Look Out Pandora: Spotify Frees Its Mobile App. Wallstreet Cheat Sheet
Pandora's 3rd quarter results showed that its listener base fell from Sept. to Nov. now that Spotify and other big players in the music streaming industry are starting to offer free services to compete with Pandora's monetized model.
The news on continued free apps. and competition getting worse is starting to come out. Just take some time and read each article. They all should help you make the same conclusion. This is a stong-sell here. No is no doubt about it and it will sell off heavy soon and most likely today as more shorts get on board and smart longs sell.
As the interest fades and buyers/believers fade, this hyped company will just be remembered as another company that has tried to monetize something that should be free and now is. As it starts to fall shorts will have their way with her.