HLPA
05-07

$Palantir Technologies Inc.(PLTR)$  Take care guys as the shate price will trend downwards post first quarter earnings report.  Granted that sales expections had topped out, the company saw its commercial growth fell from 70% to a low 40%. This is largely due to its over-hyped artificial intelligence (AI) capabilities. Many think PLTR is that cutting-edge generative AI company which in fact it is not unlike META, MSFT or GOOGL.

PLTR share price shot up just before trading closed to over $25 and continued to climb above $26 as the earning report came out, only to then drop to the low $22 before recovering to $23ish in post hours trading. Will PLTR share price stay above $23 when markets ooen at pre-market and stay higher when normal trading starts later? I doubt it will. CEO Karp is the one who would bring PLTR shatmre price down together with many of his colleagues as the share price trend upwards. They sell their share options in order to cover all their taxes. This happened many a times, so do not chase the stock up. When peice drops, biy up on the dips. That is the way to go trading PLTR. All the best my fellow Tigers and do do your due diligence and trade your own books, do not FOMO!

# Can Palantir Return to $25?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

  • Top
  • Latest
  • KOne
    ·05-09
    Wooh, manipulated much? Gap up gap down, lol
    Reply
    Report