What’s your big gamble? (Volume 3)

[Luke.]

Adam. said:

Sell in May.....

Should I just tap out for 3 months I wonder?

Sell everything?

[g4ry13]

Phooey said:

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

They have earnings after market close tomorrow.

The bad news about the treadmill is already out there. Can't you buy on T212? The fees are very low and make it worthwhile to invest small amounts in US stocks.

[Phooey]

Luke. said:

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.

Yes, very very sad indeed. I would never let a child anywhere near any treadmill. Obviously if it is a design fault then Peloton need holding to account, but the media will always pump the story anyway. Still very tragic though.

I think I read somewhere treadmills make up 2.2% of Peloton revenue?

[Phooey]

g4ry13 said:

They have earnings after market close tomorrow.

The bad news about the treadmill is already out there. Can't you buy on T212? The fees are very low and make it worthwhile to invest small amounts in US stocks.

T212 weren’t accepting new customers when I applied a few months ago.. perhaps need to try again. I’ve already started this years ISA allowance with HL though. Currently at £8.95/trade.

Although Peloton took full advantage of lockdown I still believe it’s a great company and once they get the supply issues sorted will further grow. It’s a strong and fashionable brand IMO.

[g4ry13]

Phooey said:

g4ry13 said:

They have earnings after market close tomorrow.

The bad news about the treadmill is already out there. Can't you buy on T212? The fees are very low and make it worthwhile to invest small amounts in US stocks.

T212 weren’t accepting new customers when I applied a few months ago.. perhaps need to try again. I’ve already started this years ISA allowance with HL though. Currently at £8.95/trade.

Although Peloton took full advantage of lockdown I still believe it’s a great company and once they get the supply issues sorted will further grow. It’s a strong and fashionable brand IMO.

They have huge marketing costs, customer service is not great although it looks like supply line is starting to improve.

I feel that lockdown was the time for Peloton to capitalise and anyone who wanted one will already have purchased one - there's limited growth opportunities now.

I suspect that although they will have continued to have received money from subscribers, the earnings won't have increased as much as the market likes and the stock will drop. The only thing which may save it from a large drop is that it's down 14% today on the treadmill story.

[anonymous-user]

petemurphy said:

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

Same here. The last 6 weeks have seen a general downward trend for my holdings, down 10% in that time. Not nice at all but, whilst depressing to look at, I'm still confident in what I have for the longer term so not tempted to fiddle with anything which was my undoing last year.

It's things like BOO today that knock your confidence, fantastic YoY results but down 2%, seriously wtf ?

[bigbaddom]

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
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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

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!!!

Oh the famous McDonald’s case... from memory there is definitely more to the story. The coffee was served boiling and well above what a normal coffee would be served at.

[Adam.]

Luke. said:

Adam. said:

Sell in May.....

Should I just tap out for 3 months I wonder?

Sell everything?

Historically it tends to be a good idea, I’ll probably just hold and watch my portfolio shrink

ABML crap today, as was FAR, ZNWD and HE1

[Meeten-5dulx]

dom9 said:

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!

I hear you.

I was pointing out that there are some growth shares still out there.
It felt strange NOT SELLING when it is 3x the initial price I got in at. Surely you should take the profit....

But I belive there is more to go on this one, so bought some more.

Look at volumes transacted. Lots of decent buys even at current levels.

I’m a big fan of EQT and would buy more but have amassed a large chunk.
Now waiting patiently for them to meet their potential.

The other side of my head says I should have bought more Alpha and I’d be quids in....

[ALawson]

I assume the LSE website filter for most read RNS is broken? Anywhere else you can see this information?

[Aiminghigh123]

ALawson said:

I assume the LSE website filter for most read RNS is broken? Anywhere else you can see this information?

Not just me then. Seems to have been like this for a couple of days

[anonymous-user]

Aiminghigh123 said:

ALawson said:

I assume the LSE website filter for most read RNS is broken? Anywhere else you can see this information?

Not just me then. Seems to have been like this for a couple of days

Just curious: If you see some gem in those new RNS do you try to get in (or out) at the opening bell? Does that work or do the II always get their first and you're fractionally too late to capitalise on the RNS?

[Glasgowrob]

Kodal up again early doors

Does it have legs to go much further ? I still think it can hit 1p/share

[egomeister]

MikeStroud said:

Aiminghigh123 said:

ALawson said:

I assume the LSE website filter for most read RNS is broken? Anywhere else you can see this information?

Not just me then. Seems to have been like this for a couple of days

Just curious: If you see some gem in those new RNS do you try to get in (or out) at the opening bell? Does that work or do the II always get their first and you're fractionally too late to capitalise on the RNS?

Surely you are feeding off scraps if you are trying to trade the RNS news at open? The stock will have been repriced when the market opens so unless you have a different take on the news to other people then the big moves are likely to be somewhat priced in already.

[Adam.]

Adam. said:

Luke. said:

Adam. said:

Sell in May.....

Should I just tap out for 3 months I wonder?

Sell everything?

Historically it tends to be a good idea, I’ll probably just hold and watch my portfolio shrink

ABML crap today, as was FAR, ZNWD and HE1

EQT continues its nosedive and HE1 retreating, looks like another crap day

[Chris Stott]

The peloton recall isn’t because of the child death or anything being dragged under the belt.

It’s because some screens aren’t attached properly and can fall on the user. It’s a well known issue on the various FB groups and most people have just tightened up the bolts themselves.

Owners are being offered a fix plus 3 months free membership.

[ferrisbueller]

https://www.onepeloton.com/press/articles/tread-an...

[g4ry13]

Chris Stott said:

The peloton recall isn’t because of the child death or anything being dragged under the belt.

It’s because some screens aren’t attached properly and can fall on the user. It’s a well known issue on the various FB groups and most people have just tightened up the bolts themselves.

Owners are being offered a fix plus 3 months free membership.

Interesting take on it....that's not how the media and Peloton are communicating the recall. According to this article there are two separate recalls. 1 in the US for the deaths and 1 in the UK for the screens. The US recall is the one which grabbed the headlines.

In the US, 125,000 Tread and Tread+ machines are being recalled after the death of a six-year-old child.

The watchdog said they could cause injury or death to adults, children and pets if they get pulled underneath.

Tread machines sold in the UK are also being recalled because display consoles could fall off.

[Legend83]

Glasgowrob said:

Kodal up again early doors

Does it have legs to go much further ? I still think it can hit 1p/share

I certainly hope and believe so. It seems like the lithium mining licence is a formality and an update on their gold prospects is forthcoming. The big question will be how they will fund the operation and there are promising noises around a JV with a Chinese oufit.

I'm at 186% profit currently...but will hold for another 5 years

[Phooey]

United Oil & Gas UOG. Worthy of the Gamble thread.

https://www.proactiveinvestors.co.uk/companies/new...