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Beyond Meat, Pot

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

One company that hardly anyone had ever heard of in April but is the talk of the town today is, of course, Beyond Meat.

The company only debuted on May 2nd, yet it is already up 600% from its offering price. It has, in my opinion, and awesome name, a great story, and immediate appeal. You could probably convince a stranger in an elevator to buy the stock before you got to your floor. It’s the ultimate “story stock”, and it has the volume to back up that notion.

I’ve got another red-hot IPO to share with you, which likewise has a terrific story behind it. Hundreds of percent gains! Whoopee!

And VOLUME!

You guessed it………..Frank Stallone. No, no. it’s Tilray. I’ve helpfully circled in red precisely the point when volume peaked and everyone wanted to get in on those sweet, sweet marijuana profits.

Beyond Meat could be the next Amazon. Or the next Tilray. Just so little history behind it, it’s dangerous to assume either one.

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