It will not loose money, time

It will not loose money, time to sell

Palantir Surges 29% — Did Short Sellers Just Lose $3 Billion in a Day?

Palantir +29.45% Tuesday, taking the whole after-hours gap and then some, and carrying the S&P 500 and the Dow to records together. The move has put roughly $3 billion of mark-to-market losses on the shorts, and the covering feeds the tape. Fundamentals are underneath it: Q2 revenue +93% year-over-year, commercial revenue up ~150%. Snap ran the same script, +14.88% on 19% revenue growth and a net loss narrowing to $164 million from $263 million. The app layer has moved from story to earnings — but the last leg was short covering. What holds the price once there's nothing left to cover?

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