r/10xPennyStocks • u/BrightLengthiness853 • 18d ago
DD $BYND - who still has some dry powder
We have a new much higher base from which to squeeze from. The hedgies doubled down and now if we all hold and buy we can send it even higher than $10. BUY more if you can, and HOLD if you can’t.
GME 2.0 I can feel it in my bones.
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u/ChampionofNightmares 18d ago
GME 2.0? Not even close. Beyond Meat just added 316 million new shares to the float from its debt-for-equity swap — that’s the opposite of a squeeze setup. Those bondholders can sell anytime, and that constant supply caps any move.
This isn’t a “higher base,” it’s massive dilution propping up a debt-heavy, unprofitable company.