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Student of the obvious
Join Date: May 2000
Location: Phoenix
Posts: 7,714
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Anyone else REALLY glad they didn't buy Pandora stock when it opened today?
Opened at $20, immediately shot up to $26, then dropped steadily throughout the day to close at $17.42.
P: Summary for PANDORA MEDIA, INC.- Yahoo! Finance
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Lee |
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Unless you can get in on the ground floor of an IPO, I wouldn't touch the stock until after 6 months. They usually slide at least that long after the IPO, even if it is a Netscape or Google...
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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Unregistered
Join Date: Aug 2000
Location: a wretched hive of scum and villainy
Posts: 55,652
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I have a standing rule to never invest stoopid money on stock from a company that has NEVER made a profit.
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Registered
Join Date: Jan 2003
Location: Atlanta, GA
Posts: 2,681
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I can't figure out why LinkedIn hasn't corrected yet...
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89 944 - Alpine white/blue, MSDS headers |
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Student of the obvious
Join Date: May 2000
Location: Phoenix
Posts: 7,714
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YIKES! Someone initiated coverage with a $5.50 price target. It was down to <$13 in after hours trading today.
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Lee |
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B58/732
Join Date: Feb 2000
Location: Hot as Hell, AZ
Posts: 12,313
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Apparently the goofballs who bought Pandora stock never heard of the dot-com crash.
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ΜΟΛΩΝ ΛΑΒΕ I don't always talk to vegetarians--but when I do, it's with a mouthful of bacon. |
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