Economy Stock market chat v3: Tesla crashes
- Thread starter JonesBones
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My overstock puts kicked my ass all day as it skyrocketed into close. Now it crashed after hours. Boom. That company is a joke. Bitcoin down big too. Like 10% in an hour.
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Yeah I was an idiot for not getting back into Moneygram until after hours on this bitcoin hoopla, but they just announced a huge refinancing so im staying in.
Kicking myself for staring at it around 2.55 AH, pondering, pausing on the bitcoin crash, then boom refinance announced and I chase at 2.85...ran back to 2.7 (lol fml 6% loss in 6 seconds I could have avoided), now up at 3.08.
This thing could be getting sold
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my overstock puts paid off. this guy cracks me up, reminds me of myself. lives to troll bagholders of bad stocks
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glad i sold my puts. lol
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Buy TJ Max
I love this new air conditioner I bought at Ollies's yesterday. You never know what they will have. Just over $200. Does at least 300 square feet. maybe 400.
You sound like Cramer trying to pump a stock.
I still can’t believe you guys have so much faith in PF business model as it’s doomed to fail. I think as of now the only reason the stock is afloat is due to emotions and rapid expansion. When one of those stops so does the stock.
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slack is a great swing and long
buy buy buy
buy buy buy
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Shares of Planet Fitness Inc (NYSE
LNT) are moving higher this morning, last seen up 1.2% at $72.49, after the stock received a fresh bull note out of Raymond James. The brokerage firm initiated coverage with an "outperform" rating and $80 price target, a nearly 12% premium to last night's close of $71.65. The firm credited its optimistic outlook toward Planet Fitness' differentiated business model.
This type of optimism is far from a rarity for the fitness chain, as 10 of 13 covering analysts carried "strong buy" recommendations coming into today, and not a single "sell" on the books. However, PLNT's average 12-month price target of $79.08 comes in at a tame 9% premium to current trading levels, meaning price-target hikes could be in the cards.
LNT) are moving higher this morning, last seen up 1.2% at $72.49, after the stock received a fresh bull note out of Raymond James. The brokerage firm initiated coverage with an "outperform" rating and $80 price target, a nearly 12% premium to last night's close of $71.65. The firm credited its optimistic outlook toward Planet Fitness' differentiated business model. This type of optimism is far from a rarity for the fitness chain, as 10 of 13 covering analysts carried "strong buy" recommendations coming into today, and not a single "sell" on the books. However, PLNT's average 12-month price target of $79.08 comes in at a tame 9% premium to current trading levels, meaning price-target hikes could be in the cards.
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I had no clue what you were talking about with PF. Now I realize it is Planet Fitness. It was upgraded today. FAIL.
Guy on CNBC was making a good point that they could raise their prices and it still won't matter. Most people with memberships don't go already. Raising from 10 to 15 won't make them quit. It would make them feel guilty. Plus gym memberships are a tax deductible now.
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My RSI crossover indicator on PLNT. As you can see, the previous two buy signals lead to a run and we just got another. This stock is also isolated from trade shit.
That’s my point, they undervalue their service. I guess if tgeir plan was rapid expansion then increase fees I could see it being a bit more sustainable. In business I’d rather have 250 customers at $40 than 1000 at $10.
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They cost about as much as a Netflix subscription currently. Netflix is spending a fortune on content. I would much rather have a Netflix monthly service than a Planet Fitness membership and both are in the same price range.
Netflix global subscribers 150 million
Planet Fitness membership numbers 10 million.
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So, which one is it, quantity or margin? You still haven't made a point. Planet Fitness has twice the profit margin of Netflix. To compare other companies in the same sector, CBS has double the margins of Netflix. Disney has double the margins of Netflix.
Netflix is a lot less sustainable than Planet Fitness. Planet Fitness has no rivals. Netflix has Disney, AT and T, Comcast, etc. breathing down their neck at cheaper prices, higher margins and more content. Not to mention Amazon and others.
Would you rather have a Netflix subscription or Planet Fitness membership? Planet Fitness is charging enough now and expanding. You don't know what you're talking about.
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It is opening 225 stores this year alone. Do you know anything? lol. Its profit margins and cash flow from operations have increased every year since they went public. Try actually looking into the company before commenting.
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