PTON wtf

[JackMorgan]

how low iq were the longs paying triple digits for this junk

efficient market ?

 

[JackMorgan]

classic sucker rallies I teach how to make bank on

still waiting for an update on the 11.60 buy

 

[JackMorgan]

funny, my trades always win , so i dont ever have to update shit. why post a trade then leave everyone hanging on a big loss ?

guess no one even looking , thats the good news

 

[JackMorgan]

yes the market is mentally ill

 

[JackMorgan]

not a reco, ill buy if it gets > 11.6
View attachment 293195

thats it ? one tout , and done ? do we hold this epic play or take the loss ?

 

[KCalhoun]

I was in and out small size daytrades, mostly small stops

 

[GotherL]

That is typical of PTON. Lots of crap going on with that ticker. Not too long ago they were spreading a fake buyout rumor. (Think it was with AAPL, NKE & some other big shot company.)

 

[GoldDigger]

Most days PTON doesn't even have a $1.00 spread.

It went up the past two days because of news but
it's still not worth it. Motley Fool says investing is
a mistake and all the other news is negative.

It is not worth the bother as there are too many
other great stocks right now.

 

[treeman]

To zero, likely. This is one that doesn’t make it out of the downturn. Old leaders never to be seen again. Pour one out for dear old Sun Microsystems.

 

[zdreg]

Even Michael Dell can make a poor investment. I recall he invested in the low 20's.
Peloton Founder Sells $50 Million of Stock to Michael Dell-Backed Investment Firm
By
Lina Saigol
Updated March 3, 2022 9:35 am ET / Original March 3, 2022 5:22 am ET

• Order Reprints
• Print Article

Peloton Interactive co-founder and ex-chief executive, John Foley, has sold about $50 million of stock in the connected-fitness company to MSD Partners, an investment firm backed by Michael Dell, the founder of Dell Technologies

The sale involved 1.92 million shares, according to a regulatory filing Wednesday.