When the 50 dma moves above the 200 dma...VERY bullish. The closest we got to this was about .40 cents in mid October. Currently about .81 cents apart. I say we cross by the end on February...right around earnings...may be HUGE catalyst to pile in if earnings are good.
Holding 5000 shares until then. BTW, #$%$ was up with the $10.10 print today?
Down to .26 cents. This is the LOWEST disparity between the 50 and 200 dma since Pandora went public...EVER. The 50 dma has NEVER been above the 200 dma. Google "Golden Cross" and read for yourself the possible impact on the stock.
October 2012 .40
Jan 17, 2013 .81
Jan 28, 2013 .47
Jan 31, 2013 .26
Golden Cross is inevitable at this point and will happen next at the latest.
Read the article, The Pandora Surpirse: New York Post Writers are Hacks, onThe Street. Under Yahoo Finance headlines for P. Planted to cause fear in people who didn't read the article fully and think for themselves. Thank god I used my brain and didn't panic. I learned from watching what happened to First Solar when good news got twisted into bad news and the stock tumbled. I picked some shares up then and it was up and up from there.
You mean the article written by Rocco Pendejo? LOL. He's the hack. If you're following his investment advice you're in for alot of losses. Go back and read all of his articles...he's always on the wrong side of the trade.