For a month now P has just gone up. And it has done it in the face of almost exclusive bad news. A warning by the company leaders expecting slowing in growth, expected increases in expenses, concerns about ever becoming viable, a stock offering further diluting shareholder value, and direct competition from the world's largest market cap corporation with more than 100 times the music selection. The only positive is increasing listeners, but that also is a double edge sword as increasing listeners comes with increasing cost.
My jaw is still on the floor. I wonder what I missed where this stock is concerned. It appears it is dead set on breaking $30 before this incredible run even begins to pause.