BYND - Speculative Spike

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BYND - Speculative SpikeBeyond Meat, Inc.BATS:BYNDThePennyManBYND's short interest is HIGH right now. Fucking super high, how high is it? We'll due to public short interest data being a month delayed we don't really know as the last official data was from October 15th. HOWEVER, BYND's short volume nearly MATCHED SHARE FLOAT! On October 22nd when that massive spike happened, shorts went CRAZY. Overall bears have this in the bag, BYND is a shit company that's somehow managed to lose money year over year over year. Feel like you actually had to try to be as unsuccessful as this company was with all the strategic fast food partnerships they had. But tbh I don't know the full intricacies of fast food. However, I do know a scare spike building when I see it, just like when you're long, when you're short there's often a first response to form a lower high that confirms the downtrend. 3 Key VWAP levels all coinjoin nearly at the same price - $2.75, despite having different time periods and different starting price points. Volume has a peaked interest at this level, and therefore we'll likely see it again. Likely will come in the form of a mini-short squeeze. I rarely play with options, but I did decide to scoop some $1.50 weekly calls. Likely won't end up well for me but who knows. Not based off of EWT so no serious wave-count confidence.