This post was just published on ZYX Short Change Alert. Massive short squeeze is taking place in P on the news of a new CEO. Those who can stomach draw-downs may consider temporarily moving the stop zone to $26.58 to $26.88 and adding a 10% tranche in the zone of $23
Pandora, the popular Web radio service, reported impressive earnings after the close Thursday, recording second quarter EPS of $0.04 vs. consensus forecast for $0.02. Revenues of $157.4 million topped analysts’ consensus expectation for $156.24 million. For the third quarter, Pandora projects Q3 EPS of $0.03 to $0.06 vs. $0.08 previously
This post was just published on ZYX Short Change Alert. P reports earnings after the close. In our 30 years in the markets, 2013 has been the worst year in terms of short squeezes and the squeezed stocks continuing to levitate even after the squeeze is over. P is one of
This post was just published on ZYX Short Change Alert. It is expected that Apple will announce an internet radio service today at its World Wide Developer’s Conference (WWDC). It is not known if Apple’s product will resemble Pandora or Spotify. There is a substantial downside for P in the
This post was just published on ZYX Short Change Alert. Pandora (P) reported better than expected earnings and provided guidance better than consensus. However, this guidance does not justify the present stock price. The trigger for entering this trade was the potential impact of a competing service from Apple (AAPL). Service
This post was just published on ZYX Short Change Alert. GOOG has announced a service that will compete with P. Normally on this news it would have made sense to add to P or initiate a new position. However in this market, it is best to be very cautious. What To
This post was recently published on ZYX Short Change Alert. Consider adding a 10% tranche to P in the zone of $13.40 to $14. Those not in the position may consider starting a 20% tranche. The trigger is many reports that Apple is closer to starting iRadio. This will be bad news
Ever since Apple announced that it would offer a streaming music service, there has not been much doubt that Apple would attempt to beat Internet radio heavyweight, Pandora. The thinking is that Apple will squeeze music labels to get better terms than Pandora. Such a scenario is certainly better for Apple, but
This post was just published on ZYX Short Change Alert. P earnings were a little worse than expectations. Projections are worse than expectations however a massive short squeeze is taking place. Consider adding a 10% tranche or initiating a 20% tranche in the zone of $13.80 to $14.73. The stock is
This post was just published on ZYX Short Change Alert. There are reports that AAPL iOS6 contains building blocks of a potential competitor to P. If AAPL were to introduce a Pandora like service, our target for P is $3-4. CAUTION: P HAS HIGH SHORT INTEREST, THEREFORE ONLY A VERY SMALL