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MW
Moe Whitehead
@investormoe · Jul 24

What do you think of $PTON stock , which had its biggest boom in the Covid days. The company has quite a bit of debt.

Peloton is an American exercise company and media company based in New York. They mainly sell treadmills, treadmills and other equipment for gyms and athletes.

Do you see any hope for this company? To me, it just looks like a company that's keeping itself from going bust.

Do you know of any other companies that specialize in gym equipment, athlete supplements, or run entire fitness centers?

BC
Bill Combs @billcombs Jul 26

I didn't know this company, but I guess that's a good thing. The company's really close to bankruptcy, and the debt is really big.

MW
Moe Whitehead @investormoe Jul 26

The company had a boom during the Covid era, now they're going downhill.

RR
Rickie Reeve @rickiereeve Jul 24

A bet on spin and profitability. I don't know anything about the company, but that alone would put it off the table... The debt you mention, too.

MW
Moe Whitehead @investormoe Jul 24

Exactly, I just wanted to ask if anyone sees an opportunity in this company.

JB
Jason Bellier @neostonks Jul 24

Big debt, they operate in a highly competitive environment in my opinion and their prices are probably not entirely friendly from what I've seen.

MW
Moe Whitehead @investormoe Jul 24

Yeah, I watched it too and I don't like it. Do you have a tip on a company that's in a similar industry?