With any volume on any positive news, it looks as if we pop over 6. It will take more than news to move this over 10 plus. Disappointed there was no update on MyStore user numbers with earnings release. Earnings commentary seemed light on information to shareholders.
There was a post regarding capital Reduction and it was in the Chinese Financial papers on April 29th. Is this the possible buyback you have been looking for?
Lol. No, something to the effect from Rich Tullo, Albert Fried, analyst from the CNN Money article, to paraphrase (There are a lot of things they could be doing together that sit on the tip of their noses, but they are not doing them... ) No big statement regarding Apple and Pandora's working relationship, just thought it unusual that this was removed from the aricle after initially being published.
Did you or anyone on this board catch the statement made by Albert Fried analyst, Rich Tullo, that appeared in the CNN Money article yesterday regarding Apple and Pandora. It appeared when the article first was posted and then shortly after it was deleted from the article and replaced with a statement they took from a recent investment conference made by Pandora CEO, Brian McAndrews. If anyone else caught that and can paraphrase please post it.
Agreed, after such an impressive ER it is a muted response. Too many traders looking at the past behavior after earnings, not really committed to the longer term. The market wants clear vision into the future and they are not getting it. This is one reason for the changes yesterday, which imo was part of a well thought out plan in the works for some time, not a reaction to anything specific. This company is executing on its plan and producing positive results, and the market will see and understand this.
This makes a lot of sense based on where the Company is headed. Adam had the vision and was already Chairman. This will allow him to focus on long range planning and innovation. The new additions have a strong background and will facilitate the process of completing the transition and getting MyStore where it needs to be much faster. Good news and good moves imo.
Strong earnings and good points on all you listed. Number three is the one I have been intererested in for some time. How they intend to monetize Mystore is important to future value. Growth of users is good for this testing period, however, what will growth look like after a full roll out and what will be the positive impact to revenue.