anyone ever short a stock?? Pandora...

[forloveofthegame]

Company is operating on losses... way overvalued imo what ya guys think??

Great article here explaining the stock and points out some numbers..

http://www.google.com/hostednews/ap/article/ALeqM5h9t8AauVTXkB0JP1c1QpbBDX59fw?docId=e48c2e595ec846adb79037329fca5946

[k13]

Would love to short a lot of stocks now and in the past but don't you need a big margin account?

You have to remember stocks are just a big scam so actual numbers and reality don't mean anything.

[Boner_18]

Operating at a loss doesn't necessarily mean stock price is gonna go down. In fact many companies that see large stock increases operate at a loss, pharmaceutical companies are a great example.

K13 you just need margin, doesn't matter how much. Since you are selling shares from someone else's account and agreeing to buy them on the open market to replace them eventually your losses are theoretically infinite. Since you can lose more than you have in the account you need margin, in reality a line of credit for your losses.

[forloveofthegame]

Operating at a loss doesn't necessarily mean stock price is gonna go down. In fact many companies that see large stock increases operate at a loss, pharmaceutical companies are a great example.

True but what is the companies outlook?? they are into internet radio that makes most of their money from advertisements but the only reason why its so popular is due to something "cool" on your smartphone. Not many people are going to pay the service fee for ad free membership. Just another stock that is just the flavor of the day.

[k13]

Do you know how popular it is? It can just go up on hype for a long time.

[excel]

Pandora is solid.

[ngates815]

I was really surprised to see it open at 20 bucks.


That being said it is a great company, and I'm sure there are plenty of people that pay for it(not me though)

[forloveofthegame]

Do you know how popular it is? It can just go up on hype for a long time.

i have it on my phone and all my friends have it nothing special. Its operating at 8.5x its projected revenue. with the success of google and even facebook the average joe is looking for other internet stocks. i always ask why did it go public now?? Perfetc timing maybe... Last december, its projected stock value was $2-3 and just two weeks ago it was set to ipo at $7-9 before demand drove it up. Just look at linkedln corp went nuts and now its getting neglected

All this hype is coming from future upside forseen by people due to their recent growth. i think it has kinda hit or coming close to hitting a glass ceiling tho

[jarvol]

You won't be able to short Pandora for a while anyways. It will be insanely hard and expensive to borrow the shares just like LNKD unless you sell calls or buy puts.

[lemart5]

Most retail brokers require you have a margin accout with atleas $5000 to be able to short stocks.It would be really hard to get short so early mos funds will be at the front when it comes to borrowing the shares.

[k13]

i have it on my phone and all my friends have it nothing special. Its operating at 8.5x its projected revenue. with the success of google and even facebook the average joe is looking for other internet stocks. i always ask why did it go public now?? Perfetc timing maybe... Last december, its projected stock value was $2-3 and just two weeks ago it was set to ipo at $7-9 before demand drove it up. Just look at linkedln corp went nuts and now its getting neglected

All this hype is coming from future upside forseen by people due to their recent growth. i think it has kinda hit or coming close to hitting a glass ceiling tho

Don't they have the world to still grow at? I think it's only available in the us right now. I use something else anyway. But you are right it's nothing special, tons of other apps similar or better.

[FuzzyDunlop]

Pandora is solid.

Yeah, pretty much this. Only operating on a loss right now to set up infrastructure to get product to consumers in so many ways, decent ad structure in place, number of listeners constantly increasing. On the contrary, Netflix is the more viable option to short as they don't have the infrastructure and more importantly are paying way more to studios now as they shift away from physical DVDs, insanely overpriced.

Others to look at:

Dominion Resources, Inc. (Public, NYSE: D)
Ameren Corporation (Public, NYSE:AEE)
Cephalon, Inc. (Public, NASDAQ:CEPH) <--These retards saw their stock soar when they confirmed that they got an unsolicited offer from Valeant back in march

National Semiconductor Corporation (Public, NYSE:NSM) <---Legit investigation of possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Texas Instruments. Promised $25/share from TI, which is why it has been hovering for awhile. This plummets when the TI deal goes south, then will bounce back when someone else buys them 1st or 2nd quarter '12.

Sears Holdings Corporation (Public, NASDAQ:SHLD)
Nicor Inc. (Public, NYSE:GAS)

[jarvol]

87% of their revenue comes from advertising and only 13% from subscriber fees. Most users don't even pay to use the service nor will they in the future.

[jjgold]

It always looks easy to sell short stocks but like with everything else eventually you pick wrong one and get buried unless you have tight stop loses.

[Flexin]

i have it on my phone and all my friends have it nothing special. Its operating at 8.5x its projected revenue. with the success of google and even facebook the average joe is looking for other internet stocks. i always ask why did it go public now?? Perfetc timing maybe... Last december, its projected stock value was $2-3 and just two weeks ago it was set to ipo at $7-9 before demand drove it up. Just look at linkedln corp went nuts and now its getting neglected All this hype is coming from future upside forseen by people due to their recent growth. i think it has kinda hit or coming close to hitting a glass ceiling tho

They are very popular. They were before you could get them on cell phones.

Also tech stocks are the hot thing right now.

James

[forloveofthegame]

87% of their revenue comes from advertising and only 13% from subscriber fees. Most users don't even pay to use the service nor will they in the future.

[Flexin]

Thats not even their business model. Read their website. You can use it free for 40 hours a month. If you hit that mark (they say most users don't) then you can pay to keep listening that month. They won't charge you after that. If you go over again sometime down the road they offer you the choice of paying to listen to more that month. So they really need more users to be able to charge more for advertising.

James

[AMBlai01]

really interesting article....the coolest thing I took away from it was the little paragraph about Netflix. If you had bought $10,000 at its IPO. it would now be worth $330,000

[Dabeergod]

Interesting article...

what up FTL !!!

[compaqDikk]

3 years ago i shorted eToys (ETYS) at 335 2/9s and bought to cover at 4/7s

[mdemps9190]

shorted yesterday around 12:30 PM and thought i was ****** when it went back up around 4% on what it had lost...Checked my account after work and saw a big + figure for the day. Pandora tanked about 7ish % in the final few hours.

All of these tech companies are having great IPOs. Look to snipe them and short around 1 PM the day it IPOs and you should be good for a short while. Will probably buy back today to walk away with my profits.

[mdemps9190]

Just bought to cover after another 1.11% profit on the stock (aka it went down at opening today)...Lots of inside sellers I believe, just like LinkedIn had when Goldman got out after the price went up A FEW DOLLARS on its IPO day.

[Waterstpub87]

You won't be able to short Pandora for a while anyways. It will be insanely hard and expensive to borrow the shares just like LNKD unless you sell calls or buy puts.

This. It would probably be expensive to buy puts also. And if you are worried about having account authorization to short, no chance you would be allowed to sell uncovered calls.

[forloveofthegame]

down 8% so far today.. demps what brokerage place you use to short it?

[k13]

Would have made a killing today.

Keep shorting RIMM also....

[jarvol]

shorted yesterday around 12:30 PM and thought i was ****** when it went back up around 4% on what it had lost...Checked my account after work and saw a big + figure for the day. Pandora tanked about 7ish % in the final few hours.

All of these tech companies are having great IPOs. Look to snipe them and short around 1 PM the day it IPOs and you should be good for a short while. Will probably buy back today to walk away with my profits.

WTF are talking about? You didn't short Pandora today and you will never be able to short a stock at 1pm of its IPO day.

[mojomaker11]

I shorted a stock DIET down from around 5$ to 2$.

[anthonydiamondLC]

There was a research firm today in a barrons article i read that put a $5.50 target on pandora. It has been dog shit so far.

[forloveofthegame]

down 24% today and another 4% after hours already. Shitty ass company that fed the needs of Joe Schmo and the next big "internet" stock

[mdemps9190]

Didn't think I would be able to short it. I work at an alternative fixed income trading firm...Managed to get in through a funder at one of the BB's (don't want to say which one) that we use...then also shorted through a satellite futures account (so wasn't actually shorting the shares, just exchanging with someone who thought it would rise for 24 hours )...Wasn't for HUGE money as obviously not too many shares. But i've made a good amount over the past 36 hours...Wish I hadn't bought to cover so early today though.