REPOST FROM THIS WEEKEND: The fitness-tech space is heating up due to $PTON. Peloton is trading at huge premium, and new startups like iFit, Echelon are creating additional buzz. Equinox is now to entering the connected fitness space, and soon other big names will follow their move into this market. πŸƒπŸ’ͺπŸ’°πŸ’΅ I’m expecting $NLS to be a strong acquisition target due to their insanely low market cap. Great ready, when big cap players enter the space, they’ll need to buy their way in through M&A! Nautilus will be a cheap and easy buy for $250-500M which is $8-15 per share 🎯 Look at the massive volume that moved into NLS this last week. It indicates that big money is expecting the same scenario as well πŸ‘€ Potential names moving deep into connected fitness tech: $WW $AAPL $NKE
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