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Old 06-14-2011, 08:10 PM   #1 (permalink)
Slowly making progress
 
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Pandora IPO

So, Pandora.com goes public tomorrow. After reading their release that they are basically bleeding money, I wouldn't be shocked that it won't be free for very long. At the very least, I'm expecting a combination of more ads or less free hours per month. I've been thinking of spending the $36 and getting a subscription to PandoraOne, but now that they are going to have to answer to shareholders, I'm now not so sure. I've used it as a source for new bands for the iPod for almost 4 years now. That's what I don't want to go away.

/rambling
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New advertising tagline: "Simon Stevens said that will be totally fine and nothing bad could ever happen. Ever."
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Old 06-15-2011, 12:46 PM   #2 (permalink)
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Ha. I'm the same way. I use Pandora not to listen to music but as a tool to find new good music for my iPod... which is what I use to listen to music.

As far as the stock goes... Pandora Media Inc: NYSE:P quotes & news - Google Finance
Rocketed after the bell then dropped. But still +$4 currently. Most likely due to it being a brand new item, some people wanting to try to get onto the "next Amazon" so they're gambling. Give it a couple months and we'll see where it's at.
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Old 06-15-2011, 12:48 PM   #3 (permalink)
Slowly making progress
 
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I'm hoping they put out options for it as quickly as they did with LinkdIn, or however you spell it, LNKD. I'm buying puts (shorting the safer way) as soon as I can after seeing how tame today has been compared to LNKD.
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New advertising tagline: "Simon Stevens said that will be totally fine and nothing bad could ever happen. Ever."
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