I promise you radio is big business. It’s a big business being invaded by Martians. The push made by Pandora sent shockwaves. They made streaming radio work. People like it. I think it’s safe to say they’re executing their business plan well, and profits are soon to follow. This I don’t doubt one bit. This is why Spotify and the gang are all clamoring to catch up, they smell opportunity. And being little dogs , they make so much fucking noise every time they take a nip at Pandora’s heels. But that’s all they’re doing. Or so I thought, until I streamed in Songza to the old iPhone. Quickly, see this:
The above is data point 2.0, yes? It’s our way of gauging the competition in an otherwise murky environment. If you’re someone who enjoys music, give Songza a try and thank me later.
“BUT WHAT DOES THIS ALL MEAN AND WHAT ARE ITS IMPLICATIONS ON PANDORA STOCK? We WANT STOCKS THAT BANK US COIN. GNAM GNAM!” – Internet Cretin
When I saw the 109% two day review jump I could have liked to been sick. I was holding around 15% of my risk assets in Pandora. Since then I’ve gotten light for three reasons: QE mania, summer range, and Songza. After tomorrow however, I’ll look to start building my position back because I THINK PANDORA HAS A GOOD QUARTER GOING AND THEY WILL FUCKING SMASH SKULLS RHINO STYLE.
Regarding price:
Ideally the stock never visits $10.00 again but if it does we need to see buying demand. A loss of this level could damage many a bull’s fragile eggshell ego. A hold above 10.50 tomorrow would be very bullish as would price holding above $11.50. $11.20 has seen tons of fast moves around it and is a key hold also. And clearly we need to break the fuck higher than the $12.50 outlier earnings pop. I bet you want a chart, instead you get this:
Lest I not leave you song less! That would hardly be apropos. Enjoy some trill straight out the dirty dirty uugh:
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I’ve been a long time user of Pandora (2005-06ish I think), but now you have motivated me to give this Songza thing a go. Thanks.
Well don’t divert too many listening hours prior to month end. Hook Pandora up lol!