Meme stock ?
$Palantir(PLTR.US$ $SoFi Technologies(SOFI.US$
These are retail heavy plays hence they are classified as meme stocks. But honestly if you look at the business model for both Sofi and Palantir, you will realise that they are actually doing the right thing ( from a business standpoint ).
Check out the companies they bought:
PLTR acquired Foundry and Gotham
SOFI acquired Technisys and Galileo
These are arsenals which would benefit them in the long run.
As for their customers, the more complimentary companies these companies bought over, the better services they can provide which in the long run makes their customers loyal. Now that’s really not a bad thing isn’t it?
As an investor, would u invest in companies that are working to retain customers in the long run or invest in companies that loses customers in the long run because they are not giving value added services ?
if you are worried about bearish sentiments, rmb that direct competitors won’t say good things about SoFI or PLTR as their success would mean the dilution of these competitors’ market share
These are retail heavy plays hence they are classified as meme stocks. But honestly if you look at the business model for both Sofi and Palantir, you will realise that they are actually doing the right thing ( from a business standpoint ).
Check out the companies they bought:
PLTR acquired Foundry and Gotham
SOFI acquired Technisys and Galileo
These are arsenals which would benefit them in the long run.
As for their customers, the more complimentary companies these companies bought over, the better services they can provide which in the long run makes their customers loyal. Now that’s really not a bad thing isn’t it?
As an investor, would u invest in companies that are working to retain customers in the long run or invest in companies that loses customers in the long run because they are not giving value added services ?
if you are worried about bearish sentiments, rmb that direct competitors won’t say good things about SoFI or PLTR as their success would mean the dilution of these competitors’ market share
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SideHustling : Much agreed!!