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Pandora Media, Inc. Message Board

  • m_farivar2002 m_farivar2002 Sep 30, 2013 2:55 AM Flag

    Government Shutdown is now the 101th reason to sell this bubbled turd

    With a better iTunes radio app taking their customers away every day (according to CNET and thousands of twitter messages - do a simple search) , massive selling by all executives (one of the worst insider selling records I have seen this summer), dilution (which btw rules out a buyout), upcoming samsung app announcement (first half of October), no profits, growing competition by all tech giants (no moat), slowing growth (according to their own executives speech recently), 3 digit forward PE of 2015!, +180% pop YTD, ....

    I doubt if this thing revisits 26 (could be a possibility in short term though) , several bad news waiting in line for investors (including upcoming iTunes new user statistics by apple) which will soon trigger fundamentals to kick in and a massive sell off (like last Monday)

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