It is absolutely crazy, simply insane that this article is tue, which it is, unfortunately. You'd think, atleast I do, that people would not be clamoring to own more shares of Pandora at a higher price when they explicitly state they will lose money every quarter through 2012 and there is no promise that they can restructure deals with the music companies in 2015 that would ensure profits. I love its service but am floored by their biz model. Heck, if you want, give me your money and I'll lose it too.
Wonders never cease...
FWIW, pandora's ticker symbol is P, though TMF doesn't recognize it yet. As soon as TMF does recognize it, I'm shorting it. I guess now is a good time to learn how to do that in real life as this company is a money-loser and a perfect shrot candidate