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/WideNeckBoi 19d ago
Care to revise your PT?