PTON
- Thread starter KCalhoun
- Start date
It is all rumor/news thing. I see scavengers hovering on top of PTON. The question is that, with pandemic to the endemic, how much market is there for those expensive bikes with internet access. A lot people will prefer to the real gyms and get socialized with other people.
It is just odd that Amazon wants to buy PTON. I can see Nike has some interest. Do not know. I stay clear of dead thing(s). Too much risk.
It is just odd that Amazon wants to buy PTON. I can see Nike has some interest. Do not know. I stay clear of dead thing(s). Too much risk.
You must be good at multi-tasking. I can only trade a couple of things in a single days. My brain won't function well with that many stocks or products. I also only keep two old style 21" square monitors. At least they are much better than my CRT monitors I threw away years ago.
Just got out of my PTON put options last Friday. Did not go long as the trend was down. Glad I exited at just the right time. This could go back down depending on what happens next. With high inflation, discretionary income should take a huge hit. You will pay for food, gas, medication, etc. before you consider a major purchase like an exercise bike costing thousands. Most US consumers are already tapped out. PTON also, has excess inventory where they stopped production of their bikes and treadmills for 2 months. Sales must be way down.
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Pair trade will work when?
that's quite similar to my futures day trading.
I do an average of 50 round turns a day, 6 big portrait format monitors