This page has been archived and commenting is disabled.
Fitness Fad FUBAR: FitBit Flounders As Planet Fitness IPO Fails
Is the fitness fad fubar? It appears so. FitBit is getting hammered - down 10% overnight...
and new IPO Planet Fitness is trading notably below its "no brainer" IPO price level...
- *PLANET FITNESS INC OPENS AT $14.50, IPO AT $16.00
Perhaps a 43x P/E and 4.8x Price to Sales was a little too rich after all?
»
- 15648 reads
- Printer-friendly version
- Send to friend
- advertisements -
FitBit, the new Crox.
I beat my goals every single week but haven't lost a fucking ounce of weight. My wife says that's because most of my steps are back and forth to the fridge.
This thing was supposed to make me lose weight. What the fuck?
I heard shaking your arm a lot while it's on your wrist helps.
I do that at least once a day. So far, not helping.
My gf told me to walk to Krispy Kreme and KFC from now on instead of driving.
... and that's how the fight began ....
Does this fitbit make me look fat?
Im so fucking stupid and lazy I need a gadget and plan to exercise. Wheez a deep breath america , then shove another donut down the fat greese coated throat while you drive to the mailbox.
I'm not really sure I'm getting your point. You care to elaborate a bit?
I think he was pretty blunt about his feelings...
You gotta be gripping your dick while shaking your arm to have any results...its the little details..
hey easy i love products that dont support the super narcissistic lifestyle.......wait, is this the doritos blog?
Soon there'll be a free fitbit inside every box of cereal ... and $1 at Dollar Tree is around the corner, same aisle as the hand-held calculators.
Another good joke -
The wife said, why don't you get some of those pills that help you get a hardon?
You should have seen her face when I threw her a box of diet pills.
My dick is so short, I have to take a viagra just to piss!...I'm hung like a Hobbit, on a good day like a Hummingbird..
I am self diagnosed to have AIDS, I told my boss so he cant fire me...'Ass Is Dragging Syndrome' complecated by wheat belly of course...
Nother thing, Whats with all these catheter commercials? I mean, how did people take a piss back in the old days? Did they use an 1/8" copper refrigerator pipe for a catheter or just piss out they ass? Its like if you dont have a catheter now a days you cant piss? I wonder if they make an insulated Northern Version so a guy can do spirographics in the snowbanks? So many Questions...
I'd sure love to have sex again someday, but its so tiring and painful for both me and my partner...perhaps I'm being too hard on myself?
(all Clade7 originals, keep your plagarizing asses off my junk Jimmy Kimmel and that other guy late night guy who has his finger wrapped up..or send a check)
I'm hung liked a horse....fly, horsefly
Never trust an IPO. They are for ma-n-pa investors looking to bet the farm on the chance to get rich quick.
Let's see what happens to SoulCycle.
Mrs_horseman and I went on a nice trail run last night. It cost us $0.00. My resting pulse, as I sit here, is 40, and I drank a french press coffee this morning.
Monetize that.
Dammit! You are not contributing the banks... I mean, the economy. Get into debt, buy some stawk and join a fitness club on the way to Macdonalds.
But did you release any carbon? If so then you cost the rest of us millions and therefore are a bona fide trrst.
Yes - he farted, and he exhaled hundreds of times. KILL HIM!
We could bundle your ride with various other exercise activities, slice them up into non-collateralize investment vehicles, back them up by selling CDS' and list them on a carbon exchange as a virtual carbon footprint trading vehicles and voila; monetized horse shit.
Edit: That's so fucked up it just may work. Maybe I should be working for the squid.
I didnt know they collaterized sammiches
It only works if you Pick a Sammich
My 100lb overweight lab assistant has been wearing one for a year now. She still asks me to carry the lab specimens back to the microbiology department after she has received them. I suggest maybe she should to add to her step count. " oh no, I've reached my step count goal for the day." Commenting on her step count goal doesnt seems to be translating to a change in the scale number doesn't seem appropriate at work.
Miffed;-)
You can be a fit bit surrogate! With your fitness enthusiasm and my shitty bracelet I am going to be in the best shape of my life. $19.99 a month would be a bargain. You could probably sell the whole enterprise for 50X EBITDA.
As technology cycles spin ever-faster, FitBit is at once innovative and obsolete.
If it were a FatBit or Planet Fatness were you could snag a doughnut and not be fat shamed by thin people, and it was covered by a government program of some sort it would be to the moon.
Can't get anything going in this economy unless the goverment is providing the customer base, a grant, or a garuneteed loan for the purchase of your product.
Bullish!
I roll iron in a dungeon of my own making. That said, do you know what some of these fitness places charge per month...? I'm either an albino from living in the dark too long, or prices for 'frivolous' expenses are off the F'ing charts.
Planet fitness $10
Some of these extreme fitness clubs are very expensive. There's a local one that starts at 140/mo. I not sure what the attraction is to beat the shit out of yourself. For a good all body workout I do P90X core synergistics in my basement.
I do have to admit I pay $100/month for unlimited yoga. The classes they offer go from 6am to 10 at night so it is very convenient for me. They also offer classes at 104-108 deg with 40-60% humidity which really gets deep into the muscle when you hold the poses. Great for flexibility after lots of hiking. There is just no way to duplicate this effectively at home. I think I'd have to move to Florida.
Miffed
I like the fitbit. I wouldn't buy their stock, but the gadget is fine. The ms. and I do lots of walking and it's a nice way to track activity. But, screw the food and sleep monitoring. I'm not willing to give them that info to sell to some creepy entity.
wife had this product for a week, she is very active, it helped her ADD for a day or two, then she found she was counting along with the gadget, said it was wrong......took it back.
Hilarious. +
Planet Fitness is actually a fantastic franchise and great place to work out. I'm sure some sour puss will jump on and complain about the place, but it's always clean and the staff is excellent. Glad I didn't buy the stock however. I know they make money, but not much matters in our "markets" anymore anyway. There is no true price discovery. There are no free markets.
So glad my fitness comes by living far from the burbs...
Yeah, right. Has anyone ever gotten fit at pf? They also allow men to use the women's locker room and bar any woman who complains about it: http://dailycaller.com/2015/03/23/judgement-free-gym-being-sued-by-woman...
The fact people need a $200 gadget wrapped around their arm to tell them when to move their ass is a perfct example of what dismal shape Merika is.
U.S. Obesity Rate Inches Up to 27.7% in 2014The percentage of Americans who are underweight has remained steady at 2.0%.
http://www.gallup.com/poll/181271/obesity-rate-inches-2014.aspx
The one person in my office that has one of these is roughly 300 lbs. Seems to be working!
It's that whole "Quit Smoking" campaign... Ever since it went into full effect, the masses have substituted their oral cravings with food.
Looks like they're running out of garbage, bullshit, companies to take public.
Investors are moving from speculative stocks to blue chip and value stocks.
Folks here in detroit metro would rather pop adapex and the like to lose weight( related to a bunch through marriage)
Legal speed paid by gov't subsidy....
Isn't progress great!?
I bet the best way to lose weight in Detroit is to buy a pair of Air Jordans ... and get ready to run for your life!
I'm in great shape. Round is a shape, right?
Sam: "What are you up to, Norm?"
Norm: "My ideal weight if I were 11' tall."
Another peice of crap that no one really needs, like the i watch or a new phone every six months.
The slide continues as we sail through August. September is going to be one to remember.
The world is going to hell in a hand basket but HELL I'm in the best shape of my life. Bury your head in the sand much? FitBit, the most moronic piece of electronic junk ever. When I was in my teens and through college I was very physically active(a LOT of running and some weight training) and I didn't need an electonic dongle (tracking device) to prove or know it.
My FitBit says I walked 3 miles today. I guess I can rewrad myself with the Bloomin Onion, a steak, and a desert. Man I am healthy!
Walking? Screw that! Unhealthy! Proved it...I hooked my Fitbit up to my sawzall and the damn thing had a heart attack half way through a 2x4...!
I didn't even know this was a public company. They went to market with a fitness bracelet? I guess there is still hope for stawks.
Wait guys, Neiman Marcus is filing for IPO, the recovery will continue once they are on the scene!
Love it!
Planet Fitness can die with thier fake feminized politically correct branding.
Yet another one hit wonder stock in the age of dotcom bubble 2.0.
Standard Disclaimer: If you only have a single product to sell, eventually you are going to hit market saturation, regardless of how many revisions you make to it.
The CueCat of fitness.
Liberty is a demand. Tyranny is submission..
"Does this FitBit make me look fat and stupid?"
I wouldn't be buying this one.. Leases in old strip malls and buildings that had tenants walk.. It will get hit with rent increases if the economy goes up slightly and it caters to an under 40 crowd that is perpetually broke.