Why I Bought PLTR?

a9032
09-20

$Palantir Technologies Inc.(PLTR)$ As an inflection investor, my strategy revolves around making difficult, often contrarian, decisions at key moments of change in a company's narrative.

I make moves when others are either overly enthusiastic or too pessimistic, always seeking value where it is hidden.

Palantir has been an exciting journey, but the fact that PLTR's CEO, Alex Karp, sold 10% of his stake should raise questions from its shareholders.

While some might view this sale as insignificant, it signals to me that even the captain may not be fully confident in the ship's future course. Combined with the high valuation and the uncertainties ahead, this diminishes the investment’s appeal.

In investing, it's important to know when to hold 'em and when to fold 'em—and right now, the odds for Palantir just aren’t stacked in my favor. In short, I’d rather be ahead of the curve than left behind on a sinking ship!

AI Companies and Industry DIG
AI is a marathon, not a sprint, it's a mega trend. Please share you Insights or comments on companies or technologies of AI industry.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment