Beyond Meat, Inc. (BYND) Has 70% Upside Potential If It Follows Opendoor Technologies’ (OPEN) Path

Opendoor Technologies (OPEN) was trading at $0.51 per share on June 25th and skyrocketed to $10.52 by September 11th. This is one of the most puzzling but fascinating phenomena in modern markets. When a stock like Opendoor (OPEN) suddenly skyrockets by 2,000% in a short span (often days or weeks), it’s rarely due to fundamentals alone. These explosive moves usually reflect market structure dynamics, speculative behavior, and technical catalysts.

Many sub-$1 or low-float stocks get targeted by social media and momentum traders when there’s a “theme of the week.” A few viral posts on X/Reddit or a rumor  can bring in millions in day-trader volume. Since liquidity is thin, the price jumps massively with relatively little actual capital. Retail and algorithmic traders often buy short-dated call options. Market makers who sell those calls must hedge by buying the underlying stock as the price rises (to stay “delta neutral”). That hedging buying creates a feedback loop — as the stock rises, market makers must buy more, pushing it even higher. This “gamma squeeze” dynamic was behind moves in names like GME, AMC, and recently in OPEN.

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This week’s meme stock is Beyond Meat, Inc. (BYND). Beyond Meat stock closed at $0.52 per share on October 16th which was less than a week ago. Right now, BYND shares are changing hands at $6. A gain of 1200%. The volume in BYND shares already exceeded $4 billion in the first 30 minutes of trading. This means BYND’s meme trading frenzy is even bigger than OPEN’s frenzy. Actually, retail traders are probably dumping their OPEN shares and piling into BYND today.

If Beyond Meat, Inc. (BYND) follows OPEN’s price path, its shares will start trading above $10 in the coming days and weeks. OPEN took more than 2 months to deliver a 2000% gain. BYND is on track to achieve the same madness in a shorter time frame. George Soros famously said “When I see a bubble forming, I rush in to buy, adding fuel to the fire. That is not irrational“. So, I am going to do the same thing right after I hit the publish button. Buy Beyond Meat, Inc. (BYND) shares and sell it to another gambler who knows they shouldn’t be investing in a company that is on the verge of failing.

BYND is not on our list of the 30 Most Popular Stocks Among Hedge Funds. BYND may be a great stock to get an adrenaline boost, but it isn’t a good long-term investment. We believe certain AI stocks offer greater upside potential and carry less downside risk. If you are looking for an AI stock that is more promising than BYND and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.