MORE Peloton Bad News

Currently, there is one way to play this stock - down, down, down. Today Peloton (PTON) announced they would be further halting production and with earnings in just a few weeks, things don't look any better after shaving about 80% of the market cap. I breakdown not only how I profited today, but how I plan to profit over the next couple weeks.

0:00 - 1:34 Halting Production
1:34 - 2:34 The Play
2:34 - 3:31 The Chart
3:31 - 4:02 39% In 30 Mins.
4:02 - 4:52 Long Term Thoughts

***Disclaimer: This is for educational purposes containing my personal opinions and approaches, this is not investment advice. All trades are made in my smaller accounts to accommodate reasonable expectations for beginning traders with smaller accounts.***

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