Peloton Interactive Inc (PTON)

[Joecanada13]

I mean if you havnt covered your short in the last few weeks here you’re a little crazy imo

[trendzone]

You should have bought calls out of the money at the open instead for a hedge, there is now too much hype in it, that could start to really start squeezing shorts that have profits and are not going to want to lose them.

[Joecanada13]

I avgd down on my puts. This is silly

[TheFinalCD]

$38's

[Joecanada13]

Everyone hated foley that much I guess :/

[Joecanada13]

How are they up these rumours?

[Hattori Hanzo]

Been there before, only takes once. PTON just fired 2800 employees and gave them a free 1 year sub to their bike shit on the way out…..savage

[alchemytrader]

They already pre-released earnings premarket. Google it.

[alchemytrader]

Yeah. No more shorting premarket. Wait till the open to see which direction its gonna go first!

[Joecanada13]

I got some puts at 36 I really doubt they beat this afternoon.

[stanace27]

You should have waited

[alchemytrader]

I shorted too early 30.13 avg. covered way too late at 34.82 for big loss.

[ramalio]

No bad idea as it looks, but hurry!

[Joecanada13]

Thinking of buying some today though :)

[SILVERSURFER4263]

https://finance.yahoo.com/news/peloton-activist-investor-rips-founder-again-134031059.html

[alchemytrader]

Be lucky you didnt buy puts.

They decided to do a switch-a-roo and release early earnings forecast premarket and new CEO transition to run it up.

Scam artists.

[make it happen]

How many of these will be on the side of the road in due time? Gyms are open. Was a perfect gimmick for a covid fad in doors, everything closed.

Serious question would you rather have a single peddle bike that 99% of the time sits and collects dust and give away in a couple years or example mirror or something small that goes one the wall and does full body work outs and more interactive than peddling pedals.

[PStockPickz]

Fluff bullshit news yesterday to pump the stock up so people in the know can get out before the bad news it seems.

[tw0122]

One of the larger Ponzi companies Comcast is involved with. Bankruptcy looming take your money and run. Pump and dump stock and right now it’s watch down below penny land here we come.


Peloton Tumbles After CEO Steps Down, Company Fires 2,800, SLashed Guidance Again Making Imminent Sale Unlikely

Tyler Durden's Photo
BY TYLER DURDEN
TUESDAY, FEB 08, 2022 - 07:26 AM
Peloton Chief Executive Officer John Foley will step down and become executive chair in a victory for activist investor Blackwells Capital which had campaigned for his departure/// and in a loss for all those who were hoping the company would quickly sell itself to Amazon, Nike or some other potential acquiror.

As the WSJ first reported, Barry McCarthy, former CEO at Spotify, will become CEO and president, Peloton said in a statement Tuesday. Peloton also said about 2,800 global jobs would be cut, affecting around 20% of corporate positions as part of its dismal earnings release posted earlier today.

Oh, and in its early earnings release the company also cut revenue guidance again (which it cut just a few weeks ago) for the full year, with the guidance missed the average analyst estimate.

[alchemytrader]

Yahoo...Fake news site for fake buyout rumors.

[Tom turtles]

Yahoo.....

[alchemytrader]

already fading. 28.70 now.

[budgetthis]

Carefully…….lol.

[SILVERSURFER4263]

how do you buuy puts on this ? term? etc..tia

[SILVERSURFER4263]

exactly!!!!!!!!!

[SILVERSURFER4263]

short the dead duck

[howardriggin]

I bought a nice amount of stock. Apple and Amazon. Start your engines

[howardriggin]

You forgot my company. Apple

[make it happen]

100% agree and rumors never turn out good long term. Capitulation or liquidation for big bag holder

[alchemytrader]

The executives are Nautilus and Nordictrack are laughing their asses off right now.

[alchemytrader]

Rumors are just rumors. Someone wanted to pop to get out before earnings.

Going lower ass we speak before open. 31.73.

[alchemytrader]

Not before 31 :p

...damn, you were right.

[alchemytrader]

Remember last month where news outlets reported that there will be massive lay offs and they will stop production?

Couple days later the company releases earnings and says its not true and that they wont stop production.

Same here. They have earnings tomorrow. Someone will ask about the rumors on the conference call. If they cant confirm anything we go to 20.00.

I might YOLO some puts here if it pops to 35.00 again today or tomorrow.

[SILVERSURFER4263]

ITS UP TO 32 ON RUMORS LOL

[tw0122]

Ponzi company all the way. What a disaster. Why buy now let it go bankrupt.

[Tcsxyz]

Acquisition is between Nike and Amazon

[$theDDmessiah]

Lol

[nowwhat2]

Peloton Interactive Climbs 40 %
https://ih.advfn.com/stock-market/NASDAQ/peloton-interactive-PTON/stock-news/87199704/peloton-jumps-40-as-suitors-including-amazon-circ

A report said some people at Amazon were thinking about a deal

[MitchDB]

investors lose on this one
so it was $100, now $20-$30
the premium happened after hours Friday

Nike/Amazon rumours but who knows

So basically PTON has imploded and they are selling it for SCRAP right now

Wonder when the investor class action lawsuits start coming out
Today or Monday???? which these suits are always normal in this case

Still what is this bike and treadmill company really worth???
it's an equipment retailer, anyone can host videos without paying hundred of millions for it

[GreenMachine]

Whoops lol

[Joecanada13]

Not before 31 :p

[budgetthis]

Elevator going WAY up……..

Hold on tight, fellow bikers, apparently Daddy gave permission for some fancy Suitors to come-a-callin’ !!

$$ PTON $$

[SILVERSURFER4263]

ceo screwed up royally

[budgetthis]

Elevator still going up……

All aboard ???

$! PTON !$

[$theDDmessiah]

Going to 10.00

[musicbynature]

I believe if there was a buyout; big techs would buy their patent (if they can’t find away around it, and they probably could find a way), not the brand name as these techs would want to make it their own. Why? Cost is less for a high priced product with slow demand.

Nice bounce trade though.

PTON

[budgetthis]

Time to get on those PTON bikes and hit a new endurance goal……

The ride up Pikes Peak might be a good one……you can stop and hunt for some Aqua Marine gems if you get tired…..lol.

$! PTON !$

[WiseYoda]

Lets roll!

[budgetthis]

Elevator going up, imho.

All Aboard ???

$$ PTON $$

[Talc Moan]

Bankruptcy is coming!