Thoughts?
$Palantir (PLTR.US)$ A new partnership! However, I looked into SRFM's financials at a quick glance, they are massive in negative cash vs debt balance, and their cost of sales is almost as much as their revenue, even worse, their selling and admin expenses are nearly 30Mil, dumping their gross profit of 157k into a -34M operating profit. The highest their stock has ever been is only 5.00 too, this is more like just another customer to palantir, not a strategic partnership with a big player like Microsoft, I dont think this SRFM agreement will push the price up much if at all, depends on CPI data tonight to move the stock, not this surf air agreement thing. Remember, "Not bearish, just cautious."
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104248191 : very new industry. will take sometime to develop.
The Bunny Trader OP 104248191 : yeah hence its not going to make pltr rise short term like the partnership deal with msft did
104248191 : reap the reward later… now just slowly buy in. no rush