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Pandora Media, Inc. Message Board

  • smallormidcapman smallormidcapman Feb 27, 2013 12:34 PM Flag

    Had problems with my Yahoo ID...I'm back

    Sold at $13.34 last week and bought back in at $11.99 a day later...long 6000 shares now instead of 5000. The golden cross I was discussing has helped to propel us much higher. When RSI touched 80, I grew concerned, sold, and got lucky to hit a top. Buying back in and establishing a position at $12 seems to be paying off again. Pandora earnings should be strong this quarter. Durable good, excluding aircraft, came in at +6.2% which is HUGE from a historical perspective. Soooo....cap ex is back. So if cap ex is back, shouldn't ad spending be back as well? Sequester...smequester...baked in and nobody cares. LONG going into earnings unless Apple announces iRadio today which I put at .0001% chance.

    Techinicals are still pointing UP and looks solid now that RSI has moderated.

11.34-0.43(-3.65%)Oct 27 4:02 PMEDT