I have noticed that P has two commercials back to back now instead of one. As a free listener, not great to hear more commercials, but great for the ad revenues for P. I look for ad revs to double this Q for P. Stock goes to 30 from here.
Pandora has begun back to back ads, but with longer uninterrupted music sets. Their test studies have shown this format is less intrusive. And yes, it will average out to more ad time per hour. Also, total RPM has now risen to $41.73 and is expected to continue to increase, just look at FB’s recent success.
I don’t think we will see double ad revs in this quarter, but I do believe we will see a PPS of over $30 before the end of 2013.
Well, look at what is interested in little old Pandora, traders and not long term. I told you this is a traders dream now. You might have made some cash before, but the trader will take the top off any appreciation in the future.
What do you guys think will happen to the stock price this week? It bounced off of support at $18 and it formed an inverted hammer on Thursday. It seems like the price has made a floor and wants to go up, but with all this Syria stuff looming, things are a little up in the air.