How about eating pizza while you workout? Apparently, you can with a membership to Planet Fitness, ticker symbol $PLNT. This is the Netflix of gyms, memberships fees so low there’s no need to cancel, AND you get free pizza on Mondays.
There are so many things wrong with the culture of this gym, including free Tootsie Rolls daily, but I guess that’s why it works. I know a group of investors who own several franchises of $PLNT, and their numbers are pretty staggering.
I also like the way the technicals are starting to stagger up and to the right, as well as an increasing short position. The stock is also moving up in rank inside Exodus, breaching the top 250, can you say squeeze?
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Watch for a breakout here for $PLNT. I like it on strength for a trade.
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is it similar to YouFit gyms? Because that $10 a month fee membership is loaded with all kinds of other secret shit they hit you with. You have to pay via credit card automatic deduction. Cancelling is extremely difficult to accomplish too.
I believe they are adding more and more fees. They will be out of business inside 20 years. For now though, the stock is breaking out.
Is it “all you can eat” pizza Monday?