The crypto and stock market have had their share of short squeezes in recent years. Simply put, it’s a bet inversion. In the stock market, investors place a short position when they bet that a company’s shares will decline because they are overvalued.
Although long traders come on top in these short squeeze breakouts, they also have to keep a sharp eye on how sustainable they are. After all, buying pressures can deflate as rapidly as they balloon. It turns out plant-based meat buyers don’t shy away from animal protein as well. And Beyond Meat products have been consistently more expensive than real meat. The Nasdaq analyst consensus on BYND stock continues to read “underperform.”
As of the latest showing in August, Fisker introduced a sub-$30k Pear SUV alongside the Ronin sports car, Alaska pickup truck, and Ocean SUV, coming at $37.5k for its cheapest Sport version. It also bears noticing that Fisker Inc. is the CEO’s second attempt at creating an EV company.
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