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Pandora IPO tomorrow
What's everyone think? It's a solid company. I have the annual subscription too, and I've been using Pandora for 4 years or so.
I think what's different about some of these latest tech IPOs compared to the bubble years ago, is these companies have been around much longer now a days and have to prove themselves more. "Pandora Media shares will debut on Wednesday after the opening bell. The streaming media company plans to issue about 14.68 million shares at a proposed price range of $10 to $12 a share." Ticker Symbol: P http://www.google.com/finance?client=ob&q=NYSE:P http://www.marketwatch.com/story/pan...nge-2011-06-10 |
Pandora is the shit, I listen in my car, bike, beach, work, everywhere... replaced itunes and cd's.
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I bet it closes around 18 to 20 bucks and people getting in early cash out early after a high of 22. Wild guess.
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Oh now... Pandora Media Inc. priced its initial public offering late Tuesday at $16 per share — above its recently raised range of $10-$12 per share — signaling strong investor demand for the streaming media company.
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never buy an ipo the first few weeks. it will either fly up in price and you will rpobably not get in at a good price. if you think the company is solid, let the stock settle after a few weeks and then get in.
the only people that make a killing on an ipo that does well are the guys with lots of money that get in pre ipo through their brokers and then sell the first week... . |
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