Shorts are setting themselves up for a fall. The recent mini-selloff is really more shorts in action. What they fail to recognize is that VRA gave poor guidance last quarter, so they don't even have to do well, just not as bad as expected, for the stock to take off.
If VRA does have a bad report, most is already built in to the current PPS. The upside is much greater.
Eventfully, the big, bad wolf Apple WILL be locked and loaded. Every day that passes is a day closer to Pandora's inevitable downfall.
Look on the bright side: For every listener they lose, they save money on royalty fees! WHat a GREAT business model!
Eventually, the music will stop playing----and when it does, you better not be one left without a chair (a/k/ still holding).
Pandora has a notoriously bad business model. Everybody knows it, yet they continue to trade in this POS because of all the emotion and hype still involved.
Pandora's profits are actually shrinking rather than expanding, with trailing-12-month losses now amounting to $46.5 million. Cash-burn is also accelerating, with Pandora burning through about $13 million over the past year.
I know you really, really wanna believe that, but we all know this turd is headed further downward, probably to under 16.00 by close.
The jig is up on P, and everybody knows it.
But investors keep playing musical chairs, hoping to ride some emotion into profit. The DANGER is that eventually the figurative "music" will stop playing and some will be left without a chair when this failed business model a/k/a house of cards comes tumbling down.
Will it be YOU who is finally stuck with devalued shares?? Or will you be the winner who gets out and finally STAYS out once and for all.
The music is winding down---better grab a chair!
What you fail to recognize and/or remember, is that VRA already gave poor guidance for this quarter, so it's built into the price already.
This is potentially setting up to be win/win for longs, simply because if Q1 is poor, then nothing unexpected has unfolded, thus the pps will remain stable, whereas if the quarter is better than expected (even if it's merely lesser a loss than was previously thought) shorts will be in for a long month.
Ata boy. Keep your chin up.
Even though we both know this turd is destined for the trash heap, especially after more companies get into streaming, AND the quarterly report comes out next week (yikes!), you really are quite an example in unfettered optimism.
Oh you'll be hopping like a little bunny down your hole when this horrendous business model shows next week Thursday that you can have a zillion "subscribers" and still LOSE MONEY. lol
In reality, Google will NOT buy Pandora and Pandora will continue to decline due to no market barriers and more and more competition coming in, not to mention a likely weak quarter reported next week.
LOL. I'm sure Google knows something YOU don't know, which is why they're entering the streaming market.
As far as Pandora making a profit in the past quarter: Well, we only have another week to find out!
If P has a bad quarter, combined with this streaming news, I believe you'll be struggling to get $9 a share by the end of next week.
This stock is so overinflated WITHOUT the Google streaming news. I was wondering when this thing was gonna come back down to earth, and this Google news is certainly going to be the catalyst for many investors to run for the exits.
This pig will be under $13 by the end of trading today. Probably come back a bit tomorrow, then head down again by Friday, maybe below $12.
Still, even at $12, with Pandora's horrendous business model, it's overinflated. Should be around 9.