Pandora's Stock Takes a Beating on Second Day of Public Trading

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kevaskous

www.grooveshark.com     Really enough said there.

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TheMurph

I'll take "Things Pandora Fears" for $500, Alex.

What is... Amazon Cloud Player?  What is... Google Music?  What is... Apple iCloud?  Why would people want an online radio station that they can't select songs on when they can just stream their own music stashes?

I love Pandora's ability to allow one to discover new music, but just how important is that to an average consumer?

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squarebab

I tried to love Pandora, even paying for their higher bitstream, but they kept throwing stuff at me I didn't want to hear.  I'm an older guy and I like older rock music (mostly 70s stuff), so if I create a "Lamb Lies Down on Broadway" station (a great prog-rock song and album from Genesis) I expect to hear songs mostly from that era and genre. The "new" songs I want to hear are simply old songs I haven't been exposed to yet or songs that I barely remember hearing on the radio as a kid. Pandora ruins what should be a pleasant trip down memory lane by inserting music from current artists and different genres, all in an effort to promote new music. Pandora probably has a deal with the music industry to do this, but I hate it, and it is the reason I subscribe to Sirius/XM, whose channels always stay on format, and Audiogalaxy, whose free (for now) software allows me to stream my entire music collection anywhere (including my phone and iPad). Pandora doesn't understand that old music sells too, and all the music I couldn't have possibly acquired as a kid is now an affordable hobby as an adult.

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mnjones

This is why I use Pandora.  I don't want to listen to my same old stuff all the time.  I want to find something new that's similar to the music I already like.

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B.A.Frayd

Answer: Pandora is free...

 

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whathuhitwasntme

as an average consumer

I find that ability as important as the spam removal on THIS thread lol

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rayatwork05

btw RadioIO doesnt have any revenues lol, not worth buying.

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whathuhitwasntme

Uhm, yeah they do.

They have a syndicated radio show from bubba the love sponge and as of the last reporting to the SEC, when they signed him, his show brought a lot of his "fans" with them. IN a one time shot he generated millions in stock for them.

but the real  point was, that pandora is not unique, and as the stock market proved today the IPO was over valued at 19 dollars a share.

 

radioio on the other hand is  a penny stock, and a interesting gamble that could be invested in cheaply, REALLY cheaply lol

It's going to be interesting over the next couple of years as you see the auto makers switch from satellite radio to internet based offerings. Then, we will see what is worth having.

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rayatwork05

according to their filings their revenue is $0 YoY

http://www.google.com/finance?q=PINK:IWDM&fstype=ii

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whathuhitwasntme

Pandora's main and BIGGEST fault is it lacks content creators. All it does it repackage other peoples work.

As long as it is in the resale business, it will never fit in a contemporary price picture.

If you are looking for "other" mainstream places with streaming radio type media, check out guys like

RadioIO, they have several up an coming products and their stocks are much cheaper rite now. So there is a lot of room for them to get in the "ground" floor.

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