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Dimvo7 t1_iugg55j wrote

PUTS on Peleton. Did they really think everyone was gonna be locked up running imaginary miles all day long?

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zzerdzz t1_iugi4p7 wrote

Yeah but all that restructuring I could see the books being massaged for this ER

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Dimvo7 t1_iugiciq wrote

Sure but that doesn’t make it a valuable company as it used to be during pandemic

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zzerdzz t1_iugiwia wrote

Well yeah, it’s down 91% on the year, so the market agrees. The question is how much lower? I feel like expectations were so low they just can lower capex to stop the bleeding, at least for this quarter.

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Dimvo7 t1_iugizwh wrote

Well the lowest it can go is being bankrupt

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