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Welcome back to the weekly Watch list. Feature everyone I Am lead trainer with stock trade Tim Bowen if you're on Instagram hit the link in BIO if you're on YouTube hit the link below. Otherwise, go to Stocks Trade.com Watchlist five stocks in your inbox every single Sunday Usually a pretty balanced mix of Swing trades those longer term ideas as well as speculative day trade style. Um, today's feature is kind of a intersection of both.

So Pelaton, um, if you were the webinar last week talked about this as a takeover. Target Now I know these rumors of the takeover on Pelaton had been mulling around for literally years now after it pulled back from the from the Covid run. You know there's been these acquisition rumors, but I think it's time I I Really think that that having Pelaton down here at these levels with an awesome product, an awesome business, well, the business the way it's run anyway. I Talked about this, but the product is absolutely incredible.

It's just the company is run by morons, but that's what makes it a great acquisition. Target You know you come in, you clean house, you fire everybody, and and you got this amazing product. So that being said, we talked about a break of six yesterday. You can see it's up in the high sixes actually broke seven today.

I think all next week seven would be a great level to look to get a fill at. Um, especially if there run runs you know, set your set your order wait for pullbacks. This is again slower moving stocks build a position over time. Now if the acquisition never happens I Think that there is pretty limited downside to this stock.

I Mean maybe have a stop in the mid sixes if the if the acquisition never happens, stock goes nowhere. I Call that like a boredom stop where if the if the Catalyst never comes, you move on. Maybe you lose 10 cents a share? maybe you break even, maybe a make a penny a share. but I Do think as of right now this is definitely a takeover candidate and if you can get a fill in the sevens I think it's worth risking a little bit that you could wake up to be a very happy man or woman on a buyout.

So that being said, my friends again hit that link below on YouTube Linkin Bio or go to Stocks Trade.com watchlist I Hope you guys enjoyed that video! Thank you so much for watching and being a part of the Stocks trade! Community We wouldn't be here without you guys! Make sure you hit that like button and subscribe to the channel if you haven't already. Our goal is to hit 150,000 subscribers by the end of the year, but we can't do it without you guys. So if you like what we're doing here and you want to hear more, please please please hit that subscribe buttton and I'll see you guys in the next video.

By Stock Chat

where the coffee is hot and so is the chat

One thought on “Stockstotrade weekly watchlist 01/07/24”
  1. Avataaar/Circle Created with python_avatars @qqwertyzzxcvb1921 says:

    I was looking at pton a few days ago .
    I did pick zcar, traded , bought, etc. on my own recommendation of what to trade.
    zcar — was an after hour gain on Thurs 4th ,
    When a stock is dormant for a period , Then goes up 2o percent or so , there is something going on with the company .
    trenidng stock , low float , low volume, yearly low .
    Have a good week, Thank you.

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