Pandora Media (NYSE:P)

CAPS Rating: 1 out of 5

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0
Player Avatar SaiyanBroker (55.46) Submitted: 2/28/2013 4:42:47 AM : Underperform Start Price: $12.26 P Score: -18.85

Haters gotta hate: Great service, bad business model. This lofty price is way above any safe valuation. Managed to get in with a short position at about 12.84. Will ride this one out until the market catches up with reality.

http://online.wsj.com/article/SB10001424127887323293704578330790360628594.html?ru=MKTW&mod=MKTW

Too much competition is eating market share. Pandora can barely keep up with itself. The only hope it has is through acquisition.

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Member Avatar SaiyanBroker (55.46) Submitted: 3/13/2013 12:57:29 PM
Recs: 0

Covered recently and took a small loss. I would have held on, but then I realized that Warren Buffet has a huge stake in Coca Cola which I seem to recall reading somewhere made a huge investment in Pandora.

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