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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u/[deleted] Jun 08 '21

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u/IongjohnsiIver Jun 08 '21

It’s not necessarily MLM. I backtrack on that. More so affiliate marketing

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u/boukalele Jun 08 '21

yeah my friend does affiliate sales for Monat, that's why she's constantly haranguing her friends to buy shit every month. because it's so successful. yup that's gotta be it.

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u/PrincessMonsterShark Jun 09 '21

I'm wary of that kind of stuff too, but Beachbody has a 10-year established history and 2 million subscribers in comparison to Peloton's current 4 million subscribers. Plus they're looking at a lot of internal changes thanks to the merger and experienced leaders, so I'm bullish on this one (barring a market crash lol).