$PTON.US$$PTON.US$ Huge outflow yesterday but the stock rose...
$PTON.US$$PTON.US$ Huge outflow yesterday but the stock rose means capital was leaving and people were establishing large short positions near 40. Straight Manipulation! Both sides got played and the CEO just said they weren't considering a buyout.
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Yalole
:
Yup yesterday's play was an attempt to rug pull on shortsellers as the poor financials were already expected. In fact, the results were almost the same as what they released preliminary in Jan.
The low price coupled with high expectations of poor earnings make it seem like another wsb play.
MikeTheInvestor
OP
Yalole
:
I agree. Something no one was expecting. It'll eventually come back down. Rumor news was a lie and the bad Financials will make it a slow short most likely.
Yalole : Yup yesterday's play was an attempt to rug pull on shortsellers as the poor financials were already expected. In fact, the results were almost the same as what they released preliminary in Jan.
The low price coupled with high expectations of poor earnings make it seem like another wsb play.
Andre88888888 : That short squeeze was clearly unexpected haha
dwarrior : Pump and dump?
Jensen Philanthropy : Looks like we are gonna have a lot of long term bagholders soon
MikeTheInvestor OP Jensen Philanthropy : Yep. A bunch of them. smh. I went back short at 39.40
MikeTheInvestor OP Yalole : I agree. Something no one was expecting. It'll eventually come back down. Rumor news was a lie and the bad Financials will make it a slow short most likely.