Valuation be damned. Trade the price action. I'm watching for a breakout over 92.50 to squeeze shorts into covering higher. I'm long 6/21 calls. The action reminds me of Tilray last year before it squeezed out towards 300. While I don't think BYND will go to 300, 120-150 range is possible if shorts get stuck. Yes, it'll eventually fade off as Tilray did, but for now, don't fight the trend. 92.50 is aligning both on the daily chart and zoomed in time-frames as well. Keep an eye on it this week.