pippi p wrote:
Fact checker wrote:
So you are wrong...again.
Igy is not wrong. His rightness has just not been yet proven correct.
Logically that is the equivalent a being wrong.
pippi p wrote:
Fact checker wrote:
So you are wrong...again.
Igy is not wrong. His rightness has just not been yet proven correct.
Logically that is the equivalent a being wrong.
You do a good job of talking to yourself.?
Sold DIS, +74%.
Big Dog Investments wrote:
Sold DIS, +74%.
excellent.
I'm back into Peloton for another spin. Made around 10% last time.
Judging from my Strava feed the company is doing very well and owns the space.
In a tiny way, just for fun and pocket change.
agip wrote:
Big Dog Investments wrote:
Sold DIS, +74%.
excellent.
I'm back into Peloton for another spin. Made around 10% last time.
Judging from my Strava feed the company is doing very well and owns the space.
In a tiny way, just for fun and pocket change.
No way - it's indoor tech and summer is right around the corner. PLTN sales are gonna crater imo
Racket, PhD wrote:
agip wrote:
excellent.
I'm back into Peloton for another spin. Made around 10% last time.
Judging from my Strava feed the company is doing very well and owns the space.
In a tiny way, just for fun and pocket change.
No way - it's indoor tech and summer is right around the corner. PLTN sales are gonna crater imo
just a very short term trade
I'm already up 6% - 3% more and I'm out
In my bitcoin, I am in the red and less than 2% from breaking even (no loss, no gain) , and considering dumping it if and when it rises the 2% at my break-even point.
Any thoughts welcome.
Still not getting that warm prickly feeling based on that thing being a energy dumpster fire, so to speak.
agip wrote:
Racket, PhD wrote:
No way - it's indoor tech and summer is right around the corner. PLTN sales are gonna crater imo
just a very short term trade
I'm already up 6% - 3% more and I'm out
looked at it's trading trend line, looks fairly range bound with overall downward trend.
Wouldn't it tend to have gained due to the stay at home orders and would conversely pull back as people get out to gyms and normalcy?
That said, if I can figure that much out, so probably have the bulk of investors, so it probably already over-reacted in selling off. and if you are into it long term (which you said you weren't), I'd wait for the bottom as an entry point for a long term position.
seattle prattle wrote:
agip wrote:
just a very short term trade
I'm already up 6% - 3% more and I'm out
looked at it's trading trend line, looks fairly range bound with overall downward trend.
Wouldn't it tend to have gained due to the stay at home orders and would conversely pull back as people get out to gyms and normalcy?
That said, if I can figure that much out, so probably have the bulk of investors, so it probably already over-reacted in selling off. and if you are into it long term (which you said you weren't), I'd wait for the bottom as an entry point for a long term position.
I also heard the Ever Given has a lot of Peloton bikes on it
Ghost of Igloi wrote:
https://twitter.com/hussmanjp/status/1375450102169546754
Imagine thinking anyone here cares
Racket, PhD wrote:
seattle prattle wrote:
looked at it's trading trend line, looks fairly range bound with overall downward trend.
Wouldn't it tend to have gained due to the stay at home orders and would conversely pull back as people get out to gyms and normalcy?
That said, if I can figure that much out, so probably have the bulk of investors, so it probably already over-reacted in selling off. and if you are into it long term (which you said you weren't), I'd wait for the bottom as an entry point for a long term position.
I also heard the Ever Given has a lot of Peloton bikes on it
LOL. That would be a good thing in that they'll have a good way to spend their time until they can figure out how to get themselves extracted out there.
Someone out to photoshop that, would be a great marketing gimmick.
seattle prattle wrote:
Racket, PhD wrote:
I also heard the Ever Given has a lot of Peloton bikes on it
LOL. That would be a good thing in that they'll have a good way to spend their time until they can figure out how to get themselves extracted out there.
Someone out to photoshop that, would be a great marketing gimmick.
Even worse, i heard one of those bikes was reportedly intended for John Hussman.
As in, he bought it.
Sell! Short that sucker for all it's worth! And more! And most importantly, before the news hits.
Racket, PhD wrote:
Ghost of Igloi wrote:
https://twitter.com/hussmanjp/status/1375450102169546754Imagine thinking anyone here cares
Perfect, digital tulip bulbs for the hipster doc.
seattle prattle wrote:
Racket, PhD wrote:
I also heard the Ever Given has a lot of Peloton bikes on it
LOL. That would be a good thing in that they'll have a good way to spend their time until they can figure out how to get themselves extracted out there.
Someone out to photoshop that, would be a great marketing gimmick.
You, being a west coast guy, might not get this.
https://twitter.com/IvanTheK/status/1375056698042355715seattle prattle wrote:
In my bitcoin, I am in the red and less than 2% from breaking even...
Any thoughts welcome....
I’ll offer one thought, a propos of nothing.
Once you’ve bought a security (or something) the price you paid for it is forevermore irrelevant. The only things that matter are what you can sell it for today, and what you think you can sell it for in the future. The past is in the past and has no bearing on the present or the future.
Or, in other words, anchoring to past value is, in my view, a mistake. Psychologically powerful and hard to avoid, but still a mistake.
That’ll be $0.02... 😀
doc idiot wrote:
seattle prattle wrote:
In my bitcoin, I am in the red and less than 2% from breaking even...
Any thoughts welcome....
I’ll offer one thought, a propos of nothing.
Once you’ve bought a security (or something) the price you paid for it is forevermore irrelevant. The only things that matter are what you can sell it for today, and what you think you can sell it for in the future. The past is in the past and has no bearing on the present or the future.
Or, in other words, anchoring to past value is, in my view, a mistake. Psychologically powerful and hard to avoid, but still a mistake.
That’ll be $0.02... 😀
i think it's a bad habit i have grown out of some compassion for the very sweet accountant that does my taxes, and i just think that somehow selling at zero sum gain would make her life simpler come tax time.
I know that doesn;'t make much sense.
It's seeing an investment underwater for long enough and swearing that if i could ever bail with any pride at all, i'd jump on it.
https://imgflip.com/i/53bi13agip wrote:
Big Dog Investments wrote:
Sold DIS, +74%.
excellent.
I'm back into Peloton for another spin. Made around 10% last time.
Judging from my Strava feed the company is doing very well and owns the space.
In a tiny way, just for fun and pocket change.
Earnings Scorecard: For Q1 2021 (with 12 of the companies in the S&P 500 reporting actual results), 10 S&P 500 companies have reported a positive EPS surprise and 11 S&P 500 companies have reported a positive revenue surprise.
seattle prattle wrote:
Racket, PhD wrote:
I also heard the Ever Given has a lot of Peloton bikes on it
LOL. That would be a good thing in that they'll have a good way to spend their time until they can figure out how to get themselves extracted out there.
Someone out to photoshop that, would be a great marketing gimmick.
one of my most basic trading rules is that when a company cannot fill orders because they are coming so hot and fast, buy that stock.
Oldsters will remember when AOL was the only way to get online - they had periodic downtimes because its system couldn't handle the rapidly increasing internet traffic. People shorted the stock, thinking it was mismanaged. The stock went to the stratosphere - the lesson was not 'AOL is poorly run'....the lesson was 'when demand is insatiable buy the stock.'
But I do believe Peloton has created a very valuable brand and that they will continue to prosper post-plague. They have created an entire social media space - they are doing an amazing job locking up the market.
But that would be the long term bull case. The short term bull case is that it has had a big selloff on rumors and it being carried down with the ARKK stocks. I think it's better than that and will bounce back quickly.
I'm up $8 per share already. Just need a couple more bucks to get my dinner money,