...Beyond Meat is another example of why sometimes it is better to take the early multi-bags while the company impresses the market with its revolutionary growth prospects based on its value proposition but not waiting long enough to know the 'score'-the score as it turned out not to be as easy market adoption as it had hoped and projected for.
...in hindsight it was a Dog but in 2020 it was perceived as highly prospective, with even cattle farmers expressing concern and outrage that they could call it 'meat'.
...Buy and Hold waiting to know the score thinking it would be the new meat that can conquer the world can turn out to be risky. Now down just over -92% over 5 years, it is trading at just about 1x revenues circa $400mil, but has never been profitable, with stagnated revenues and widening losses.