I disagree with the author. Hope is not a strategy but buying a competitive business at a lower price is. Despite all the hoohah and the pullback, nothing has fundamentally change looking at PLTR business. The moat is there and if you notice there is not a competitor operating in the same sphere to be able to compete with them. Yes, sentiment is driving the stock market and the stock prices may not justified in any way from a fundamental point of view at times - this is how money is made in Wall Street. People start to fear if they do not understand PLTR business. For those who understand and continue to have conviction to DCA will eventually make a lot of money. We have seen this in TSLA and now PLTR. If DoD is to cut defense budget, the only logical way of d
What the author shared is quite true, but he is disregarding the fact that TSLA is so much more... energy storage, neural technology, SpaceX, solar energy, FSD, SAAS and much more... instead of categorizing it as a car manufacturer, unlike Toyota or GM etc., we should be looking at it as a tech innovator that will help shape the future, and this is wat a traditional manufacturing companies lacks of... they are still burden with their own ICE vehicles which are gonna be obsolete in near future, and cost of transformation is so huge that I think many may not survive.
Get more if it ever reach 49.95, but I fear it may not even get close to 50! Fundamental is important but one's understanding towards the business is even more critical. If you think bulls are out of their minds at 120.00 then you will have to assume bears are insane at 6.00 too. Lesson learnt is fundamentals don't win all the time, it is the simply the modest version of the two extreme world the stock market is seeing.