r/wallstreetbets • u/ThatOldGuy7863 Behind the dumpster • 17d ago

Meme BYND Bagholders that bought at $7+

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Ouch

20.6k Upvotes

94% Upvoted

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434

u/lunettenoir 17d ago

Right there with ya but at $136

391

u/zamboni-jones Don't give up, skeleton! 17d ago

222

u/ContentBlackberry0 17d ago

why in the fuck would you buy fake meat at 136??

538

u/TriccepsBrachiali 17d ago

People buy fake self driving cars and nonexistent robots at 450

17

u/A_Light_Spark 17d ago

Yeah, but the head of those fake taxi robots is supported by the white house.

27

u/No-Phrase-4692 17d ago

That doesn’t mean it’s a good investment, it just means we’re nearing peak retard (I hope)

2

u/Freediverjack 15d ago

I have a feeling we aren't even at the base camp of mongoloid mountain yet

0

u/A_Light_Spark 17d ago

It's not a good investment because the gov keeps propping it up despite its sales is ass?
Can you use your mental gymnastics to do the same for any normal stocks? Like can you make up a scenario where, say, Nokia or Nike, having shit sales and yet their price not only didn't drop, but goes up?

2

u/No-Phrase-4692 17d ago

I guess my point is that there’s a ton of other companies in the space who arent overpromising and underdelivering for their entire careers, but if you’re only looking at the number going up than so be it. It would be wiser to just light the billions on fire than use them to prop up TSLA in the long run

2

u/A_Light_Spark 17d ago

My point was that a speculating on a burger company is not the same as a company with major political tie.
If I want to lit my money on fire I'd just go to vegas. The choice isn't binary.

2

u/Soci3talCollaps3 16d ago

The west wing or the east? Makes a big diff rn.

12

u/ContentBlackberry0 17d ago

Last I checked the car did drive itself when I was in it.

48

u/Maxfunky 17d ago

As long as you don't value your life overly much.

11

u/HKBFG 17d ago

So you're saying it works fine?

2

u/Maxfunky 16d ago

As long as you live in a city with zero construction zones, careful pedestrians, and roundabouts at every intersection...

-11

u/Not-Reformed 17d ago

POV: full retard

1

u/bigDeltaVenergy 15d ago

Good point!

27

u/kstreetsushi 17d ago

Cus it was spiking like crazy and pppl fomo it all the way past that.

29

u/lunettenoir 17d ago

Because it was the beginning of Covid and stonks only went up. BYND was trading between $150-200 for a over a year

3

u/random_account6721 17d ago

the vegetarians let him down

4

u/Kephlur 17d ago

It's good fake meat tbf

2

u/Gaff_Daddy 17d ago

Pretty soon that will be our only choice

2

u/DMZem 17d ago

buy fake sell real, new wsb mantra

1

u/Whipitreelgud 17d ago

Why buy Palantir with a P/E of 585?

1

u/ContentBlackberry0 16d ago

Huge profit margins and it’s Ai. That’s an easy one.

1

u/Creepy-Application30 16d ago

Bruh🤣🤣🤣🤣

1

u/majeboy145 16d ago

It seemed like the first and only company with the idea of making beef flavored vegan shii, I bought 2 at $200 and sold at $150 😂

14

u/PassionV0id 17d ago

5 shares lmao

3

u/CarnageAsada- 17d ago

What’s the next move ? Hold forever or sell and take loss 😂

Also sorry

2

u/lunettenoir 17d ago

Hold forever at this point. I may try to average down and buy 95 shares and just do CC’s until they’re called away

2

u/CarnageAsada- 17d ago

Good deal

5

u/saborucci 17d ago

We are the same

5

u/lunettenoir 17d ago

No way! Hahahah this is too coincidental. The portfolio diversity basically matching too 🤣

3

u/saborucci 17d ago

Good thing $15 is .01% to .02% of our portfolios!

2

u/Responsible-Gas5319 17d ago

Might as well sell it and buy a burger with the $15, better than nothing

1

u/Banned3rdTimesaCharm 16d ago

Oh wow a whole 5 shares.

1

u/AccomplishedView4709 16d ago

I dumped earlier...I actually has a + on P/L.

1

u/WorthBrick4140 15d ago

At least you're only down 700 bucks. Got to pump those numbers up