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Why You Should Never Short Tofu

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

I like shorting stuff, but there’s one item I wouldn’t short with a ten-foot pole made entirely of tofu, and that is Beyond Meat:

Liquidity moves markets!

Follow the money. Find the profits! 

Let’s see what we have here:

  • A stock at lifetime highs;
  • Not only that, it is poised to break out above its saucer;
  • About 45% of the entire float is short;
  • The borrow rate is about 150%

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