Corporate Deathwatch: Is Beyond Meat next?

And how much exercise are you getting?

That is the other side of the equation you’re leaving out.

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I like it fresh, partly cooked, or soggy…LOL

The fact that they are a meme stock and have been for years is “sign of the times.”

Here’s a partial list of companies that
ran at a loss both during the pandemic and after the pandemic together with how they did in the market today (Good times and bad they don’t make a profit, they survive by consuming their own assets.)

Investors are STILL throwing money at them. This is a sure sign that there is still a lot of helicopter money leftover and that whatever “health” we might see in the economy today is a Fed illusion.

These are their single-day stock price increases, not Y-oY, single day.

Push Day:

Bench press, 5 reps @ 225lbs
Inclined bench press, 5 reps @ 135lbs
Squats, 5 reps @ 135lbs
Air squats, 5 reps, no weights
Calf raises, 10 reps, no weights

3 minute rest
Repeat
3 minute rest
Repeat

Pull Day:

Pull-ups, 4 reps, bar in front of face
Hamstring curls, 5 reps @ 90lbs
Chin-ups, 4 reps
Frankensteins, 20 steps

3 minute rest
Repeat (bar behind neck for pull-ups)
3 minute rest
Repeat (bar in front of face for pull-ups)

Schedule:

Monday - Push Day
Tuesday - Pull Day
Wednesday - Rest
Thursday - Push Day
Friday - Pull Day
Saturday - Rest
Sunday - Rest

7-8 weeks on, 1 week off
Every July and December - 2 weeks off

Well, thankfully no one was hurt

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image

Its interesting to see how some companies can survive without being profitable. Look at Amazon who convinced investors to stay with them year after year without turning a profit until recently. Though of course they benefitted greatly from the pandemic.

Everyone knows why Gamestop share price became inflated but despite predictions going back years about their demise they still survive.

It definitely is interesting to see companies like that, although, in many cases it is often easy to see why some companies failed.

  • Some have crazy-incompetent management
  • Some are crazy ideas to begin with,
  • Some are not crazy but just very poor bets and very very unlikely to survive (or get star up capital) except in an era when the Fed is spraying a firehose of free money in the economy.

You probably know this but, imagine two scenarios

  1. Congress initiates a $5t stimulus package, the $5t is first taken out of the economy via taxes or new bonds sold to the public
    -or-
  2. Congress initiates a $5t stimulus package, the $5t is created out of thin air in a multi-step process where the Fed issues $5t in new currency and simply adds the $5t to its balance sheet (so zero money came out of the economy.)

Clearly, in the second case that $5t is going to create all sorts of new economic activity, including businesses, that will not survive once the firehose of new cash is turned off.

  • In the second case it is not that “investors funded Amazon but didn’t fund some other company.”
  • The more appropriate lense to use is"You can’t have six supermarket sin this town forever. Once the free money goes away, 4 of them will fail."
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In more direct answer to your question,
the dot.com era was crazy,
today’s free money era is even crazier.

Impossible Foods is laying off 20% of its workforce.

Whether the fad was “low-fat meat alternatives” or
“Money is free so I don’t mind double-high prices.”
the fad is over.

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.
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Gaffigan nailed it when he said nobody is asking for tofu flavored meat.

Tofu is popular in countries/cultures where

  • it sells for less than meat
  • it is not marketed as “tastes like meat”
  • it is a stand alone ingredient (spicy tofu, tofu salad, tofu noodles, tofu and scallions, etc.)

It fails every time someone says

  • “Buy my over-priced imitation meat. It tastes like meat for twice the price.”

Go figure

I hope they go completely out of business for disrespecting real food like that.

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I saw an ingredients list for 3 foods. One used impossible meat. Number two was Beyond Meat, and the 3rd was vegan dog food. The three were impossible to distinguish from eachother. But you were asked to pick the dog food. I guessed wrong.

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I have tried these meat alternatives at home and something tastes off. I like pretty much anything but these have a weird consistency to them.

I need to try Burger Kings impossible burger to see if all the extra gubbins and lashings of salt makes a difference. LOl then why not just have a whopper.

These have never become popular in any country.
Not even in countries here they eat a lot of tofu.

Obviously the mushy squares are sometimes eaten in tofu-eating countries, but not much even there. Even there, mushy cubes are not among top 5 ways.

Where tofu catches on, (and it often does)
it is sold like this.

It is treated like noodles or treated like chicken breast.
It is never treated like hamburger, sausage, hot dog etc. . . . and seldom treated like a mushy cube.
image

Zero chance I try an impossible burger. The regular whopper is one of the more disgusting burgers I’ve ever had. I always knew burger King was always trash, but after about 30 years I wanted to give them another try. Took one bite and threw it in the garbage. Who slathers their burger in mayo without forewarning? I’ve never seen that before. What a disgusting burger. Pure trash. No way I’m eating their Frankenstein burger.

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:100:

When will people learn that there is nothing “new” to discover with regards to healthy eating?

American natives never evolved to digest lactose. Humans drinking animal milk hasn’t been a thing long enough for everyone to have evolutionarily gained this function.

I wasn’t gifted with the requisites for cereals and grains. I have one of the three genetic indicators of celiac “disease”.

It’s the past that holds the answers to your nutritional needs. What did your ancestors eat?