pandoran - Insider can only sale via "105b-1" as long as they hold management position and defined "insiders"....Its no brainer. No need to explain to me on that for sure.
This board can be great arena if we restrained our emotions and stop name calling or bash someone! We all could have difference of opinion. And healthy debate is great way to share/exchange. Due to difference of opinion we all can't be right all the time, neither we all can be wrong all the time.
It was a 105b-1 plan, automatic sale... kind of important to note.
And yes I do agree, we have almost 200 million outstanding shares, mostly held by institutions and posting anything on this message board has no influence on the PPS.
This board could be a great arena to exchange developments and information for IR investors, whether they be Long or Short... too bad it’s not.
Sentiment: Strong Buy
pandoran - Thank you for awarding me a great nick name!!!! The question is not whether I am short at the moment, or long at the moment or neutral with no holding.....
All I had done is brought forward a factual information about insider selling. I did not and would not offer anyone any kind of investment advice. The stock is going to do what mass participants believe its value.....Neither yours or mine opinion would move the market. Do you at least agree on that?
s haliz is the boards "Drama Queen". I think he's a Short and well into the red. It's kind of sad to watch.
Sentiment: Strong Buy
How dramatic. Insiders sell ALL of the time, as part of their compensation package. Go look up a 105b-1 plan. AUTOMATIC SALE. Means almost nothing. They recieve low price options, and will flip them. And...they will get more., And they will do it again.
ob3nj - It is hanging there. But have you noticed the volume? Very thin volume upside since last several days with almost no Institutional buying.......As long as the volume is below average, I doubt whether it would go much higher. Volume is key here.
Over priced, over bought, increased competition coming out which seems weekly but I must admit it hangs in there. Why? I have no idea. I just do not get it. But as they say, the market can irrational longer than you can stay solvent.
20,000 shares loaded just this Monday....
Insider Selling: Pandora Media CRO Sells 20,000 Shares of Stock (P)
After the sell he now owns about 85,000 shares. So he trimmed his 20% of the holding....Not a huge...But certainly cause for concern.....
Would stock collapse on this news? No....Some downward pressure? Yes. Stock is overbought in short term anyway, so about $1 or more downside is possible in short term.
Good luck to all.....
This is wonderful....Love competition. I am sure Pandora fans (and specifically long stockholders) would shrug this off. Isn't it? I sincerely believe Google alone won't dent P's paid subscriber base much. However combined Apple, Amazon, Google, and host of others won't let P increase their subscriber base either.....Agreed? In fact these big companies can afford the loss and still keep running their service. Where as P don't have that luxury. Agreed?