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Wife’s BF loves this stock so I’m YOLO on Puts
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I’m gonna YOLO this put for a few reasons involving crayons that are red and blue.

Wish me luck. This Peloton Stock (PTON) has made me mad for the last time. Not only do I have to know that my wife’s boyfriend rides this thing with his sweaty balls, I have to concede the fact that I pay his subscription service for riding a bike that moves more than my wife had in years. They are betting the company on subscriptions that are kinda profitable while peddling a bike designed to not be profitable. Meanwhile, we, the monkeys are forced to pay for our wives boyfriends escapade which makes his junk magically flop in the wind.

Just look at their low support levels and that overbought and overvalued craziness. A minuscule -1.7 P/E ratio for a company that has less shorts than Sirius Radio (and my wife made me stop buying that subscription for his BMW years ago). Peloton is fresh out of Kanye songs and Christmas viral feel bad for women marketing scams too!

Even their CEO seems to know….You know the guy? He is the guy who looks like JPow and Pelosi had a baby that has a superpower of crashing companies. Spotify and Netflix were his victims until 2010. He took their $168 million package and proceeded to suck 1/2 of their profit…like someone we all know???? Yes, my mother.

This dude flat out just told the media, in a way, that…. -People didn’t buy our stuff and it’s not profitable anyway lol. - We lost money on our equipment and we are going to gain 3x the subscribers to our overrated boyfriend workout machine to smooth brains too far in debt. -11% negative margin on equipment? YOLO -8 quarters into negative revenue. And? -we lost less money than less time but still way worse than expected. Oh well. -revenue is in direct competition with the average WSB crayon eater. -this may be a turning point towards bankruptcy since I gots my $168Mil compensation package locked down. 1/3 of revenue? And?

Look for a few news articles to laugh more. It’s bad.

As for the charts? The support is in the dirt, and every indicator that I can make with hundreds of different crayons before succumbing to the urge for lunch shows this stock dying faster than my wife’s BF comes over for me to cook him dinner.

Today, I used blue crayons because I ate all of the red ones and the yellow ones were dinner.

Thoughts?

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1 year ago