$Peloton Interactive (PTON.US)$ I received 1 share. Thank yo...
$Peloton Interactive (PTON.US)$ I received 1 share. Thank you very much. However, I am sorry to say it was a disappointing stock. No dividends, and the stock price has been declining since it went public. In this situation, I will have to realize profits from exchange rate differences, as it is difficult to find investment profits for now. So, I will sell while watching the progress of the yen depreciation in the exchange market.
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しでみ : Based on the movement after August 22nd, there is a possibility of a significant increase ahead, be aware of this.
Polar Bear Papa OP しでみ : January 2020 was the peak, and since then it has been declining, with no significant price movements recently, so there is no likelihood of a breakthrough, and profits have not improved. Wouldn't it be quicker to file for Chapter 11 bankruptcy instead?
Polar Bear Papa OP : So, for now, I'll sell it for $6 just in case, as the exchange rate is starting to return to a weak yen trend, so I'm thinking of selling it if the exchange rate weakens by another 5 yen.
しでみ : Currently +7%
Not a long-term holding stock, but looking at the candlestick pattern, it might be a timing with potential for swing trading.