KarenAldridge
05-24

$Palantir Technologies Inc.(PLTR)$ This is by far one of the most valuation-inflated companies on earth. Nikola and Cathywood's Workhorse WKHS pick, at their prime prior to downfalls, pale in comparison. Some of its gov contractor peers (publicly-traded ones) have only a valuation 1/1000 (not 1%, but 0.1%) of Palantir's current valuation, because those companies seldomly diluted their shares for cash and compensation like Palantir does. Palantir as of today has close to 60% rev mix in gov contracts, most of which are low margin or negative margin even after employees working at reduced cost for diluted shares at below market offered to them. What gave Palantir the 1000 times valuation over its peers besides taken $3 Billion cash from shareholders through many many rounds of stock dilutions. Currently, I view this stock as a CULT, the bottom of this CULT could fall out some time. This could be the reason why its founders have been selling hundred millions dollars worth of shares at open market recently, even after the stock price had already crashed after earnings.

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Comments

  • NEXTTOME
    05-24
    NEXTTOME
    The stock feels like a CULT and could face a hard landing soon.
  • breezyk
    05-24
    breezyk
    This stock does seem like it could be overhyped and risky.
  • Kevinshn23
    05-26
    Kevinshn23
    Great analysis
  • assassinyj
    05-25
    assassinyj
    😂
  • KSR
    05-25
    KSR
    👍
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