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Zynga, Inc. Message Board

  • daveparker0808 daveparker0808 Dec 26, 2013 11:09 AM Flag

    Look Out Pandora: Spotify and Others are freeing their app. - 2014 Short play of the year.

    According to the Wall Street Cheatsheet, Pandora's 3rd qrt results showed that its listeer base fell from Sept. to Nov. as Spotify and other big music streamers have started to offer similar free services to compete with Pandora's Pay-to-Play/Listen model. With Pandora no where near profitability, the future does not look to be getting any easier anytime soon.

    Sentiment: Strong Sell

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    • Pandora is a dangerous short play........ it is almost entirely owned by institutions....... back in October I shorted in the $26 to $28 range with $28.50 calls for protection....... and took an overall net loss because the calls were expensive........... it takes a lot of patience with that stock and it's not worth shorting it right now.............

      Sentiment: Strong Sell

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