Daily $PLTR discussion thread! Come here to talk about the good, the bad and the 💎 🙌
By - AutoModerator
Also, bought a copy of The Contrarian. Just started it, but will give you guys my take on it once I finish, but I’m excited to see a normie’s perspective on Thiel’s 4d chess mindset personally.
Tried selling ccs on thursday. Had to buy them back. It hurt my soul too much realizing I might lose my shares, even though it was only a week out. Realized that day, I like having all my PLTR shares more than I like having any amount of US dollars. It just feels too damn good to own this company. I love you all.
Can we enforce 'post positions or ban'?
Night fam. Enjoy the weekend.
Monday we ride!
What happen to pltr if, if pltr get big portion of JEDI contracts?? Short squeeze or Gamma Squeeze???
There is no squeeze.... It would just be a huge raging boner pump in share price because more people would be buying in due to FOMO.
Need some more big dip to shake off those questioning and mumbling.
Hopefully were consolidating. I do always wanna see some more volume.
I was expecting a bigger retreat due to macro uncertainty and did not take advantage of the dip this week.
I now have a bit more cash than usual for buys next week. It does appear that PLTR’s base is much stronger than it was 6 months ago
Yeah I was expecting a bigger dip and was ready to go.
Bye my 28 CC. I'm sorry boys, I'm now truly a bear. Lets see what happens in the next 3 months!
Sell 26/27 CSP
pretty close to the plan! :)
Just buy back in at $28.50. Don’t miss the run to $37.
If we run to 37, I won't miss it completely, but I will miss about 80% of the run from my previous position. Honestly, while I would be upset, I would be ok with it. I don't think the stock should trade higher than 37.32 based on the P/S multiple of 45, one that is among the highest in market history. Yes we have hit that number in share price before, but I don't think it was fundamentally sound, hence the share drop to the 20's/teens. I can obviously be wrong, but I am collecting around 25 as best I can, but don't personally see a held breakout for a little while yet.
The next earnings will once again change my perspective to be sure. I hard bought at 25, limped at 18 cause of fear of valuation/momentum, and will now trade/invest based on the plan I made.
I think we are too volatile to stay in a bull run without any significant dips, which is where I will be looking to re-enter as.
I stated once before, should PLTR somehow put up really poor performance on top line growth in the following 2 years, share price could dip as low as 19ish again- Rev growth of 20%, P/S of 20% and dilutions giving us around $19 in share price. I don't expect that, wont trade on that, but because I have looked into it, won't trade options on it, and will look short term to buy in lower.
The numbers above can still account for 30%+ CAGR as management states if 2021 growth is 40%, 2022-20223 is 20% , 2024 is 35% and 2025 is 35%.
Again, I do not plan on those numbers, but since I sold my CC for 28, I will be looking to buy back under that price. You can remind me later if we never go that low (I would ask it be at least 3 months out...).
You should be fine. I have 70k shares with cost basis in the teens so I don’t worry too much.
So happy I bought my 28cc’s back even if it was at a loss
I let my shares go. Last time I covered for a loss, we went back down to 22. It may sound unreasonable, but my plan was if we broke 28 before the next earnings this time I'd let most of my shares go for 28 and wait and see if I could buy back in. I still think fundamentally we should see 30-32 by EOY.
I let some go on a 28cc today. It’s a small lot that I Just use to wheel and I keep the rest of my shares long term. Will sell a put Monday most likely or on the next dip whenever that may be.
Edit Pit to Put
Why not just buy your CC’s back when’re they’re right at the money? you’ll lose a bit on the options but you’ll hold your shares and not have to worry about tax if you’ve got a cap gain
I do that sometimes. I'm just trying to run a true wheel on these 100 shares for a few months and see what happens. I sometimes will post that I bought back for a loss and then I get 3 replies that I should have let them get called away and sell puts on it next week... Just trying to break it up some. I want to sell puts for a bit on it again.....just to break up the boredom. lol
Another day where bears go home hungry. Sad life.
When will they learn Juba..
They wont learn. They'll just go into hibernation, like Toha
I was promised by clowns that PLTR was going to 22 by today. I am not amused!
Well they are 🤡. They shouldn’t be trusted. 🛫
What are the chances PLTR goes to 30 by next week?
Unlikely, but I'm betting 30 by the following and 32 in November. 40 is the goal post earnings on a spike.
I hope y’all all survived the great Cathie sell off of 2021, ironically of 21 cents.
Bears are clowns who will do anything to avoid admitting defeat and I predict the next FUD will be rising bond yields.
Watch how this played out for them and don’t allow yourself to be shaken out of your positions.
Have a good weekend all, even bears
Down .21 ... Looks like I'm only getting $150 worth of sushi tonight and not $200 worth. Thanks Cathie 😡😡😡
Should I spend all my BTC on PLTR?
I mean on the software, I wanna be handsome like Karp
Just learnt today that my company is using the Foundry platform for data analytics.
Use it where I work too. Incredibly powerful stuff.
Excellent. Good for all of us!
Merck KGaA - headquartered in Darmstadt, Germany. Has three divisions (Pharma, Life Science and Semiconductors). In US/CAN, each of these three division operate under separate names: EMD Serono, Millipore Sigma and EMD Electronics. They cannot use the Merck name due to Merck & Co (ticker: MRK).
I have heard that the pharma division was using it sometime last year. Looks like the semiconductor division has also been using it.
PLTR consolidating here and blast off to $30 next week
PLTR week in review: [https://www.reddit.com/r/PLTR/comments/pupe56/pltr\_week\_in\_review\_evergrande\_edition/](https://www.reddit.com/r/PLTR/comments/pupe56/pltr_week_in_review_evergrande_edition/)
not over yet but salient points remain
Legendary video already
I had a dream that Karp told me to buy LEAPs.
Now I want to but idk shit about trading options.
Go there, find the call you are thinking of buying. Check what the breakeven cost will be and pretend like you know what you are doing. Then buy to open the call.
ngl i thought we'd get smashed today after yesterday's run up but this 28 support is really nice. me likey
I like this new resistance
I really want to get Jan 2023 35 or 40c's but I'm waiting for a good drop first. Maybe it's retarded idk.
Retarded? Yes. But it’s also plausible i could see 40-50 easy by then
It depends on how the rate shit is going by then
Fucking true dude, or if they just keep printing money and the bubble pops either way gonna be an interesting few years
If the bubble pops, WSB meme stocks like PLTR will not survive. Just look at the dotcom bubble burst
Found him! 🤡
Mr. Cohen sold shares today if anyone cares.
Another great week, extending the momentum from the rally started on August 12th. Solid buying pressure on little news. Can't wait for another good earnings report.
PLTR week in review video is done. get your popcorn and drinks ready
Sold PLTR today as a lot of bad news coming from China with Evergrande and Bitcoin trading illegal in China. I suspect that more Property developers in China are also over-extended and not just Chinese banks affected. More down news on Monday
tbh evergrande isn't actually fully resolved... but hey you might be right.
The ccp want to maintain stability at all costs cause of uprisings. If evergrande were a systemic risk they would just bail them out if they aren't secretly doing that already.
Why no comment history?
Just joined group
"nO hArM iN tAkInG pRoFiT BoYZ. I'll JuSt bUY BaCk LoWr" 🥴🥴🥴
I pray to Karp that an institution takes their shares and they never get the chance 🙏
That is why I just buy buy buy and average down, I’m not taking the chance of not being able to buy back at good prices
Average up you mean.
If we close at 29$ or close to 29$, that would be very bullish imo
When do y'all reckon we hit $20 again? Kicking myself for dumping at $29, I thought it was going to go a lot lower
In my opinion, we would only see $20 again if there’s a market crash… but when that happens, we’ll have more problems to deal with.
Obviously know one knows dip shit. Asking for opinions
27.50 & 26 strong support
Premiums look pretty nice right now for ccs. Like 3% ATM for 7 days out. 29 has been such a hard ceiling it's tempting.
We tested 27 for 3 weeks and i was killing it...until last week when it killed me lol
All the data analysis stock are falling today Datadog, Asana, SNOW, PLTR you name it. Wonder why? We are actually the best performing rn.
High forward P/E stocks aka growth are always the first fucked when markets decide its time to sell
Probably a sell off among growth stocks. ARKK dropped 2%+, FFTY dropped 1.7%
Who is buying all the dips recently, you lovely muthafuckas?
I only buy high
Over 9000 eod
all in on 40$ calls?
Man today is such a bummer. It did way worse than I hoped it would. I thought I would get so much more. So much more karma on my Metal Gear/Palantir Meme.
\- this is a joke trying to get you to think I'm sad about the share price.
That was a true gem! Nice work on churning that out
Lets keep it up above $28 MM will push it down but lets work together
It's holding strong at $28
How do we work together o.o buy more? My funds are out heh
Bear trap or bull trap?
I hope the gods of palantir hear you.
Just blue ball trap
RIP to whoever that bought my $30cc that going to expire worthless today
Whoever bought my 29cc 1dte yesterday, I hope you day traded it.
how many pennies did you get for that lol
1,500 pennies. lol. Couple of cheese burgers and a small tots.
Not bad! Did 30% of those pennies go to commission fees
Nah that's after commision. 30%??? That's pretty high. Is that what you get charged. I used Schwabb for that trade but I don't think it's anything near that.
Not sure what my broker charges for a cc. I was just thinking 5$ for the trade seemed like a reasonable amount I don't know how commission on ccs works.
Hmmm. I just went in and set up another CC preview to see what it is with Schwab and it's only .65 cents one way. So I feel like that's not a bad deal. Didn't execute. lol
Said it yesterday, but will also say it again here. Stop making the Arkk sale bigger than it is. Despite the sale it is still her 11th largest position in the fund! She still has over 23 million shares. Yes, there was a sale by her, but there was no readjustment of Palantirs position in the fund.
This also goes for ARKW, where the sale of shares had no impact on its position in the fund. Still stands as the 14th largest in the fund.
Market cares more about JPOW rn.
Jerome Powell speaks today, ladies and germs.
PLTR has had a wonderful run up now Cathie is selling to take profit! Congrats to my apes
somehow feel that saying that Cathie "take profit" is not really accurate to what she is actually doing....
Is ark taking profit?
They sold ~1.9m shares yesterday among 2 ETFs.
Nice, i sold as well planning on buying back at lower prices
Had a dream I'd sold 10% of my shares at $17 yesterday and it went to $21+ today.
Don't be dream me. Hold till $200.
asana .. enough said
Omg Look at these red premarket numbers, i had the right feeling yesterday to switch to sofi, wow I am such a genius! See you on the moon 😉
Don't you have a new sub to haunt then?
!remindme 3 months
I will be messaging you in 3 months on [**2021-12-24 14:22:25 UTC**](http://www.wolframalpha.com/input/?i=2021-12-24%2014:22:25%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/PLTR/comments/puct4q/daily_pltr_discussion_thread_come_here_to_talk/he3exyy/?context=3)
[**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FPLTR%2Fcomments%2Fpuct4q%2Fdaily_pltr_discussion_thread_come_here_to_talk%2Fhe3exyy%2F%5D%0A%0ARemindMe%21%202021-12-24%2014%3A22%3A25%20UTC) to send a PM to also be reminded and to reduce spam.
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Dude clearly a troll post… who says “wow I am such a genius!” unironically. The triggers are pretty cringy to read
Sofi up 2% and Pltr down 2%
Who told you so, the genius :D See you on the moon ;D
Lol u really changed from pltr to sofi? Tbh both are good after sofi got their digital banking license but okay… you do you.
Sofi down more than PLTR premarket 😂😂😂😂😂😂
Also PLTR went up 3 times more than sofi yesterday...
ahh, nothing like waking up on a Friday morning, coming to the pltr thread to boast about
I just need oneeee more buying opportunity! Want to get to 3000 shares. How many y’all have??
Doesn't matter much how many I have. I allocated 30% of my portfolio to it. Pretty concentrated.
Pltr bulls during red days: “Ah shit here we go again, back to bagholding”
Pltr bears on green days: “Haha you idiot joke’s on you, I swing traded, bought on the bottom, sold on the top and waiting to buy back at (current price - 50%) soon”
Palantards like me regardless green or red:
PLTR too high, IMO
-Cathie Wood (probably)
why downvote man? esp knowing the reference and what happened to the stock after that tweet..
i don't think we should downvote cause of certain people... i mean, the author also doesn't act fully on what he says anyway.
Do the downvoters not get the reference?
Edit: oh I didn't even notice the author. Nvm I'm downvoting too
I suppose they’re downvoting the author, not comment itself (which is funny)
Let's crack 30 today baby!
Lmao /u/bearsRfukd will come talk shit in the wsb daily thread but can’t come back to the pltr daily after being proven wrong…
Cathie won’t save your reputation even if we sell off tomorrow, you spammed pltr to 22 for days prior to knowledge she was gonna sell some
Congrats on ur 50 28C man… !
Thanks bro, between that and the shares it’s been a nice couple days! Hope you’re making money as well!
when I saw the stock rebound after the Evergrande monday, I rmb that yolo you made and thought "This Houston\_swimmer is swimming in profits.."
"Local man yells at clouds because he doesn't understand how to swing trade"
Hey I’m not the one who relentlessly spammed the pltr thread with wrong predictions all week then ran off when he was proven wrong.
Hell I even told you I’d give you credit if you were right but you weren’t.
Swing trading has nothing to do with it, you made a prediction, got blown out on it and can’t shut up about it now lmfao
Did you see me posting my positions? It was CASH GANG with small put bets this week on SPY and PLTR.
Not blown out at all.
bears always down play their losses 🤣
that's the thing I don't get, why don't they have a sense of humor about being wrong? a lot of bulls describe their losses
Oh so you were all talk then cool.
FIRST BABY! LIGHTWEIGHT BABBBYYY!!!!
This has way too few downvotes rn imo
So lets see how many posts we get today about Cathy rebalancing... Or how bears will call it: SHES JUMPING SHIP
Edit: Pssst Gatsby :)
Waiting for the Cathy posts still
Ye I am honestly surprised. Happy, but surprised
greetings loved one
You've disappointed me sir. Always sad to see people decline in their career
Oh wow he missed it today then haha.
So I'm unfamiliar with CW's Ark but I'm guessing yesterday's jump in price forced them to rebalance because of their risk appetite?
An ETF has to maintain the allocation of the stock in the ETF. When stock price moves up drastically, it will cause the stock to become overweighted in the ETF. So fund managers will trim off some to bring down the allocation.
I think they have a set allocation per holding predetermined based on fundamentals and conviction. If any one exceeds too much they'd probably trim and vice versa.