MarketInsider, 10 December 2019
- Citron Research, run by the famed short-seller Andrew Left, slapped Peloton with a $5 price target on Tuesday.
- That would imply an 86% drop from Monday’s close of $34.77.
- Citron argued that the losses would come amid “intense” competition that’s mounting.
- Shares of Peloton fell as much as 9.1% on Tuesday.
Comment: Yelling fire in a crowded theatre is a crime A short and distort SELL REPORT How about selling his sell tickets IS he still short? his target is $5 right I bet he covered 10 min after his report . Andrew Left should be under investigation. His recommendations should be compared to his positions.