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Just the beginning.

. . “A Planet Fitness Insider has even reached out and told me there is internal panic at the company and mass membership cancellations,” Libs of TikTok creator Chaya Raichik said. . .

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Just the beginning. >. . “A Planet Fitness Insider has even reached out and told me there is internal panic at the company and mass membership cancellations,” Libs of TikTok creator Chaya Raichik said. . . [Archive](https://archive.today/pHGde)

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[–] • 1 pt

Well, I looked PLNT up. Just a year ago it was about $75. Today, its down at about $58. You can see where it bounced off of a $56 low. This can be attributed to HFT algorithms buying into the dip. My guess is the trend down will continue over 200 days. I think there are several reasons: #1 disposable income, #2 bad policy and #3 mentally ill people taking advantage of #2.

[–] • 1 pt

This is true, however if you look at the 6 month mark it is only at 44 bucks a share, almost 1/2. Since then it is up to todays 58. For all the reasons you said. However this article says:

>Planet Fitness Stock Craters, Gym Chain Sees $400 Million Wiped Out After Transgender Bathroom Uproar

This is simply not true. I wish it were, I wish all these freakshow loving woke companies would tank. In time, hopefully.

[–] • 1 pt

Yea, the problem is the financial system is a ponzi scheme. Just look at GME, for instance. Stock price is not a valid indicator of viability. No, PLNT is just another toy to be used by HFT. I do think customers will exit. Just like BUD, PLNT is just another choice among many. There is no compelling reason to use them or any other gym for that matter.