Zillow (Z) is a stock that has made no sense to us all year. Not just from a valuation standpoint but from a competitive one and most importantly from a sentiment standpoint. Back in the …
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Pandora is hitting a new 52 week low this morning. Back in August when I identified that the stock was in the danger zone of the “Triangle of Death” I looked to leg into a …
Continue readingA little more than a month ago, after Pandora made a sharp move higher from $25 to technical resistance just below $28, I initiated a bearish put calendar, looking to finance the purchase of longer …
Continue readingFor the past two days, Pandora has been slightly below its 50 day moving average, a development that could prove to be significant since it recently failed to break above its 200 day moving average. …
Continue readingYesterday Pandora had a massive 10% gain on the heels of some positive commentary from their CFO at two brokerage sponsored conferences. He was clarifying some details about listening metrics that had caused the stock …
Continue readingIn early May when rumors surfaced of Apple’s intention to buy Beats, we made a bullish play on Pandora with the stock was in the low $20s (read here) predicated on the fact that if …
Continue readingTwo weeks ago when Pandora was nearing technical resistance at $30, we closed half of our bullish call spread for more than a double (below). After yesterday’s price action, and today’s bounce, we are going …
Continue readingBack in early May, we placed a bullish trade in Pandora (P) as we felt the stock was a tad oversold from its recent highs, and the rumored acquisition of Beats by Apple could place the …
Continue readingPriceline’s (PCLN) announcement of a $2.6 billion acquisition of OpenTable (OPEN) for a 46% premium last week set the wheels in motion for what could be a land grab for internet “services.” A land grab …
Continue readingAbout a month ago, when some of the high fliers seemed to put in a short term bottom in their corrections, we placed a bet on Pandora with the thought that the entry provided a …
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