Peloton Interactive, Inc. provides interactive fitness products in North America. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. The company also provides connected fitness subscriptions for multiple household users, and access to all live and on-demand classes, as well as Peloton Digital app for connected fitness subscribers to provide access to its classes. It has approximately 1.4 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and at onepeloton.com Peloton Interactive, Inc. was founded in 2012 and is headquartered in New York, New York.
Peleton has gotten some free publicity recently because the politically correct lunatics are crying sexism regarding one of its ads.
Thats complete bullshit.. the parts about PC lunatics that is. The joke was that the woman looked "concerned-surprised" upon getting her gift. Its just the way her eyebrows go when she smiled. Some people (4 people on twitter) took this and turned it into the joke that she was being forced into using the bike by her husband. From this joke, right wing snowflakes decided that somebody on the left must be triggered and offended by something, so they got offended and sexism got tossed in somehow.
Well, I heard it from a friend who heard it from a whistleblower who overheard it from a man talking at a bar who said his second cousin once removed heard it from her brother in law's wife. Anyway, free publicity. Maybe Peleton started the whole thing to save on advertising costs.
Well, I guess the right place at the right time for PTON. Gyms are closed, people are buying equipment for home!
Well, back to PTON for a look. Now that vaccines are rolling out and gyms will re-open in a few months... what do you guys see for some downside?
I mean my gym's already open and has been since after the first lockdown. I live in the blue state of IL.
New highs.. I guess either buyers still love the prospects here or its short covering from people who had the same idea and are getting stopped out.
Fixed. I like it, $140 is the high before most recent ER. Bearish divergence in weekly RSI, referencing that $140 high in October.
I have two friends who freaking LOVE the thing. They keep inviting me over to use it, I tell them "Anything that requires a subscription is NOT do-able for me." I know, I know--you WANT something that people keep on buying.
