Peloton Interactive Inc
$0.11 (0.44%) Today
52 Week High
52 Week Low
7 Days Mentions
$PTON CONSPIRACY $1.87 billion Sold short today alone, in the wake of wildly popular television characters dying on peloton and CNBC making false claims about a complete cease of production. Seems like the big boys are trying to pick on peloton this time around. Time to buy and hold 💎 🖐 🚀
Both $PTON & $ONEM are down +35% the past month. $PTON had a "month from hell" with layoffs, cutting production, price hikes and recalls. $ONEM no news and is hybrid in-person/telemedicine company in the midst of the pandemic. Both are subscription based and cost about $15/month. WTF!?!?
Predictions for max retail retard carnage: Wed Morning - Stocks increase, baiting puts Afternoon - Fed, not extra hawkish, pumps market, puts fucked. More TSLA puts bought. Evening - Tesla beats earnings, Elon spouts more autistic, futurism bullshit Thursday Morning - TSLA moons, market follows, puts fucked Afternoon - Calls bought. WSB apes heard saying, "SPCE and PTON are great buys rn', 'bEaRs R fUk', '🚀'. Evening - stable Friday or Monday Morning - Everything tanks pre-market. 'bUy ThE DiP!!' Afternoon - WSJ, "Stocks Plummet"
Name another stock in the market with the momentum factors like TSLA. 50% of options volume is in Tesla every single day One of a kind CEO List goes on. Idgas enough to explain to you. You know the list. This is not SNOW or PTON. 300 is good and most important of all… it keeps dropping each quarter If you were actually intelligent you’d know forward PE is just 120 or so currently… will most likely be sub 100 by eod tomorrow 🧠
I have some $PTON calls at $30 that I should’ve sold yesterday for profit…except I get the sense that any rumor of a sale or the CEO leaving or even a collaboration with another company (maybe Netflix?) could shoot the price up. I have some calls ending this week and in April.
See my other comment reply re MSFT. UL I bought last week after that huge dip it had. Both are placeholders while the current drawback plays out. I'm watching a ton of stocks that I want to buy but won't just yet. SPCE and PTON for example. I can see both being out of business in 24 months or trading at 3-4x. But today's probably not the day to buy either.
I'm just a simple smooth-brained donkey like OP, but there a lot of differences. Peloton is closer to something like SoulCycle, which is $30+ PER CLASS. Your average joe 30/m gym likely doesn't include free classes in the price or doesn't have them at all, and even if they do, they're running on a schedule that you have to be on time for. PTON is both live and on-demand on your own schedule. The bear case against PTON isn't really the product, it's the management who might have the smoothest brains of them all.