$Palantir Technologies Inc.(PLTR)$ I had an average basis of $16, and started selling at $37 (130% gain) and just sold at $65 (300% gain). I have maybe 10% of my shares left. Not trying to show off, for me it has been more about luck and dart throwing. This process is just so random--my gain is tremendous.

Am I missing out on an $NVIDIA Corp(NVDA)$ -like 10-fold gain? It doesn't matter, I'm happy with the results. Where can PLTR go? Obviously, higher, but also lower.

I do agree that fundamentally, PLTR is in the stratosphere, but that won't necessarily stop momentum from going farther. The real question is whether PLTR can continue to produce results similar to recent quarters. That will have a lot to do with how big the TAM is. So a "beat" has a chance to keep the party going.

On the other hand, my guess is that a single disappointing quarter will cause the stock price to be punished. If that happens, depending on how far the price declines, I might add shares. For now, I'm almost out of shares.

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

  • Top
  • Latest
empty
No comments yet