东北星
10-31

$Palantir Technologies Inc.(PLTR)$  

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.

@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 Soars 30%! What's Your Target Price After Another ATH?
Palantir's Q3 revenue exceeded analysts' expectations, and the company raised its current operating income forecast, citing strong demand for its AI software in the U.S. Palantir's Q3 revenue reached $726 million, marking a 30% year-over-year increase and surpassing market expectations. Net profit was $144 million, setting a record high ------------------- How do you view Palantir's earnings? After hitting an all-time-high, is Palantir next Nvidia? What's your target price?
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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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