Pandora Sings The Blues ( NYSE: P )

Pandora Media, Inc. (NYSE: P) missed earnings estimates by $0.01 and fell by 2 0.67% or $-2.95/share in after hours trading to $11.32. In Tuesdays day trading session, P fell by 2.66% or $-0.39/share to $14.27. In the past year, the shares have traded as low as $9.15 and as high as $26.00. Technically, the shares are currently trading below the 200-day moving average .The stock may bounce higher to test the 200-day moving average, so look for a move up to the $12.45 area where the stock may encounter resistance. With all this negative data the bright spots of Pandora's progress gets lost.  A drill down Of the Pandora earnings call  reveal; Revenue of $274.3 million, up 99% year over year Q4 revenue of $81.3 million, up 71% year over year Listener hours of 8.2 billion, up 109% year over year Q4 listener hours of 2.7 billion, up 99% year over year A 69.8% share of the Top 20 Internet radio market, up from 58.3% A 5.5% share of the U.S. radio market, more than double last year Active users reached 47 million, up 62% year over year Some market savvy followers are interpreting today's price action as an over reaction and see a calculated buying opportunity. Pandora Media, Inc. operates as an Internet radio company in the United States. The company allows listeners to seed personalized stations with artists, composers, songs, and genres or choose stations organized by genre, as well as enables listeners to create up to 100 personalized stations. Pandora Media, Inc. was founded in 2000 and is based in Oakland, California.