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 $25, while I browse other valued stocks. Remember the teaching to buy when everyone is selling and sell when everyone is buying?
Do your own diligence and do not follow hype.
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$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.