Pandora (P) : WOW – 87% of Revenues From Adverts
June 15, 2011 at 12:05 PM EDT
Wow, 87% is a big number and if anything starts to change in the world of advertising over time, this stock is going to end up being a real dog. Competition is fierce and the barriers to entry are low. The company is not profitable and yet the IPO is oversubscribed, pricing well above the [...]
