$Palantir Technologies Inc.(PLTR)$ 

Palantir reported a favorable earning just after market closes yesterday, todays pre-market Palantir is up about 13% as of when this was written. Not gonna bored you with numbers (can get them just about any news articles, just wanna share an observation instead. The past weeks, Karp has been very active on the medias, interviews after interviews, when a company isn't doing well the key man usually would keep a low profile especially staying out of the media limelight  Perhaps that was already a telling signs to get into the stock before they explode, and explode they did  Many argued that Palantir is over valued, and similar things were said even they were under $10  They are closing in at $50 now - too high to get In perhaps 🤔 sometimes it is not possible to use intrinsic value to evaluate a business or company especially when one is very niche In that field Of expertise  Looking to add more positions into my holding, sold 2 cash secured put expiring this Friday, both below $40 strike, once market opens, those 2 Put contracts will become worthless thus be keeping the full premium collected tog to chase this fellow  

 

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# Winning Trades

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  • TigerOptions
    ·11-05 21:41
    Nice observation ! Will take note next quarter [LOL]
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  • NewmanGray
    ·11-06 14:55
    Great observation
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