Anonymous wrote:

Anonymous wrote:I think the CEO of peloton is just bad at business. He is in over his head. They will get straightened out. He just has to come to the realization that he sucks.

+100 he wants to be besties with the instructors, talk about how amazing his wife is, and get social media cool point. Actually running a company? What's that?

Yes! And she runs the apparel section, that has to be hemorrhaging money because the exercise clothing market is saturated. If they rein in spending— close the stores (bricks & mortar?), cut back on payroll, create a boutique delivery/service experience, continue adding new content (like the game I’m testing that is just blowing fat off me!) they will return to profitability. The bike is excellent, content is stellar, and community outstanding!

Anonymous wrote:I think the CEO of peloton is just bad at business. He is in over his head. They will get straightened out. He just has to come to the realization that he sucks.

+100 he wants to be besties with the instructors, talk about how amazing his wife is, and get social media cool point. Actually running a company? What's that?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Remember when WeWork's IPO imploded?

Yes yes I do

They’re still around though. I actually was just looking at renting office space. I’m a remote worker and the idea of being in my house constantly is making me crazy… and I have a dedicated home office. Just saying..

WeWork survived because SoftBank couldn’t handle a failed company on its record; the blemish would have sullied their reputation. They doubled down. What investor is going to DD on Pelaton? People keep saying Apple. Maybe but at a much lower price.

There is no further market. It’s not like iPhones where you need to update every 2 years. And paying as much for content as I pay for my phone service is crazy.

Anonymous wrote:Isn't this just a market correction, though? Stock went through the roof during the pandemic but now that we're on the other side of it, the stock seems to have gone back to where it was pre-COVID.

Production was halted because their inventory is high. Not as many people are purchasing the equipment now that gyms are opening back up, which makes sense. Maybe they overestimated equipment sales last year but it seems obvious that at some point, sales were going to slow.

Yes but the peloton haters gotta hate.

Isn't this just a market correction, though? Stock went through the roof during the pandemic but now that we're on the other side of it, the stock seems to have gone back to where it was pre-COVID.

Production was halted because their inventory is high. Not as many people are purchasing the equipment now that gyms are opening back up, which makes sense. Maybe they overestimated equipment sales last year but it seems obvious that at some point, sales were going to slow.

Anonymous wrote:

Anonymous wrote:Remember when WeWork's IPO imploded?

Yes yes I do

They’re still around though. I actually was just looking at renting office space. I’m a remote worker and the idea of being in my house constantly is making me crazy… and I have a dedicated home office. Just saying..

I love the game that’s in beta right now. So fun!!

Anonymous wrote:Remember when WeWork's IPO imploded?

Yes yes I do

Someone will buy them.

Remember when WeWork's IPO imploded?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Burn baby burn. My puts are printing!

I’m loving this. There is no support now at 23. I see it dropping to the teens

Why would you be loving this? Seriously. If the company fails there are hundreds of thousands (millions?) who will be devastated at losing the machine and a ton of small investors holding their hat. What kind of person would revel in that?

Because this company has no hope and I love making money

You sound like a TERRIBLE person to rejoice in the fact that the pain of many will result in a few more bucks in your pocket Scrooge McDuck.

Thanks but shorts do provide liquidity to a market that you are participating in with your lovely company retirement plan

Anonymous wrote:So let's say they don't survive. What happens to these bikes that require memberships to even ride or get their content? Will the screens still work?

I literally have two payments left on my 0% financing. WTH.

It'll take a few years or so but eventually the content platform just won't work. First they'll stop hiring new instructors to record classes, live classes will become fewer and fewer, then they'll run out of already pre-recorded content to add to the library, they won't hire CMS teams to interface with customers, they'll stop updating the app software so eventually it becomes buggy and weighed down with security concerns, and of course the license for the already pre-recorded content will expire and the classes will disappear from the platform entirely.

So let's say they don't survive. What happens to these bikes that require memberships to even ride or get their content? Will the screens still work?

I literally have two payments left on my 0% financing. WTH.

Is anyone surprised by this? They've sold as many bikes as they are going to sell. The market is saturated. The number of people who haven't already bought a Peloton but are going to buy a new one is very, very small. Get ready for a monthly price hike, folks.