Beyond Meat Is Beyond Overvalued

Beyond Meat priced its initial public offering at $25 and now the stock is up more than 200% in less than a week.  And while the S&P 500 closed down more than 1% yesterday, Beyond Meat closed the day up 6%

Beyond Meat, a maker of plant-based meat products is the new IT THING on Wall Street and sold at a supermarket and restaurant near you. 

Beyond Meat is also trailblazing a new secular movement away from animal protein.  Beef is loaded with saturated fat and many, many resources are needed to produce 1 lb of beef.  For example,   the total

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