02-16-2021, 03:22 PM
(02-16-2021, 03:03 PM)fenders53 Wrote:(02-16-2021, 02:41 PM)vbin Wrote: I think it's worth to the least sell covered puts in PLTR. I have a few friends who are in similar tech space of data and there are 2 things worth noticing about PLTRI always research before a big investment and appreciate the more knowledgeable input here. I ask here because I usually don't understand the tech. I can look at the current financials on the future tech and it's usually very shaky vs SP. It's pretty clear the market doesn't care about that for now.
1. The barrier to entry is huuuge.
2. Pltr moat keeps growing.
There are a lot more things to say and honestly for serious investment you should spend some time researching it.
Lockup expiration is what I was waiting for, approx 3 times more stocks have become eligible for sale so do watch out for volatality. But a huge number of those eligible stocks are owned by founders. I would double my positive below $20, and triple below ($15, if it ever goes back there).
The one question I have is if the MOAT is solid why are they struggling to even make any profit today? It's not a new company right?
This stock has been hyped since day 1 and just about ever board you visit says buy this stock. From buy buy buy its going to $100, to $50 this week lol. They missed earnings and rev estimates. And came in at negative 8 cents compared to 2 cent expected. And based on amortization contracts not sure they deserve a 53 billions market cap already. It's also a heavily shorted stock as well. Seems expensive even at $28 a share. They have a bright future but if I had the choice between PLTR and KTOS. My money is on KTOS. Its a name I own.
Don't get me wrong. PLTR will be a nice company is a few years. There just not there yet. If it gets to $20 I will buy for sure. I played it from $18-34. Hoping to do it again lol