PTON - Peloton Drops 23+ After Hours

And probably many more who are crying.

 

Glad to see it. I was sick of their annoying commercials anyway.

 

now it is 56.

This is a good example where lousy / foolish species will be eliminated.
and smart hardworking species will be laughing all the way to the bank.

I am sure those PTON Board of directors/chairman/CEO will be fired.

 

https://finance.yahoo.com/news/peloton-stock-is-crashing-is-it-time-to-go-all-in-171349467.html


Time to go all in?

 

can anybody compare PTON to Planet Fitness?

 

yes.
It was time to go all-in and short it a few weeks / months ago.
Now it is time to take some profits.

 

one is going north.
the other is going south.

one CEO will be promoted.
the other will be demoted.

 

Huge difference.

 

Here's a chart. It's thumbnail so click on it to enlarge.

 

Peloton stock’s pain is the mirror opposite of Planet Fitness’ gain (msn.com)

One less Billionaire

Peloton CEO No Longer a Billionaire as Bike-Maker Plunges (yahoo.com)