Both are pretty hot stocks at the moment. I just pick up 500 shares of Pandora at 15.36 the other day. I have yet to bid on Bidu, mainly due to the cost. We are entering the tech bubble 2.0 guys, buy while you can, don't get greedy and sell before the bubble.
Pandora and Bidu
The problem is when to know that the bubble is going to xplode, I would never buy Pandora or Linkedin, they don't generate any free cash flow. Baidu on the other hand is a strong company, the chinese Google.
i love pandora! its gonna be around for a while imo
Agreed with Bars, I wouldn't touch Linkedin or Pandora.
I wanted to buy Baidu at the end of last year, but didn't. Now its up over 40% since then. But that is a real company.
On another related note, I saw that News corp was trying to sell Myspace for 20 million.
They bought it for $560 Million or something.
OUCH.
I wanted to buy Baidu at the end of last year, but didn't. Now its up over 40% since then. But that is a real company.
On another related note, I saw that News corp was trying to sell Myspace for 20 million.
They bought it for $560 Million or something.
OUCH.
I don't really like LinkedIn at all, which is why I didn't mention it. There whole "business facebook" idea just doesn't seem like it will last. On the other hand Pandora has been around for like 8 years now, it's steady and people love it. I think what makes it valuable is that it has to the potential to either be bought out or change the ways of the radio. Yeah, they show negative profits but who knows what is to unfold in Pandoras box.
If you want to play the internet game I really like OPEN, it's a volatile stock but I think it has more bussines than the above mentioned, BIDU being the exception.
facebook killed myspace. literally.
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