iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Chaser in Radio Race

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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2 comments

  1. elizamae

    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.

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    • Raul3

      Well don’t divert too many listening hours prior to month end. Hook Pandora up lol!

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