Think a lot of people have been on the giggle juice over the new year on this thread. $1.00 really - putting takeovers to one side if it gets back to 15 cents it has done well. Day traders are all over this now which is a pain in the backside if you believe in the fundamentals.
For me this stock needs to show it can make a profit from digital customers. At the moment it can’t due to unrealistic pricing from content providers. This combined with illegal downloads (anyone under the age of 25 will laugh at you if you say you pay for content) means its a tough gig to make this a profitable company. I can see the studios and content providers eventually coming around (look at music and itunes) but I can’t see the illegal download issue being resolved anytime in the next 3 to 5 years
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