#16
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No. Thousands of units sitting in boxes.
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#17
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I hope so!
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#18
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The bike was the gateway drug and the pedals, shoes and subscription are the crack. Gotta push the crack to make money.
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#19
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So buying Peloton stock a year ago at $158 probably wasn't a good idea.
__________________
©2004 The Elefantino Corp. All rights reserved. |
#20
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Quote:
−7.62 (23.93%)today |
#21
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Peloton is just this years version of the latest gadget fad.
It's not that different than GoPro which went from 98.47 to 10 (16 mo to hit high to 10 low) ... (It did hit 2 on March 2020 but we wont count that. ) For Peloton 171 high, 23 is down 87% in 12 mo. I guess we are going lower until April. Fitbit (remember that one?) It hit a high of 51 and fell to 6 in about 17 month. The other takeaway, these don't come back. Cannondale went from 22 in 1997 to 0 in early 2000's Ride Snowboards was another one- first snowboard company to list in the 90's... I find it funny Lordstown Motors is using Ride as a ticker... I doubt they will have better luck the RIDE the SNowboard company Remember, History doesn't repeat, but it sure does rhyme. Last edited by verticaldoug; 01-20-2022 at 05:32 PM. |
#22
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I'm not sure Cannondale belongs on this list. They failed mostly due to their ill-fated venture into motorcycles. Neither motorcycles nor bicycles were "the latest gadget fads".
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#23
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I wonder if the factory in Ohio that they broke ground on in August 2021 will ever be built.
https://www.thenews-messenger.com/st...bs/5539280001/ Quote:
__________________
It don't mean a thing, if it ain't got that certain je ne sais quoi. --Peter Schickele |
#24
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So when will we see Peloton bikes curbside like the NordicTrak of old.
2yrs, 5yrs...? |
#25
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Quote:
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#26
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My friends who use them still love them. Some are actual cyclists. Hell, I'd probably rather do Peloton than Zwift. (But instead I just freeze or don't ride during cold weeks).
__________________
I'm riding to promote awareness of my riding |
#27
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Peloton latest to blame Apple for financial woes
Quote:
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#28
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#29
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Say what you want they posted crazy sales numbers in a very short period of time, their concept was/is real. They are a victim of their own success, just like so many other over capitalized public companies they got way ahead of their growth curve. Blinded by the light!
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#30
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Quote:
Oh yeah, I called it when they offered the IPO, so there! Fitness is so trend-captive, and short-lived. There's no money to be made here; at least long term or for the general public investor. Quote:
That's the correct thing to do: the LAST thing you should cut is your advertising. Quote:
See my first response, above.
__________________
http://hubbardpark.blogspot.com/ |
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