Is anyone riding the meme wave on Beyond Meat $BYND? I made about 40% on it yesterday, but before the market closed I sold out and took the profit... But from what I can see, after the close the rally kept going and today it's being written about everywhere, so I think a lot more people will jump in before it ends...
What do you think — do you stay away from meme stocks or try to take profits?
Yesterday I bought at $3.50 and sold today at $7. Not complaining :) but a pretty decent gamble 👍🏻
I wasn't holding and I missed it. I only saw those big daily gains on Yahoo :). It'll pass soon, although the business idea and the sector themselves are interesting.
It's speculation and this is just a short-lived rise. There's a good chance it'll fall again.
That was more of a gamble, wasn't it? The real meme is SOFI :) $BYND just passed me by :)