The company is notorious for posting annual losses, last year losses amounted to almost a half a billion usd. Stock price is currently@ 158$ ( what does this tell us regarding confidence in future potential? ). Personally, I don't see how spotify can't become a winner in the near future. For those of you who actually trade or have a stock portfolio, would you even consider getting SPOT stock? Ps: please refrain from responding if you've never done any stock trading before.
See that options are available for it. Figuring out what to buy for Puts.
FB191801P00005000 is my personal favourite right now
Good product with cult following but a really crowded market, 2 Google services Google play and YouTube , Amazon, and Apple. Each of them could start a price race to the bottom, without hurting their bottoming a tiny bit. Btw everyone has exactly the same international catalog with maybe some minor local market differences. So not a buy for me.
Buy! It’s bargain right now. I can’t see this one going down ever. The only way is up!
Most definitely not. Please don’t lose your money this way
I’ve been watching SPOT since its IPO. There’s no way I’m jumping on that at these prices. I may consider it if it drops down to the $70s or lower.
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I wouldn’t buy Spotify at that price.