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Beyond Meat’s Retail-Fueled Spike Reverses as ‘Capybara Stocks’ Emerges

An online trader identified as Dimitri Semenikhin drew retail buyers with a thesis centered on a recent convertible-note exchange.

Overview

  • Beyond Meat shares jumped roughly 1,300% in four days before sliding hard, recently falling back below $3 after touching about $7.69.
  • Semenikhin, who posts as Capybara Stocks, revealed his identity after his videos went viral and he dismissed comparisons to GameStop’s Roaring Kitty.
  • He argued investors misread Beyond Meat’s debt-for-equity restructuring, a view that galvanized retail interest and options activity he later called an “options casino.”
  • Momentum was bolstered by the stock’s inclusion in Roundhill’s Meme Stock ETF, a Walmart distribution update, and what Benzinga reported as short interest above 60% of the float.
  • Semenikhin told Decrypt he realized about $9 million in profits and kept $1 million invested, claims Decrypt noted he did not verify with documentation.