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Netflix, Inc. (NFLX) Message Board

  • daveparker0808 daveparker0808 Dec 26, 2013 2:39 PM Flag

    Look Out Pandora (P): Spotify and Others Free their mobile Apps.- Short Play of 2014

    Per the Wallstreet Cheat Sheet, Pandora's 3rd qrt results showed that its listener base fell from Sept. to Oct. as Spotify, Apple and other big music streamers have started to offer similar services for free to compete with Pandora's Pay-To-Play/Listen model. With Pandora no where near profitability and trading at 10 times book value, the future for share holders seems to be more like a lottery ticket.

    Sentiment: Strong Sell

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