Not saying P is GOOG, but don't be so quick to dismiss this company. I suggest the post IPO performance of the stock is more a statement on the general market conditions, which are nightmarishly bad, moreso than a specific lack of confidence in P.
If ur comparing p to goog that says you have no idea of how to invest...good luck giving ur money away.
I can't prove it, but you probably said something similar to a GOOG investor, like GOOG isn't Ebay or something like that. LOL.
im sure a lot of bag holders would want to agree with you... bottom line is, they are expecting 15mil ebitda in 2014! stock is not worth more then $5 (if you are lucky)http://blogs.barrons.com/techtraderdaily/2011/06/16/pandora-btig-says-sell-5-50-target/?mod=yahoobarrons
We'll see. For sure the stock is under alot of pressure for now.There were a lot of $85 GOOG bagholders too.