05-04-2021, 12:40 PM
(05-04-2021, 12:33 PM)Otter Wrote:PLTR is the position I have the least understanding of in my port. It's an extreme violation of my investing rules but I have to have some spec to keep it fun. I put some trust in your opinion though. I keep selling PLTR puts every few weeks and make income. Eventually I may be sucked into a few hundred shares and I'll ride it out with you.(05-04-2021, 12:29 PM)fenders53 Wrote:(05-04-2021, 12:27 PM)Otter Wrote: Bought the PLTR dip today. LOL.The everlasting dip. I may do the same but a put sell in case there is more falling knife action.
I remember when the Seeking Alpha comments section was mocking all the bagholders who bought SQ at $100 in 2019. Those are some happy bagholders today. I should have averaged up on my position, with hindsight being 20/20.
I think PLTR has more potential upside within its business area at higher margins/ROI over time than SQ does.