Nonsense. Looking at their overall financial condition, EXPR is in better shape, lowered guidance included, than any company worthy of what you estimate to be a nearly 30% selloff. This is nothing more than an emotional overreaction.
They let greed get the best of them. Had a chance to get out over 30, but believed all the hype in a NO-PROFIT "business" and hung on instead of unloading with a healthy gain.
Now they're chasing the money, hoping it rebounds so they can realize last weeks profits.
Oh, you're one of those who thinks long-term share price predictions have to be realized in the first hour of trading after the prediction is made.
Such a noob. lol
Throughout history, what USUALLY happens to a company that is incapable of ever making a profit?
So many here told us it would, and I'm waiting and waiting and waiting.
I know Pandora has NEVER made any profit at all, ever, while that dog SIRI continues to print money, but I thought there was all this momentum with Pandora? Whuh huppa?
Except for their 25 million PAYING customers and GROWING paid subscriber base. And oh yeah, their ORIGINAL CONTENT. Would someone explain to the noob, the value of original content?
And how's that profit margin workin' out for ya' over at Pandora?
Oh that's right, TEN YEARS in and still ZERO PROFIT! LMFAO!!
Yeah, that'll go on forever. LOL
Math not your strong suit?
The article said "50% above Friday's close".
Friday's close was $3.68
50% of 3.68 is 1.84
3.68 + 1.84 = 5.52
Barron's said $5.50 was reasonable.
The ridiculousness that is PANDORA will finally be corrected!
I expect NO EARNINGS, as usual, and a few other uninspiring numbers. Now in the past, a pathetic set of metrics didn't phase giddy P investors, but the facade that is P is becoming more and more clear---even to the delusional faithful.
Pandora will be at or below $26 by close tomorrow and will drop to $23-24 in AH trading, once the earnings report is released. Look for a $22-23 open Friday.
The fools will identify themselves by not selling by noon tomorrow.
Sentiment: Strong Sell
COme Thrusday, there will be some serious PAIN on the part of the pumpers, unless they were smart enough to get out already, and are just sticking around pumping for sport.
I don't know how ANYBODY can dare hang on to this pig through earnings. The p/e is embarrassing. Extreme growth is already factored in to this ridiculous price, so any hint of negativity will send this through the floor.
Of course the elephant in the room is still the fact that Pandora has never earned a cent, nor does Pandora ever promise it will! Scams like this don't come along often.
This board is populated by people who failed math apparently.
Comparing share price is meaningless. It's about market cap and profitability, and Pandora loses mightily on both counts.
Let's see: A profitable SIRI with a market cap of $23 billion vs. a ZERO profit Pandora with a measly (and vastly overinflated) $5 billion cap.
Wait 'til Thursdays selloff, and P's market cap will be about $3.5 billion.
Another down day for VRA.
Tell us, are you panicking yet?
VRA may very well be the short of the decade.
Sentiment: Strong Sell
LOL! You're so funny!
But you must've FAILED math. Ever hear of MARKET CAP? Or how about PROFIT? Because SIRI absolutely CRUSHES Pandora in both those categories. Pandora makes ZERO profit, while SIRI destroys it in value.
Even if Pandora shocked the world and actually made even ONE CENT per share, they'd still be a horrible company because there'd be NO guarantee they could even continue to make that one cent, as more and more competition pops up.
SIRI is a legit money-making company. Pandora is a major scam on the suckers who buy into this illusion of value in a company that hasn'e made a nickel.