FrankRebecca
2023-11-16

I spoke to my dad about $Palantir Technologies Inc.(PLTR)$

Remember how it was a risky stock at $6?

Not at $20 with all the baked in expectations now it’s good for all the analysts to start recommending it.

I don’t get this. I think there was almost 0 risk when it was at $6 dollars. It was priced to be a stagnant consultancy. They had 0 expectations priced in. If Alex Karl didn’t bang on the table the stock was going to go up.

And now at $20 we have risk. The price is almost to perfection. If somethings are a little bit slower the stock plummets. So in my view you are taking the most risk now.

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