GMOTruths
Short

P — Short

NYSE:P   PANDORA MEDIA INC
17 0 1
The business model suffers. They have to pay license fees for them music, They make money from subscriptions and ads. Too many ads, and people leave. But there are other competing services, such as YouTube.

I don't normally use Fib retracements. How do you explain the massive buying that drove price from $7.10 to $11.18 in three weeks?

Price target: $7.
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