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.