Peloton Winners & Losers
It would be fascinating to break down the demographics of the #PTON winners on the way up and the losers on the way down. Are they the same people up and down, so was it a wash? Or did people with one set of characteristics win and people with another set lose? Did the analysts put a sell rating on PTON before or even during the crash? And if it was still a buy, who knew to sell? I honestly don’t know the answers here. Someone does though.
BTW, I bought my Peloton in September 2014 and sold it on Facebook Marketplace in November 2020. Should have mimicked my product purchasing pattern with my stock purchasing strategy 🤔