Tag: Peloton

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Tip: Morgan Stanley Needs To Be Top Target

Tip
1 thing you have missed is Morgan Stanley in your name calling
just look at holders of OSTK they own 2% or 800K shares    WHY they owned for years  as the stock went up to $90 then back down and then back to $30  still holding. IN a stock like OSTK   Morgan buys a stake and then LENDS it out to shorts charging them a FORTUNE  how many times do they lend it out?
Make more money doing that then just selling PTON same pattern    STOCKS that big shorts your find them as a holder
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Article: One of Wall Street’s most notorious short-sellers says Peloton will plummet 86%, citing ‘intense’ competition (PTON)

Article - Media

One of Wall Street’s most notorious short-sellers says Peloton will plummet 86%, citing ‘intense’ competition (PTON)

Carmen Reinicke

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.

 

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?