Spotify
- Thread starter vanzandt
- Start date
Another overvalued company with ZERO profits and extremely heavy competition.
Yes they are the biggest in the industry but competition in music streaming is insane....there are about 10-20 companies all trying to charge you a monthly fee for music ...and you would think 170 million subscribers and still no profits? Come on!! How can you have the biggest subscription user base in streaming music and zero profits. Way over valued, market cap at $26 billion + haaaaa!
Yes they are the biggest in the industry but competition in music streaming is insane....there are about 10-20 companies all trying to charge you a monthly fee for music ...and you would think 170 million subscribers and still no profits? Come on!! How can you have the biggest subscription user base in streaming music and zero profits. Way over valued, market cap at $26 billion + haaaaa!
Thank god ib had shorts today. Was able to triple my 2018 profits .
Thank you all.
Thank you all.
Yes, we have no mananas.
As a special celebration of my gains, I will answer any question you have,
Post a photo of your trade gains.
Put som Sauce on dat thang,
-- Show Me the Money...as Tom Cruise would say in 1996.nice of you to chime in AFTER it drops $25
typical et timeliness
im becoming disenchanted with the quality of postings here. really.
After it drops??
I didn't even notice there was a spotify forum until my first post this morning!
I could care less about this company or it's IPO...just chimed in after reading a few posts here. Chill ...
If SPOT would just follow the GOOD music, and stop being a PANDORAnsy ass, they will do well. Good music, not crap, to appease their main demographic, which is/are the people who grew up with this shit and now have the money to spend on it! The people with the money, the BIG money to spend, don't need a service to shuffle all music from the past 80 years. They want their genre. Else it is all sabotage. If they do that, SPOT would be a good medium-term investment.
By investing in more services and tools for artists, Spotify may attract artists away from record labels and toward independent distribution, which may allow Spotify to pay lower royalties over time.
Spotify has to compete with Apple, Google and Amazon, these companies are larger than Spotify, and they can put more resources into music streaming offers.
However, Spotify is popular among young people. This may help it to increase the market share in the coming years.
Spotify has to compete with Apple, Google and Amazon, these companies are larger than Spotify, and they can put more resources into music streaming offers.
However, Spotify is popular among young people. This may help it to increase the market share in the coming years.