Palantir Stock Discussion

105446847rich : yes..expected if will more down..manipulate by big institut

RebornRich : Its over priced market sentiment actions wins over media speculation

PayMaker OP RebornRich : Some consolidation is fine with me, a little side ways action is good. It’s not going to drop much further it’s not as overpriced as some would think. Watch this space.

Prem G RebornRich : i bought some at 71 and will continue buying if it dips. why would I give up on a company that’s part of the future?

PayMaker OP Prem G : 100%

cakok : President Trump and Elon Mask will make it great again.

cakok : Thanos used the infinity stones to rebalance the universe so that all long waiting hungry big sharks can have good opportunity to buy dip.

105446847rich : comment like this must be short a lot of this counter..

105446847rich : which one is not overvalued? u must be kidding?

Sweee OP 105446847rich : haha said the master shorter. I nv short in a bull market when greed override rationality. With this level of valuation on pltr, in the long term both the bears n bulls will get burned.

105446847rich : Hahaha...then which one is good company with good prices..

Sweee OP 105446847rich : i am not here to get anyone to buy any shares based on my opinion, if ur not sure what to buy can always bet on index etf, if returns not enough then apply some leverage, its as simple as that. Y risk losing ur money to bet on things u dont understand

Sweee : if u know options, u can do covered call and sell puts (below 16 delta) to reduce ur cost basis. On whether to hold on add more or cut loss, that will be entirely up to u on ur views on pltr. Its overvalued for sure but doesn't mean its performance will not catch up, u can hold till ur right but its going to take v long if pltr start slipping in their performance, remb wallstreet expectation will always go higher given the valuation, once pltr earning hits the ceiling that's when the true bloodbath will happen