PLTR appears to be never gonna be profitable
$Palantir (PLTR.US)$ My curiosity is why PLTR still cannot be profitable, been operating 13+ years this situation is quite skeptical.
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Roy Peck : IS Cathie Wood lying to us.?? A $28million should be able to move the share.. Why.??
dsrajapaksa OP Roy Peck : One thing I know about Cathie’s investments is most of them are highly speculative with the context of short-term investments. However, most of the ETFs Cathie hands has a long term upside when technologies are mature. In this case Cathie’s speculation is very long, about 10 year PLTR will give better returns. I bought at $10.98 and I’m still a holder. But the revenue to cost ratios is keep growing for PLTR which is quite skeptical.
Roy Peck : I'm a short term investor...
B Kim dsrajapaksa OP : Is it 2 yrs ago u bought this share? Wow. Very patient
chrismemo : wow