Strategy 1
05-07
$Palantir Technologies Inc.(PLTR)$  Long term bullish and overall solid company but need to face reality. Palantir amongst others has run high but along with that expectation run high likewise. 

Looking at earnings and growth government sector is still declining and for commercial although growing by 30% the previous qtr growth of 70% set the bar too high. 


For me this is expected after many boot camps there is going to be an initial rush with new customers on boarding but this will level after some time. Given current sentiment palantir joins several others who's Stock have run high and only flawless earnings would have guaranteed no partial sell off (aka smci, amd, sofi,...) especially given high valuation.

What disturbs me a little for palantir earnings are two analysts (bush, Citibank) declaring just before earnings that result should be good. Peculiar timing and I feel for those who bought at 25,- before it plummeted.





Modified in.05-07
"Ouch" for Palantir! Time to Bottom or Sell?
Palantir beat earnings expectations for the March quarter, but its stock dropped over 11% in extended trading on May 6 due to slightly lower guidance. ------------ What's your target price for Palantir?
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Comments

  • BirdieO
    05-08
    BirdieO
    It's unfortunate for those who bought at a higher price and saw it drop.
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