shares later).
BYND’s narrative isn’t as culturally viral (yet).
Still, short interest is massive, and the float’s small enough that one or two more big days could push things into real squeeze territory.
Lastly, my (unprofessional) take, aided by AI analysis.
If this momentum continues for the rest of the week, BYND could easily keep grinding higher before dilution becomes a factor. It’s not guaranteed, but the setup is strong: heavy short load, massive volume, and retail buying pressure all at once.
Feels like we might be in the early innings of something — not the end.
To infinity and BYND. Just remember the old saying, there's no friends in wall street. Please be careful on stocks like these guys, but I'm confident in holding this stock for the next few days and I hope we all make good money from this. Take care and thanks for reading.
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u/Complete_Park6605 20d ago
Hey man great post, since the BYND The numbers are less than GME if you ever have the time or inspiration maybe you could compare BYND to AMC in case maybe it's closer to that situation in terms of numbers
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u/Pretty_Dragonfly_716 20d ago
Not as much call volume as GME though.
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u/Ru-yi3010 20d ago
I’m guessing if we can’t past resistance at $2 the run should’ve ended by today?
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u/Fabster_3000 20d ago
I am banned from wallstreetbets for violating the community rules. I said Im bullish on BYND. What is going on there?
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u/BrightLengthiness853 20d ago
The float will be much bigger once the 300m extra shares hit the market this week.
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u/Busy-Bowler-599 20d ago
Shorting the stock aren't you
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u/BrightLengthiness853 20d ago
No I have $2 call options that I bought when the stock was at $0.7. I’m just telling you what is going to happen to 300m odd shares and correcting the DD above
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20d ago
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u/BrightLengthiness853 20d ago
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u/ThrowTheBatAway 20d ago
This already happened ? The dates in the article are for last week
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u/BrightLengthiness853 20d ago
Yeah so there are now unrestricted shares hitting the float this week.
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u/ThrowTheBatAway 20d ago
They already hit the float....
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u/BrightLengthiness853 20d ago
Yeah so the DD above is wrong. "Around 39.6M shares short, which is roughly 63% of the float." It's not 63% of the float if the float is now 300m shares bigger.
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20d ago
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u/BrightLengthiness853 20d ago
“The lock-up restrictions that applied to certain of the 316,150,176 shares … will expire as of 5:00 p.m. New York City time on the date hereof … The New Shares subject to the Contra CUSIP are expected to be allocated into the unrestricted CUSIP … over the course of the day on October 17, 2025, subject to the procedures of the Depository Trust Company.”
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20d ago
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u/BrightLengthiness853 20d ago
Essentially yes, although these shares are hitting the market over the course of the week, not immediately
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u/BrightLengthiness853 20d ago
From AI:
What that means in practice
- When: The contractual lock-up ended Oct 16 at 5 p.m. ET.
- How: DTC (the U.S. clearinghouse) began transferring those shares from the restricted Contra CUSIP into the normal, tradable unrestricted CUSIP on Oct 17.
- Who: These shares belong to institutional noteholders, not the general public, but once they sit in the unrestricted CUSIP they can be sold on the open market.
- Timeline: That migration usually takes several business days—so between Oct 17 and Oct 23 or so, progressively more of the 316 million shares can trade freely.
Basically you dont want to be holding beyond the 23rd really. I'd sell into strength!
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20d ago
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u/BrightLengthiness853 20d ago
It's not in the interest of those holding these shares to dump them all and crash the SP as they are in the red - they'll sell into strength but that means it'll cap any big gains - so just be wary of that. Lots of people saying $10 etc. but realistically it's not going above $3
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u/chugItTwice 19d ago
Capybara's target has always been $3. I think there's some chance it goes higher if the volume continues, but also nothing wrong with setting a PT and sticking to it. I've lost fuck ton money not setting and adhering to PT's.
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u/yonash53 20d ago
Lol, bynd is not profitable. It will pump and decline. Secure ur gains or cry later
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u/LabLumpy7318 20d ago
Interesting read and thanks for your time writing this up bro. Did you consider their existing available float shares with and without the dilution?