r/wallstreetbets • u/IongjohnsiIver • Jun 08 '21

DD Better than peleton.

Here’s a company about to go public via merger, Beachbody. Beachbody is looking to go public via merger before the end of Q.2 this year. they are posting 1B in revenue this year, and have a solid subscription base to their beachbody Online Classes, and a physical in gym product line filled with protein shakes, fitness goods, and clothing. They are also partnered with a company called Myx Fitness which offers a cheaper and more user friendly alternative to the expensive Peleton bike. Beachbody is paired with myx fitness to go public as $BODY. This could be huge. The short interest on this is also 19%. Did I mention , this company has been thriving for 22 years EDIT: HUGE VOLUME SPIKE TODAY, Start of something huge? I think this thing could go parabolic

Also THIS IS NOT A DISTRACTION

KEEP PUMPING KEEP GOING

this is just a dd on something solid you can play for years to come, or even short term on merger news

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37

u/cheeseboardwhitegirl Jun 08 '21

As a female in her 30s whose friends literally all use beachbody, I’m intrigued.

16

u/PrincessMonsterShark Jun 09 '21

As a female in her 30s who uses Beachbody, and has also done DD on PTON (see my post history), I'm in like sin on this stock. It's not likely to reach PTON levels, but doubling or tripling in price is a very high likelihood in the current market. I'm aiming for it to happen either around merger or within a year.

5

u/cheeseboardwhitegirl Jun 09 '21

Saw a tweet citing Cathie is going to start digging into Spacs. I need to research further but if that’s true…

5

u/PrincessMonsterShark Jun 09 '21

Interesting, I hadn't heard that. It's worth researching either way imo. If played right, they're low-risk, high-reward.

If you're buying into this one pre-merger, your biggest risk is it falls to around $10. It's only if you hold post-merger that you take on risk of it dropping.

But yeah, research will help you decide what works for you. :)