rydozer

PLNT short

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NYSE:PLNT   Planet Fitness, Inc.
honestly better test-case than $T due to PLNT's earnings coming out today at 4:30pm.
I called a lucky rally, didnt expect for it to pump up way past $55, but it did.
Especially since their franchisees are getting absolutely fuckt during this CV lockdown.
5% royalties to corp might be good, IF they actually turn some kind of profit, but given a 5:1 debt to operating income if this doesnt start their future demise idk shit.
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