its normal for stock to drop and get back up , the fundamentals , plan and the unqiue nature of palatirs business will warrant a premium for a ling time .
its a momentum stock , as soon as it drops , when the momentum kicks in with a catalyst ( lot of catalysts in the pipeline ) the stock will get back up in a couple of days .
look at regetti for example .
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Nihal A
OP
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good point , but , its always been that way though ? we shouldve questioned that and never bought the stock then ? there isnt a need to question that and trust not many would question it if the price kept going green every day
Nihal A
OP
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i wish i had more money , have cash backed options which might eventuate but lets see . I got into shares recently and bought it in stages , so in RED right now but i will hold , trust this will be paying off long term bug time.
Nihal A
OP
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im not mate , i am in red , its upto the situation evryone is in depending on where you nought it . my point is , current valuation is because they have something that no ine has and probably wont in a while , defence contracts are reoccuring and ongoing . eventually , the valuation will cathcup
Gainer42069 : Crazy….have you read their Financial Report? How can it worth 160billion?
Nihal A OP : good point , but , its always been that way though ? we shouldve questioned that and never bought the stock then ?
there isnt a need to question that and trust not many would question it if the price kept going green every day
MultiBaggers : I am buying more PLTR shares. Period.
樂仔 Le_Zai Gainer42069 : Agree, this stock at 20-30 already very overvalued but it went all the way to 80
Nihal A OP : i wish i had more money , have cash backed options which might eventuate but lets see .
I got into shares recently and bought it in stages , so in RED right now but i will hold , trust this will be paying off long term bug time.
Gainer42069 Nihal A OP : lol I see, you must be big winner, name other stock with 340 PE, I will wait.
Nihal A OP : im not mate , i am in red , its upto the situation evryone is in depending on where you nought it .
my point is , current valuation is because they have something that no ine has and probably wont in a while , defence contracts are reoccuring and ongoing .
eventually , the valuation will cathcup
Gainer42069 : You are correct mate, all the point is correct, but we all know everybody know, this is old news and already price in.
cychin37 : Super overvalued stock