Stocks Psychology
$Peloton Interactive(PTON.US$ Buy decent stocks when everyone is bearish on it. This stock was trading in the triple digits at one point, but its now in the single digits. This is not a meme stock, and while it’s not a solid company it could turn around; on the flip side it could also go to zero. I’ll watch it for a couple months to see where the bottom is if any, but I plan to buy before Powell starts cutting rates. Hopefully before the stock breaches double digits. Only time will tell, but I’m keeping a close eye on this one.
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I-am-ToTh : Cramer bearish on it , inverse it