The Bunny Trader
:
I feel 25, not 19 tho, theres a large gap up due to earnings, the same gap up NVDA had, and after a crazy rally NVDA crashed to fill that gap, for PLTR its at 25, I feel the recent earnings improved its fundamentals alot, along with the MSFT deal, and accelerating demand for its applications, AI in military is a legit application not some random make video from image fun tool. Given USA's spending on military, this is a game changer for Palantir along with adding MSFT to its partnership portfolio.
Nisdey
:
$Palantir (PLTR.US)$ has been hitting resistance at 30 for a LONG time. Its fundamentals are promising, however a pure play AI company with mostly public sector customers (skewed toward military and intelligence) is going to need a change in the executive branch before it will gain enough investor confidence to go-to moon.
104248191 : down abit make so much noise haiz
73139531 : why? have you missed the train?
Ojwoods OP 73139531 : No. I understand how this stock works
The Bunny Trader : I feel 25, not 19 tho, theres a large gap up due to earnings, the same gap up NVDA had, and after a crazy rally NVDA crashed to fill that gap, for PLTR its at 25, I feel the recent earnings improved its fundamentals alot, along with the MSFT deal, and accelerating demand for its applications, AI in military is a legit application not some random make video from image fun tool. Given USA's spending on military, this is a game changer for Palantir along with adding MSFT to its partnership portfolio.
Ojwoods OP The Bunny Trader : I guess you've never traded this stock before. It will go sub 20 in a blink
Donixu24 : the officer made annoucement to sell their stock (quite alot) on 20th Aug 2024, so we need to be careful
Nisdey : $Palantir (PLTR.US)$ has been hitting resistance at 30 for a LONG time. Its fundamentals are promising, however a pure play AI company with mostly public sector customers (skewed toward military and intelligence) is going to need a change in the executive branch before it will gain enough investor confidence to go-to moon.