What’s your big gamble? (Volume 3)

What’s your big gamble? (Volume 3)

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g4ry13

16,985 posts

255 months

Wednesday 5th May 2021
quotequote all
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.

ferrisbueller

29,327 posts

227 months

Wednesday 5th May 2021
quotequote all
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html

g4ry13

16,985 posts

255 months

Wednesday 5th May 2021
quotequote all
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes

Mr Overheads

2,440 posts

176 months

Wednesday 5th May 2021
quotequote all
g4ry13 said:
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes
https://www.youtube.com/watch?v=Gi0FLtu82Ng
Why would you let your kids play unsupervised on a treadmill!

g4ry13

16,985 posts

255 months

Wednesday 5th May 2021
quotequote all
Mr Overheads said:
g4ry13 said:
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes
https://www.youtube.com/watch?v=Gi0FLtu82Ng
Why would you let your kids play unsupervised on a treadmill!
That can happen with any treadmill, no? Not sure why Peloton decided to pander to the media and recall it.

It's clearly a case that the parents should watch their kids and have it powered off if they're unsupervised.

cheeky_chops

1,589 posts

251 months

Wednesday 5th May 2021
quotequote all
Today is probably the 1st time i havent refreshed my excel tracker in 8 months. All my LTH have been dropping (SNG, NCYT, FAR, DEV, ODX, GGP). I dont think ive had a blue day in 2 weeks, PF is over 10% down. Depressing.

vulture1

12,220 posts

179 months

Wednesday 5th May 2021
quotequote all
Well one of my better days for a while it changed from the morning. Up 2% on average on most of my stocks.

dingg

3,989 posts

219 months

Wednesday 5th May 2021
quotequote all
cheeky_chops said:
Today is probably the 1st time i havent refreshed my excel tracker in 8 months. All my LTH have been dropping (SNG, NCYT, FAR, DEV, ODX, GGP). I dont think ive had a blue day in 2 weeks, PF is over 10% down. Depressing.
Could always be worse, I'd be ecstatic to be only 10% adrift :-(

cheeky_chops

1,589 posts

251 months

Wednesday 5th May 2021
quotequote all
dingg said:
Could always be worse, I'd be ecstatic to be only 10% adrift :-(
made me smile - any takers for the wheelbarrow of despair?

RichTT

3,071 posts

171 months

Wednesday 5th May 2021
quotequote all
Two days and it's wiped 4 months of gains off the PF. Pretty much back to square one again.

Aiminghigh123

2,720 posts

69 months

Wednesday 5th May 2021
quotequote all
g4ry13 said:
Mr Overheads said:
g4ry13 said:
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes
https://www.youtube.com/watch?v=Gi0FLtu82Ng
Why would you let your kids play unsupervised on a treadmill!
That can happen with any treadmill, no? Not sure why Peloton decided to pander to the media and recall it.

It's clearly a case that the parents should watch their kids and have it powered off if they're unsupervised.
Well as a former gym instructor yes children should not be allowed near treadmills. However.....

Techno gym treadmills we used were too heavy to go under like that. It has been known for years that treadmills can lift if a Swissball is pushed near them. We tried it but it didn’t work because techno gym has a guard at the back to stop that happening. Other features include safety cut outs if the belt is jammed it auto stops.
I have seen the peloton ones and they look pretty cheaply made.

g4ry13

16,985 posts

255 months

Wednesday 5th May 2021
quotequote all
Aiminghigh123 said:
g4ry13 said:
Mr Overheads said:
g4ry13 said:
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes
https://www.youtube.com/watch?v=Gi0FLtu82Ng
Why would you let your kids play unsupervised on a treadmill!
That can happen with any treadmill, no? Not sure why Peloton decided to pander to the media and recall it.

It's clearly a case that the parents should watch their kids and have it powered off if they're unsupervised.
Well as a former gym instructor yes children should not be allowed near treadmills. However.....

Techno gym treadmills we used were too heavy to go under like that. It has been known for years that treadmills can lift if a Swissball is pushed near them. We tried it but it didn’t work because techno gym has a guard at the back to stop that happening. Other features include safety cut outs if the belt is jammed it auto stops.
I have seen the peloton ones and they look pretty cheaply made.
The design may not be great but I think the parents have to be held somewhat accountable in this.

It still would have been better (from a business perspective) to pay off the family instead of recalling every treadmill and wiping billions off the share price for what was an unfortunate accident.

Aiminghigh123

2,720 posts

69 months

Wednesday 5th May 2021
quotequote all
g4ry13 said:
Aiminghigh123 said:
g4ry13 said:
Mr Overheads said:
g4ry13 said:
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes
https://www.youtube.com/watch?v=Gi0FLtu82Ng
Why would you let your kids play unsupervised on a treadmill!
That can happen with any treadmill, no? Not sure why Peloton decided to pander to the media and recall it.

It's clearly a case that the parents should watch their kids and have it powered off if they're unsupervised.
Well as a former gym instructor yes children should not be allowed near treadmills. However.....

Techno gym treadmills we used were too heavy to go under like that. It has been known for years that treadmills can lift if a Swissball is pushed near them. We tried it but it didn’t work because techno gym has a guard at the back to stop that happening. Other features include safety cut outs if the belt is jammed it auto stops.
I have seen the peloton ones and they look pretty cheaply made.
The design may not be great but I think the parents have to be held somewhat accountable in this.

It still would have been better (from a business perspective) to pay off the family instead of recalling every treadmill and wiping billions off the share price for what was an unfortunate accident.
Agree the parents should be held accountable but the US suing culture could bankrupt them.

Remember the lady who sued McDonald’s for hot coffee?
She got $600k for spilling hot coffee on herself!!!

SS9

380 posts

159 months

Wednesday 5th May 2021
quotequote all
Glasgowrob said:
Rough day but Kodal up 30% which was nice

Currently sitting on nudging 3 million shares which made a dent in the sea of red everywhere else

Jumped into Corsair this afternoon and up a quick 2% so far think there’s scope for them to go up a fair bit this year
This was a good call... CRSR up 10% today, well played.

g4ry13

16,985 posts

255 months

Wednesday 5th May 2021
quotequote all
Aiminghigh123 said:
g4ry13 said:
Aiminghigh123 said:
g4ry13 said:
Mr Overheads said:
g4ry13 said:
ferrisbueller said:
g4ry13 said:
Phooey said:
P
E
L
O
T
O
N
Just to follow up on this, I saw the following pop up on my Twitter.

Exercise equipment maker Peloton is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission

Seems like BS to me that they're doing it.
https://www.cnbc.com/2021/05/05/peloton-recalling-all-treadmills-after-reports-of-injuries-one-death.html
It's such BS. But I guess they have to appear responsible to the public these days.

Nevermind about people taking responsibility for their own kids these days rolleyes
https://www.youtube.com/watch?v=Gi0FLtu82Ng
Why would you let your kids play unsupervised on a treadmill!
That can happen with any treadmill, no? Not sure why Peloton decided to pander to the media and recall it.

It's clearly a case that the parents should watch their kids and have it powered off if they're unsupervised.
Well as a former gym instructor yes children should not be allowed near treadmills. However.....

Techno gym treadmills we used were too heavy to go under like that. It has been known for years that treadmills can lift if a Swissball is pushed near them. We tried it but it didn’t work because techno gym has a guard at the back to stop that happening. Other features include safety cut outs if the belt is jammed it auto stops.
I have seen the peloton ones and they look pretty cheaply made.
The design may not be great but I think the parents have to be held somewhat accountable in this.

It still would have been better (from a business perspective) to pay off the family instead of recalling every treadmill and wiping billions off the share price for what was an unfortunate accident.
Agree the parents should be held accountable but the US suing culture could bankrupt them.

Remember the lady who sued McDonald’s for hot coffee?
She got $600k for spilling hot coffee on herself!!!
It reminds me of the story with Toyota in 2009 with their 'sticky' accelerator which resulted in the death of some people. The problem was actually user error rather than a manufacturing fault but Toyota paid out a settlement rather than going to court and defending themselves because it would not look good to the public. link

If Peloton were to defend themselves in court, hire some good lawyers (which i'm sure they have access to) and argue that the parents were responsible for their own child's death. Even if Peloton win in court, it brings negative publicity for them. So it's cheaper to pay the parents off despite it not being Peloton wholly at fault.

petemurphy

10,122 posts

183 months

Wednesday 5th May 2021
quotequote all
cheeky_chops said:
Today is probably the 1st time i havent refreshed my excel tracker in 8 months. All my LTH have been dropping (SNG, NCYT, FAR, DEV, ODX, GGP). I dont think ive had a blue day in 2 weeks, PF is over 10% down. Depressing.
snap

dom9

8,078 posts

209 months

Wednesday 5th May 2021
quotequote all
Meeten-5dulx said:
ALGW?

They have done me well from first purchase 1.7p and the last purchase a couple of weeks ago at 6.2p
Talk to me! They're going up at a rate! A lot of fuel still in the tank?

From knowing nothing other than looking at the 6 month curve, it's the sort of thing I'd think I've missed the boat on!

AMGO had a tough day at the office but there was always going to be a pullback at some point after that run.

So... no buy-back for me there today!

Adam.

27,247 posts

254 months

Wednesday 5th May 2021
quotequote all
Sell in May.....

Should I just tap out for 3 months I wonder?

Phooey

12,600 posts

169 months

Wednesday 5th May 2021
quotequote all
So, Peloton then. I wonder if it’ll snap back 10% tomorrow..

I don’t want to risk much on it but bloody fees scoop up a lot of the (possible) gains on anything less than a grand

Luke.

10,993 posts

250 months

Wednesday 5th May 2021
quotequote all
Phooey said:
So, Peloton then. I wonder if it’ll snap back 10% tomorrow..
I was wondering that until I saw a clip on Sky News of a little boy being dragged into one. Wouldn't touch them with a bargepole now.
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