Dual Thumpers
Well, Beyond Meat is bouncing (figuratively and, I suspect, literally) but my view is that the uptrend is broken. I suspect we’ve seen an important peak. I still wouldn’t touch it with a ten-foot pole made entirely of tofu.
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I covered my McDermott short for over a 40% profit. I’ll probably regret it as another hasty decision.
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Disclosure: None.