Seeking Alpha
  • dgulick
    SunTrust initiates coverage of $P at $34 (+34% upside from current share price) http://bit.ly/1eFb4aS
    4/14/14
    Reply (12)
    • dgulick: "$2B+ revenue potential driven by monetization, not predicated on user growth, and longer-term optionality given platform scale"
      4/14/14
    • AngleSideSide: That's a lot of local car dealership and mattress sales ads! ;)
      4/14/14
    • AngleSideSide: Since P is operating at breakeven, doesn't that mean $2b is earnings? If so, why only a $34 price target? Seems like that justifies >$50.
      4/14/14
    • J. Woods: Even an initiation at $34 isn't enough to stop P's slide today. Patience was required, but being long puts is starting to pay. Well.
      4/14/14
    • dgulick: @AngleSideSide, also hearing Xfinity, Home Depot, Mercedes, Wendys, Subway, Xcel Energy, with coordinated display ads
      4/14/14
    • dgulick: But P is now pushing subscriptions more than I have noticed in the past, had a Disney sponsored ad-free trial that lasted about a week
      4/14/14
    • dgulick: (I'm already a subscriber, but have an old account from before we consolidated that I listen to occasionally ... for research purposes!)
      4/14/14
    • dgulick: @JWoods, congrats on your haul, I've been humbled by this slide to be sure, but haven't lost faith, been doing a a lot of buying on this dip
      4/14/14
    • dgulick: Would be careful around earnings on 4/24
      4/14/14
    • dgulick: (Actually I'd be careful all the way around, I think the tech sell-off was a flight to safety due to low expectations for Q1 in general --
      4/14/14
    • dgulick: -- good EPS even from unrelated sectors could result in a relief rally in small cap/nasdaq/tech)
      4/14/14
    • J. Woods: Agree, it's pretty volatile right now, and I don't know which way it will go near-term. I'm holding for ~$20 to unload though.
      4/14/14