To The Moon

$Palantir Technologies Inc.(PLTR)$ 

Interesting business, interesting times. I am Daniel, an avid retail investors focusing on a value, growth and momentum investing. My aim is to trade for 3-5% profits through swing trades, minimising losses. Follow or friend me if you wish to see more of my comments.

Here goes:

As we all know that PLTR is in the business of security, cyber or data security. Security is very much similar to us as individuals buying insurance.

Most of us wouldn't buy insurance on our own until we reach a certain age, particular the age where we start to get bombarded with information as to how our bodies can possibly fial us. Same with security services, money is poured into security/ defence when one feels insecured, when there is something to protect.

Of late, we see that PLTR is announcing major contracts every few weeks. I can see that is likely linked to the troubles happening locally and abroad. Given the landscape, we can clearly see the strength in PLTR, we see the stock price increases with every major sales announcement, rather than a sell on news/ pump and dump situation. The public aligns with the businesses in these decisions for security services. 

Unless the global issues eases in the next 3 months, PLTR should be closing in $40 by the end of 2024. However, if you are not already vested, it will be a Hold. Simply because worldly affairs are beyond our control and things very change very abruptly. 

Happy Chinese New Year folks!