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Pandora Media, Inc. Message Board

  • ob3nj ob3nj Dec 27, 2013 3:02 PM Flag

    Time To Sell?

    Anyone thinking that hedgies are not going to wait until after the new year to sell? Low volume today, decidedly down, may prompt a lot more selling next week?

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    • I think the Twitter downgrade is making many uneasy that with Pandora being so far from profitability and similar frees services coming on daily by more established and profitalbe companies, that a downgrade for Pandora is very likely and when if if occurs, which seems very posible and justified, there will be heavy selling as this is mostly instifutional investors who will move fast to get out before it becomes heavily shorted, which is the only thing that has kept it going up with no foreseeable earnings.

      Sentiment: Strong Sell

      • 1 Reply to daveparker0808
      • Seems like you aren't the most objective poster on the board. Your comparison to Twitter is horrible -
        * Actually, Pandora is close to profitability and projected to be flat diluted EPS next fiscal year. Some of the adjusted numbers are positive this year (Adjusted EBITA).
        * Twitter stock price was going way above analyst's target while Pandora is at or below analyst's price target
        * Pandora is an institutional stock. If some institutions sell, others are going to buy -- it's not going to suddenly transform into a retail stock.

    • yes, ob...i think for those who have considerable profit on the year, it is now time to sell.

      one could wait to try and secure tax advantages into next year, but next 2 days, and the open on jan2-2014 could potentially wipe out
      the tax one would save by waiting.

      i believe p will test 16-18 in fairly short order.


    • I am sure these guys are wired differently than most, so working during the holidays may be the norm for some. Typically, these are low volume days with the guys at the top taking an extended break.

      I would think most have made their moves pre-Xmas for their portfolios.

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