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Thread: Pandora down 10% on earnings

  1. #21
    MUSCLE13 is offline
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    Video - Barton Crockett downgraded Pandora yesterday with an $11 price target

    http://finance.yahoo.com/video/pando...152300413.html

  2. #22
    midas360 is offline
    Pandora is dead money in my opinion.

  3. #23
    MUSCLE13 is offline
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    Quote Originally Posted by midas360 View Post
    Pandora is dead money in my opinion.
    Down over 30% year to date. Internet radio has been around since the 90's with hundreds of millions of listeners, and still nobody has figured out a way to turn it into a strong cash flow business. Business models matter.

    My belief is Sirius will always use internet radio specifically as an add-on retention tool to drive sat subs. It is the perfect way to keep sat subs listening outside of the car - in the home, office, and on their phones. And eventually they will add internet on demand and customization inside the car to supplement the sat experience. But only as a supplement.
    Last edited by MUSCLE13; 12-28-2014 at 11:33 PM.

  4. #24
    MUSCLE13 is offline
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    Pandora down about 60% since last February. Wonder if the price hits single digits this year?

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