Oct 2011 was the end of the previous long term trading range of roughly $50 to $55 per share (let's put the avg at $53) and is now at $81/share. Now I am not the scarecrow from the Wizard of Oz but that's nearly a 50% increase in the value of their stock holdings. Not bad for a company that is growing revenues at 3%-5% while same store sales are stagnant, no moat .... thanks to internet shopping, and really poor PR for whatever reason. I am impressed.. I guess it might as well go on to $100/share and be a double.
I hope that is more of things bought after the initial hour they opened or else there will be very low profits to be made!!!
So let me get this right......
When I have money and a choice I quit shopping at Walmart
but when I don't have the money I choose Walmart.
Sounds like a testimonial that should be on a Walmart commercial.
Does anyone remember when Sears and Kmart ruled the land and Walmart was a pup? One of the biggest differences was at Walmart there was a policy if more than 3 customers were in line they would open as many registers as it took to get the backlog down. Today one can wait up to 10 minutes to get the opportunity to be checked. You young'uns have all the luck. RIP old school Walmart service!!!
The commercial showed 2 guys sitting on lawn chairs in a garage watching a monkey dance. :.. that was it. Then an announcer came on and said 'we just spent 1 million dollars in 30seconds, what have you done with your money'. It was an Ad for some internet stock broker that went bust. Now that was a business plan.
That sounds like a outstanding business plan. :.. raise cash from stock proceeds, lose money -cash burn - on signing up unprofitable listeners generating explosive growth, run low on money, and sell more stock -diluting the previous stock holders equity. Then rinse and repeat.
I keep clicking my heels three times and saying "there are no stocks like internet stocks" and its not working.
Please tell me to keep ignoring that reality behind the curtain ..... I want to become Pandoran_Out_At_0_Bucks.
Just click your heels 3 times and say ..... there are no stocks like internet stocks .... there are no stocks like internet stocks .....
Last month, Canaccord noted that it saw "an average of 5.7 spots per hour" being listened to by Pandora users, "compared to 5.2 spots per hour ... during the July sampling." Today's announcement suggests that number moved up again in September.
( now I have to listen for to Pandora for more hours to get the same number of songs )
Pandora Media (P) shares was down more than 4% in midday trading Monday on new research showing a lower September advertising load and continued threat from Apple 's (AAPL) new iTunes Radio.
( Scarecrow - before his brain since that would result in a happy answer.... Can you make money with less advertising load and also having to match Apples $25 subscription while delivering lower music selection????)
Annual revenues at Pandora have swelled nearly 10 times since 2010. Meanwhile, net losses are up nearly three times. (Just like GM used to do ..... make up for unit loses by selling more volume).
I do believe in Internet Stocks ..... I do, I do, I do believe in Internet Stocks .... I do, I do, I do ......
Ignore that man behind the curtain .... there are no stocks like internet stocks ... there are no stocks like internet stocks....
There are no stocks like internet stocks .... there are no stocks like internet stocks ......
He means ..... there is no stock like internet stock .... there is no stock like internet stock ....
I am a professional stock analyst and I predict a close on Monday of 24.26. I will scrub some numbers and give you Tuesdays forecast about this time tomorrow.
You just close your eyes, click your heels, and say there are no stocks like internet stocks, there are no stocks like internet stocks, .....
That is a lot of potential churn for most of the pandora supporters to not
be concerned about..... especially with the loyalty Apple uses have to Apple.
Not saying pandora will overall lose listeners but it is hard to grow
listener hours by 40%-50% if there be significant churn to Apple.
Apples cheaper on the subscription, Apple users spend more online per person,
one would expect a few adverisers to also churn apples way.