A downgrade to Hold from Maxim's John Tinker leads Pandora (P -0.2%) to open lower, but shares have quickly bounced. Tinker cites valuation, noting Pandora trades near the $17 PT Maxim set back in Aug. '11. He's otherwise positive, noting improved mobile monetization and the fact Pandora support is now built into 95 car models. Piper raised its estimates yesterday. [View news story]
And yet "Analyst Rob Sanderson of MKM Partners initiated coverage on Pandora Media (NYSE: P) Friday morning. Sanderson gave the company a Sell rating and set a price target of $10."
Do Not Panic Out Of American Capital Agency [View article]
The drawback to options on AGNC (or any other similar structure company) is missing on the dividends. I've thought of doing an article on it, this may be the push needed for the research and (uggh) writing.
Do Not Panic Out Of American Capital Agency [View article]
We all do. Glad to see it really, I was concerned that the market did not react last week enough, tells me something might be afoot. Back to normal this week, glad I left my stops in place, accumulating now.
The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters ) [View news story]
Interestingly enough, guns, good guns, build better value over time than gold or the Dow. If you don't care one iota about shooting, they do make nice investments.
The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters ) [View news story]
Good for them! I'm glad they stood up for what they believe in and made a statement with it. I'm glad they choose to use their own funds to make a statement. Now, the BS laws they pass and impose on everyone else is crap. I totally disagree with the ideals they have, but good on them for exercising them. Bad investment choice, but to every trade there is an equal other side, I'll buy what they are selling.
Pandora (P -4.6%) slides after releasing April audience metrics that suggest its 40-hour mobile monthly listening cap is taking a toll. Listener hour growth of 24% Y/Y (to 1.31B) represents a sharp slowdown from March's 40%, and Pandora's share of U.S. radio listening fell to 7.33% from March's 8.05% (it's up from the year-ago period's 5.95%). Active listeners totaled 70.1M, up 35% Y/Y but only 1% M/M - that last figure suggests slowing U.S. smartphone market growth and/or competition from the likes of Spotify, TuneIn, and Songza might also be having an effect. FQ1 results arrive on May 23; shares are still up 53% YTD following a well-received FQ4 report. [View news story]
It is a catch-22, no one wants to listen to ads, so as ads increase to raise funds listening hours decrease, thus ads will need to increase to make up the gap. I stopped using P due to ads, the same reason I stopped watching regular TV as well as listening to regular radio. In this day and age there are plenty of other services that fit my needs without ads for the same cost.
Banks eased lending standards in April and also experienced stronger demand across several loan categories, according to the Fed's Senior Loan Officer Survey. The biggest improvement is in business loans, with the household side more mixed - just prime loans seeing easier standards and greater demand. [View news story]
sort of, for as long as the rates have been so low it had to happen at some point. More a sign of slightly more risk taking, but to no serious revival.
Do Not Panic Out Of American Capital Agency [View article]
Please, please, please sell all your shares, I'd just love for this to tank on me while a gather up more shares! I have buy orders in for multiple drops and hope they all come in. At current levels you are looking at a 5 year payout and the rest is clear money plus the stock and continued dividends. Of course there is risk, but compared to its contemporaries AGNC takes the cake.
Beyond all the issues focused here, looming are also issues of competition with far larger pockets and larger influence than P has. Not a sure thing, but I'm on the short side of P.
American Capital Agency (AGNC): Q1 "comprehensive" EPS of -$1.57 may not be comparable to profit estimate of $1.08. Shares -1.8% AH. (PR) [View news story]
That noise is what a lot of us make money on, market slaughters the stock price, those who know will buy up the stock and hold until the markets either returns the stock to par value or higher. My orders are already in for the morning's expected drop.
Apple (AAPL -1.4%) could strike iRadio deals with Warner Music and Universal within the next week, CNET's Paul Sloan reports. He adds Apple's service will provide studios with fresh monetization options, such as a cut of audio ad revenue and an option for users to buy songs they're listening to. In-line with earlier reports, Apple is said to be baking in unique features, such as "the ability to jump back to the beginning of a song." Last week, The Verge reported Apple is shooting for a summer launch, while noting the music industry has a "love-hate relationship" with Pandora (P -3.6%). [View news story]
I was hoping to see some P folks in here, I shorted P for this very reason. APPL no matter if they do a good or great job here is pushing out all the little companies. No doubt they will do a much better job with higher margin as well. Could it push AAPL high? I don't know, I'd like to think so, but my focus is on the insane overvaluation of P.
Pandora Radio: Stuck In The Mud Until 2015's Catalyst [View article]
I see one of two results. Either, P continues to be hampered by royalties and thus growth is limited since ad rev. will drop off (growth wise) fairly soon. Or, they will get a mass increase jet ahead if something is done in regard to the higher premium they pay. I don't think the author is arguing either way, simply stating the facts is new light that many overlook. Unless P does something dramatic to lure more ads their way, which normally means more ad time and less listener happiness, I cannot foresee them continuing to climb anywhere near the rate they are now. I'm neither short no long on P at this time, simply sitting on the sidelines watching the waves.
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
QE is a great example on De-valuation. Nothing else.
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
Interest rates low, free money raining, the proof is that the stock market goes up. That means the economy is doing "great!"...sheesh
QE is just another bubble that continues to grow until it pops. Why is it okay to pump free money into the system but seen as not good (in hindsight) to pump free home loans? Just another disaster waiting to happen, hold on for the ride it is coming...
A downgrade to Hold from Maxim's John Tinker leads Pandora (P -0.2%) to open lower, but shares have quickly bounced. Tinker cites valuation, noting Pandora trades near the $17 PT Maxim set back in Aug. '11. He's otherwise positive, noting improved mobile monetization and the fact Pandora support is now built into 95 car models. Piper raised its estimates yesterday. [View news story]
Gee, who wants a good short?
Do Not Panic Out Of American Capital Agency [View article]
Do Not Panic Out Of American Capital Agency [View article]
The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters ) [View news story]
The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters ) [View news story]
Pandora (P -4.6%) slides after releasing April audience metrics that suggest its 40-hour mobile monthly listening cap is taking a toll. Listener hour growth of 24% Y/Y (to 1.31B) represents a sharp slowdown from March's 40%, and Pandora's share of U.S. radio listening fell to 7.33% from March's 8.05% (it's up from the year-ago period's 5.95%). Active listeners totaled 70.1M, up 35% Y/Y but only 1% M/M - that last figure suggests slowing U.S. smartphone market growth and/or competition from the likes of Spotify, TuneIn, and Songza might also be having an effect. FQ1 results arrive on May 23; shares are still up 53% YTD following a well-received FQ4 report. [View news story]
Pandora Radio: Stuck In The Mud Until 2015's Catalyst [View article]
Banks eased lending standards in April and also experienced stronger demand across several loan categories, according to the Fed's Senior Loan Officer Survey. The biggest improvement is in business loans, with the household side more mixed - just prime loans seeing easier standards and greater demand. [View news story]
Do Not Panic Out Of American Capital Agency [View article]
Pandora: Poised For Profit? [View article]
American Capital Agency (AGNC): Q1 "comprehensive" EPS of -$1.57 may not be comparable to profit estimate of $1.08. Shares -1.8% AH. (PR) [View news story]
Apple (AAPL -1.4%) could strike iRadio deals with Warner Music and Universal within the next week, CNET's Paul Sloan reports. He adds Apple's service will provide studios with fresh monetization options, such as a cut of audio ad revenue and an option for users to buy songs they're listening to. In-line with earlier reports, Apple is said to be baking in unique features, such as "the ability to jump back to the beginning of a song." Last week, The Verge reported Apple is shooting for a summer launch, while noting the music industry has a "love-hate relationship" with Pandora (P -3.6%). [View news story]
Pandora Radio: Stuck In The Mud Until 2015's Catalyst [View article]
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
QE is just another bubble that continues to grow until it pops. Why is it okay to pump free money into the system but seen as not good (in hindsight) to pump free home loans? Just another disaster waiting to happen, hold on for the ride it is coming...