Palantir Technologies Inc
$-0.04 (-0.25%) Today
52 Week High
52 Week Low
7 Days Mentions
why are so many people so fixed on the same few stocks? like why do I still see people talking about shit like OCGN, SOFI, WISH, PLTR, let alone AMC/GME?? there's a whole stock market out there my guys! instead of watching those tickers budge down slowly every single day why not look at literally anything else...
Skill would be when I bought Moderna at 131 and sold at 400, Novax at 129 and sold at 250, WWE at 23 and sold at 70. Oh wait that's what I did on my own. I sold GME the first time when the pandemic hit, then it took off so I bought back in and sold for a profit because of this place. My mistakes from this site was FCEL, PROG, QS (huge loss), SNDL, TTOO, ISR & PLTR.
I'd say more often than not, when a market is correcting, you're probably better off going into a new play than DCA'ing into an already existing play. You might be looking at the prices of some of your holdings like NET and PLTR and thinking to yourself... "My God, I can't believe how low these have dropped! These are tremendous values at these levels, I should double down." But, if the entire market is in correction mode, there could be other stocks that are much better overall investments. They might not be down as much percentage wise, but that's mainly because the market in general views them as less risky than something like NET or PLTR, so it's not punishing them as much. I just think it's very tempting from a psychological standpoint to think about your investments in NET and PLTR in a better light if you double down on them and lower your cost basis considerably. But is that really the best place for this money? It might give you the warm fuzzies inside, because that new, lower cost basis will make you feel much better about your original error. Truth is, the money that you're going to throw into NET or PLTR to dramatically lower that cost basis might be better off going into something else.
I don't know! Had a conversation here about 6 months back and if I remember well, I told them I see PLTR lesser than 30 EOY. Many of them chose not to believe me because big government contracts super future technology big player new amazon just you wait. Of course I didn't know shit, I just speculated. Now I think the price point is better and I'm thinking about opening a small position. Because you know, big government contracts super future technology big player new amazon just you wait.
Hmmm... so you're on a subreddit that prides itself on being retarded, and you're whining about not receiving any financial advice from said retards? Got it. Here is some solid DD for you. YOLO everything you can get your hands on into PLTR.
Diversify. If you believe in the stocks you bought than hold them. But put new capital to other sectors. Right now dividend stocks are running. I mean AT&T was down 30% for the year at one point in 2021. Now it's up 20% in about a month. The hope is to have AT&T or $KO run when $NVDA or $PLTR is down and vice versa. But being all in on one sector is so dangerous since many of those stocks trade with the same momentum. I lost over 70% of my portfolio in 2007 being way too leveraged in commodity stocks which were the SPACs / volatile tech stocks of 2005-2008. Some of those stocks have never recovered even in 2022. And you have NO IDEA where the true bottom is at. Tech may rebound Tuesday, or in March or in the year 2024. And if $AMD for example is running and is up 50% it isn't a bad idea to sell 10% and buy a stock in an another sector that is down like $CAT for example.
SQ, COIN, NET, CRWD, MTCH, ATVI, DKNG, CRM, PLTR, SOFI, and every Chinese tech stock if you’re into that. Those are just the ones on the top of my head that I’ve been looking at. I’m sure there are many others. Some of these are probably closer to 40-50% off highs, not 60%+.
She bought a ton of UIPATH, PLTR, TWLO which is at all all time low. Not everything that’s disruptive innovation is going to be successful and ofcourse you’re gonna hit the jackpot with maybe a couple of them. But the way she keeps doubling down on bad companies when they’re still near ATH’s is just plain stupid.. She doubled down and pumped $ZY even after the CEO quit, company was in deep loss with no product to sell and laid of its employees. Disruptive innovation my ass
If it dips below my average cost of like $12 I will buy more but likely not in the same amount - but yes you're likely right. While PLTR's market cap isn't small compared to my other holdings - large retail involvement causes massive swings. It's nice though cause at least I can sell covered calls against part of the position with good liquidity.
Yeah. I would go all in on PLTR 2024 calls for sure if i knew what the fuck PLTR is doing because i still dont know what PLTR does. But i think PLTR will eventually bounce back to $22-26 this year and buying calls now could make a decent profit. Just gotta see how well it could keep the resistance point at this bottom
Stocks like KTOS, PLTR, LMT, etc. will go up. It would only affect the market if it spread into a wider war that pulled in Europe and turned into a legitimate WWIII. For what it’s worth, I don’t think anything will happen. Russia will struggle to annex an entire country and explain why thousands of its soldiers are dying for…Putin or “pride”
For 2022 I'm going to continue to buy tobacco stocks and I am hoping to turn towards growth. It's only January but I've been buying PLTR. Hopefully there's a good crash in growth stocks so some others come down to Earth. I want 98% of reddit saying that growth is dead and you'll never make money on those stocks. In response to your writeup, the analysts are telling us to invest in commodities which makes me skeptical. That we've already seen the biggest gains. In the event that I'm wrong a great mining play could be FCX. I might go and buy some, or I may not. It's not a priority.
Not really, it's a narrative of economics courses as well. Two things happen (maybe more for all I know): (1) as interest rates for bonds go up, people decide to move some money there since it's low(er)-risk since the reward has just gone up (2) Borrowing money becomes more expensive which is what all these growth companies do (including FANG, but not nearly as impactful as say a money-losing business that needs money... to live (like PLTR)).
If they wanted to con retail wouldn't they upgraded PLTR after they bought because right now they were right and PLTR has underperformed by a lot when compared to the market. Right now they're bag holding it just like retail. Also there's no way to show they bought PLTR after the downgrade as holdings aren't updated that frequently and $80 million in buys is nothing for a bank that has $700 billion in AUM.
As a complete amateur investor I came to this site looking for some tips. Since joining, the pile of shit that I bought has dragged my portfolio from +60% to 0%. I’d have been better off just sitting around jacking off than buying shite like PLTR and FUBO and fucking CRSR.
Why - at that price it's still about 40bln - **at 26 times revenue**. Now, lets say it grows revenue without any recession or otherwise for the next 5 years at 30%. It will still be - after 5 years - **at about 10 x revenue** \- i.e.e still highly overvalued. You may say but the margins are so huge at 30% that it will be only on a 30 PE. Whats the real margin, if staff where paid with money rather than printed shares? All this boils down to say, at present - on the companies own 30% growth projections - the stock is looking very overvalued and could indeed half from here to $8 and still be very expensive! One more thing... There has been a LOT of money printed. Corporations and Government have been flush and LOVE spending money on ALL SORTS OF tech projects when the money is flowing and budgets have to get rid of the money. Shocking fact; Most companies are run for the benefit of management not shareholders! I remember 7 million being spent on a useless website called 'color' back in the '00 bubble for a insurance company - that literally was a webpage with colors on it and some corporate marketing BS which a kiddy could do in a day. INSANE but perfectly sane to get some of the free money circulating on a useless project sanctioned which would benefit staff and waste the marketing budget. Many here have not experianced a proper recession (Elon Musk predicts recession by 2023). Recessions hit tech companies ***SUPER-HARD***. The FIRST thing out the door is IT. Consultants, projects, even good ones are ruthlessly axed and got rid off. You get the **inverse** of the proir overspending insanity as the pendulum overswings the other way. All those high $140k salaries goto ZERO. There is a flood of unemployed IT workers which swamp the market. Contracts are renegociated downwards. It's so horrific to live through its's unbelieveable. I doubt PLTR shares will be unscathed if that occurs. 'Scott McNealy was the CEO of Sun Microsystems, one of the darlings of that bubble. *At its peak his stock hit valuation of ten-times revenues. A couple of years afterward he had this to say about that time (via Bloomberg):* At **10 times revenues**, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. That assumes I can get that by my shareholders. That assumes I have zero cost of goods sold, which is very hard for a computer company. That assumes zero expenses, which is really hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that assumes you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10 years, I can maintain the current revenue run rate. Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those basic assumptions are? You don’t need any transparency. You don’t need any footnotes. **What were you thinking?**'
AMC puts are way better. Every AMC put I have ever purchased has netted me at least a 50% gain, and with the most recent news of the CEO selling 300k shares they are finished. It is going to constantly bleed until it hits its actual value of $5-$8. Im buying weekly puts on AMC at this point. ARKK puts are good too but the exposure there is if the money comes back into high-tech growth stocks, all of her trash shit, ROKU, PLTR, HOOD will all get a boost and you will be burnt.
You’ve named a lot of controversial stocks. To be honest a Reddit threat is not enough to help you make a decision. You’ll need to do way more research. For instance, PLTR is so controversial there are WHOLE ENTIRE communities and WHOLE ENTIRE YouTube accounts dedicated to nothing except talking about PLTR. And trust me, those Youtubers upload almost DAILY. That’s how much there is with some of these stocks.
**My largest dollar amount winners:** NVDA....invested $7641 (201 shares), worth $54,229 TSLA....invested $6900 (50 shares), worth $52480 **My largest dollar amount losers which also happen to be my 2nd & 4th largest dollar amounts invested (ugh!):** PLTR....invested $13,862 (400 shares), worth $6404 PSFE....invested $9189 (550 shares), worth $2068 **My other winners** AAPL....invested $12,421 (100 shares), worth $17, 415 FB...invested $3360 (51 shares), worth $16,926 MSFT....invested $9296 (50 shares), worth $15,680 CRM....invested $6,698 (48 shares), worth $11,100 SQ....invested $2100 (56 shares), worth $7464 I own 11 other stocks of which 8-9 are losers (about $28K worth of unrealized losses)
Going to be rough. Russia probably invades Ukraine, tensions build with China until midterms. I think diplomacy will solve the China problem after the midterm elections. Yield, gold, energy, interest rate sensitive, dependable growth. NEM, ENB, OKE, C, VIAC, PLTR, IBM, PFLT, IRM. Positioning for 23, KWEB, TLRY.