Palantir Technologies Inc
$0.19 (1.49%) Today
52 Week High
52 Week Low
7 Days Mentions
Had to sell most of the stocks when they are down 80 to 90% to free up cash. Though I could have added cash to my account, I didn't want to keep add and lose them. Wanted to limit how much I have invested. Did I made right choice? How are you guys handling yours?
I feel like I'm the worst kind of retard. A retard in purgatory. Destined never to be smart enough to sell the top, but just smart enough to sell slightly above cost to avoid losing money on the dip, But then not smart enough to buy the bottom, but rather buy the middle again, and repeat.
I’d hold onto NIO, CRSR, and PLTR and dump the rest. Reinvest in some blue chips and broad market index tracking ETFs as growth is probably going to stagnate for awhile under these market conditions. And most of those companies are just straight up crap tbqh.
Hey! First off, sounds like you are at Rivian. Love the cars (I have a preorder for the R1S and R1T). Okay so my advice is to sell immediately and diversify based on the assumption that the majority of your net worth is tied up at Rivian which is very risky (not in a sense that I think Rivian is risky? But in the sense that all your eggs are in one basket) My partner went through the exact same situation when PLTR went public. Basically the advice my partner got from their wealth management person was to not play games with the share price and try to outsmart the market. It’s to risky when you have all your eggs in one basket and your wealth is tied up to the performance of one company. So basically my partner sold everything when available. Now that my partner is at another start up that’s planning to go public in the next 3 years, their financial advisor said that they can now play some games on share price and tax games now that the majority of your net worth is not tied to one company. Morale of the story is to diversify and not focus on the what if’s at this point.
If we dip hard over next 4-8 weeks into first first hike.....what are you looking to add to your long term port/leaps? For me port...MSFT, AMD, AAPL, COST, BA, GOOG....leaps on F, TTD, DIS, BF.B. Gamble on FUBO at $8, PLTR at $7
I don’t think you have lived through a crash. A crash by definition is an abrupt double-digit percentage drop across a major cross-section of a stock market, resulting in a significant loss of paper wealth. While there’s no strict percentage, given how inflated this market was, I’d say anything short of 20% is a correction. Certainly some individual stocks have and will crash, like PLTR, Bc the valuations were just insane.
Day after day BABA, PLTR, CLOV, WISH, SDC, anything Chinese really... Just drilled but I never bought puts. Don't know why. Probably because I see so much fucking spam here I probably thought *someone* is bullish
All of those are reasonable, although the life changing gains ones are probably not going to change your life. (Unless youre putting a shitload of money in it). Still, I expect PLTR and DKNG to recover quite strongly eventually.
permabulls, if you marry a rich older lady(the older and the richer the better) and get into her will, and then slowly grind up glass and put it in her applesauce, in a few months her estate will get you out of the hole you dug for your self buying shit like CLOV and PLTR At the top
This market is so fucking lost why would anyone invest long term in any stock right now. Everyone was talking "Hold PLTR the best long term stock rn!" at an average of $20 & now they're $13 lol. Granted they're a good long term still but $7 is a huge difference lol.
The most basic advice that produces slow but steady winners : put your money in VOO or VTI or whatever broad fund you like until you're ready to move some of it to individual stocks or options. If you never get to the point that you want to move it to individual stocks or options then you end up happy anyways. I'm currently at the part where I dabble lightly with selling covered calls because I don't feel like being too risky. Others like to buy calls that expire same day or sell naked puts like the OP. The important part is to identify where it can go wrong, and do what you can to avoid that or accept the outcome if you don't. Now watch me buy some PLTR calls. Just kidding. Maybe.
>As I understand it, they analyse to try and figure out what you shitheads are gonna do next, what the next meme stock is, and so on. You say that like the moves made on WSB end up with 200% overnight gains. Most of the time they dont (CLOV, WISH, PLTR looking at you). Also there are already websites out there that scrape all the data from WSB, collating popular tickers and trends over time etc.
Shrug, one random YouTube analyst has a price target of 42 in a worst case scenario, that was pre this current downturn. It’s streaming service isn’t as widespread as Netflix yet so it can grow there. It’s also acquiring other Spanish language media companies in South America so maybe it’s expanding beyond the US. But I buy it for value. For a risky growth play, I have PLTR. It’s not making money but they are debt free and I think are not in danger of going bankrupt but may be in a space that isn’t crowded like your EV stocks like RIVN or LCID. It could go down lower to 5 so I am holding just a few shares bought at 15 and will buy more if it tanks to 5. They do intelligence and data analysis software.