should be a quick and easy short. jumped way too much after that precor acquisition imo and is consequently overbought in the year chart this should correct 10% to 20% if I had to guess in the short term. generally speaking the stock price of the company that is acquiring the other should dip as a result of the acquisition yet the opposite is the case for peloton. I understand the fundamental case that precor can help them better fulfill their backlog but a $5.3 billion increase in market cap as a result of an acquisition of a $420 million company does not equate to me.