LogFAQs > #951730389

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Topic	Stock Topic 25
StartTheMachine 03/15/21 11:35:48 AM #89:	Sunroof posted... My current portfolio: PTON ($105k at $117.50) DIS ($25k at $199.20) CREX ($25k at $2.27) CPNG ($51k at $50) BAND ($51k at $126.50) $20k left Like Tesla, PTON has a long way it could fall if the market turns bearish again, so just be aware of that. I'm bullish on PTON even post pandemic because their management is brilliant, but I think the super bulls exaggerate with them still. I don't particularly like your buy in price with that much capital at stake, but I'm certainly not advocating you to panic sell if there's a major down day or anything. PTON is definitely not a stock you should ever worry selling for a loss. Are there any near term catalysts that I'm not aware of with them though? Reopening is not good for them short term considering how they were viewed primarily as a Covid investment for a long time. I suspect as long as recovery stocks keep going up, PTON will slowly dip until institutions can't resist buying back. --- - Blur - Welcome to your Divinity. <cite>StartTheMachine posted [p:951730389] in Stock Topi... [t:79347192]...</cite> <quote>Sunroof posted... </cite> <quote>My current portfolio: PTON ($105k at $117.50) DIS ($25k at $199.20) CREX ($25k at $2.27) CPNG ($51k at $50) BAND ($51k at $126.50) $20k left</quote> Like Tesla, PTON has a long way it could fall if the market turns bearish again, so just be aware of that. I'm bullish on PTON even post pandemic because their management is brilliant, but I think the super bulls exaggerate with them still. I don't particularly like your buy in price with that much capital at stake, but I'm certainly not advocating you to panic sell if there's a major down day or anything. PTON is definitely not a stock you should ever worry selling for a loss. Are there any near term catalysts that I'm not aware of with them though? Reopening is not good for them short term considering how they were viewed primarily as a Covid investment for a long time. I suspect as long as recovery stocks keep going up, PTON will slowly dip until institutions can't resist buying back. --- - Blur - Welcome to your Divinity.</quote> ... Copied to Clipboard!
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