$Palantir Technologies Inc.(PL

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$Palantir Technologies Inc.(PLTR)$ The reality is: many people buy a stock when the stock is high, they know it is not cheap but they believe it will be fine for long term. Such mentality makes sense. However, the price can drop for many reasons: bear market, surprising or less encouraging news from company, competition, even there is no big fundamental change. When that happens, the price can drop significantly for growth stock. And if such correction takes longer than investors expect, those who bought at high would face real test concerning if they can hold for years, and as matter of fact, a lot of them can't pass the test at that stage. The stock is up almost 350% YTD - everyone is being greedy.

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