$Palantir Technologies Inc.(PL

Downward trend is on. From this point, I am adding more to my puts and short on Palantir till it reaches $35. 4 Nov earnings likely to be disappointing as you can see CEO Alex Karp selling millions of shares, before earnings report.

I may be wrong, but no harm buying some cheap PUTs at around $38 or $39 region.

@东北星：As mentioned previously, $Palantir Technologies Inc.(PLTR)$ is overpriced at the moment. Even if 4 Nov Earning call hits estimates, the stock price is still overvalued. Looking at the current PE, PS, it is more likely to drop then continue its run to $50. For me, I will patiently wait for the next buy in stop point at $23 to $25, while I browse other valued stocks. Remember the teaching to buy when everyone is selling and sell when everyone is buying? Do your own diligence and do not follow hype.

Palantir Hits $70: Is It the Next AI Multibagger?

On December 3rd, Palantir Technologies announced a new government security designation, allowing it to handle sensitive US government workloads in its cloud offering. Following the news, Palantir jumps 7% and hits new high of $71. ------------------- Is it the next AI multibagger? Will you hold Palantir for long term?

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Comments

Avenite
10-31
Avenite
Jensen selling sold millions of shares too so that’s an idea of sales dropping I see… 🤣
- 东北星:
  well, the CEO sold at $45, gotta have his reasons for doing so right? i guess he probably needs 254 million to buy something

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Following the news, Palantir jumps 7% and hits new high of $71.\n-------------------\nIs it the next AI multibagger?\nWill you hold Palantir for long term?","image":"https://community-static.tradeup.com/news/9ab12f850dbb913ebecdb75afa7253fe"}],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp;\nDownward trend is on. From this point, I am adding more to my puts and short on Palantir till it reaches $35.&nbsp; 4 Nov earnings likely to be disappointing as you can see CEO Alex Karp selling millions of shares, before earnings report.&nbsp;\nI may be wrong, but no harm buying some cheap PUTs at around $38 or $39 region.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp;\nDownward trend is on. From this point, I am adding more to my puts and short on Palantir till it reaches $35.&nbsp; 4 Nov earnings likely to be disappointing as you can see CEO Alex Karp selling millions of shares, before earnings report.&nbsp;\nI may be wrong, but no harm buying some cheap PUTs at around $38 or $39 region.</body></html>","text":"$Palantir Technologies Inc.(PLTR)$ Downward trend is on. From this point, I am adding more to my puts and short on Palantir till it reaches $35. 4 Nov earnings likely to be disappointing as you can see CEO Alex Karp selling millions of shares, before earnings report. I may be wrong, but no harm buying some cheap PUTs at around $38 or $39 region.","highlighted":1,"essential":1,"paper":1,"likeSize":629,"commentSize":2,"repostSize":26,"favoriteSize":0,"link":"https://ttm.financial/post/366028319428640","repostId":365700755386600,"repostType":1,"repost":{"magic":2,"id":365700755386600,"tweetId":"365700755386600","gmtCreate":1730283084068,"gmtModify":1730407801995,"author":{"id":3555028347433171,"idStr":"3555028347433171","authorId":3555028347433171,"authorIdStr":"3555028347433171","name":"东北星","avatar":"https://static.tigerbbs.com/0f926b776e0fbd431d86e05b1b63f9e0","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.46%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":211,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>As mentioned previously,&nbsp;<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> is overpriced at the moment. Even if 4 Nov Earning call hits estimates, the stock price is still overvalued.&nbsp; Looking at the current PE, PS, it is more likely to drop then continue its run to $50.\nFor me, I will patiently wait for the next buy in stop point at $23 to $25, while I browse other valued stocks. Remember the teaching to buy when everyone is selling and sell when everyone is buying?\nDo your own diligence and do not follow hype.&nbsp;</body></html>","htmlText":"<html><head></head><body>As mentioned previously,&nbsp;<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a> is overpriced at the moment. Even if 4 Nov Earning call hits estimates, the stock price is still overvalued.&nbsp; Looking at the current PE, PS, it is more likely to drop then continue its run to $50.\nFor me, I will patiently wait for the next buy in stop point at $23 to $25, while I browse other valued stocks. 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