HLPA
02-05

$Palantir Technologies Inc.(PLTR)$  Now is not the time for PLTR to reach $20 again, much as I would like to see the stock hit that level again after all the positives the stock has shown in the last quarter. PLTE has gained more USgovernment contracts and also gained ground in the commercial contracts. Having said that, PLTR is not expected to conquer the everest as one would expevt with its superior AI qualities and yechnologies. Foreign entities view PLTR with scant repect as they see the company's ability to encroach on the privacy of these foreign bodies and governments. The UK, for one, questioned the contract it has signed with the National Health body over yhe possible loss of patients' privacy and wellbeing.

Yes PLTR is a growth company but not in the same league as the magnificient seven stocks like AAPL, NVDA or META to mention the top three. Further, PLTR share price   more often than not, retrrat backwatds after every rise due to employees selling off their stock options to cover their taxes and ride on profits, chief among yhem was the CEO himself, Peter Thiel, though lately he has toned down a little.

Best to ttafe PLTR is to scalp for profit each time it rises, buy bacl when it curls dowm again and wait patiently for the next rum up. Hiy $20? Not this year, perjaps next year after beefingbup more commercial contracts  and employees begin to hold their stock options for the long haul.

Will PLTR Hit $30 in March?
Palantir jumps nearly 10% after it secures a $178 million Army contract for TITAN AI-enabled ground stations, claiming it as the Army's inaugural AI-defined vehicle. ------------------------------ Will Palantir's bullish trend continue and hit $30 this month? What's your target price?
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Comments

  • YorkTurner
    02-05
    YorkTurner
    LOL. Agree, not this year. 🤣
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