$Palantir (PLTR.US)$ Long PLTR. Increased short interest cou...
$Palantir(PLTR.US$ Long PLTR. Increased short interest could help propel the stock higher with a short squeeze if the next earnings report on November 11th is another blowout quarter. The main thing that concerns me about the stock is an elevated price/sales ratio. It could tread water and build a base for a year. Opportunity costs if the overall market continues higher. That said, I believe this is a good one for long term investors.
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NeedSomeAnswer : 5% short is nothing, let alone enough to precipitate a short squeeze
Dan Thunderbolt NeedSomeAnswer: Agree. I feel like we are splitting hairs here. 10% increase from 5% short shares. Kinda feels like a stat from a politician....
Giants1967 : We have to remember that this is super volatile company with 40mln vol each day on avg. So sure we will see shorts each time price goes up above $23+. But.... Palantir somehow builds very solid fundamentals adding new business each month. This could be behemoth sleeping.