$Palantir (PLTR.US)$ I have observed numerous negative comme...
$Palantir(PLTR.US$ I have observed numerous negative comments regarding the short selling of this company. However, from an objective standpoint, the company remains profitable, with rising revenues, expanding commercial operations, and it is a robust participant in its sector.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Chocoloco : which means the company is good for long term but for its current stock valuation to hold or grow beyond 25, it needs to show strong growth guidance for next 2Qs based on wallstreet's prediction. Karp already said they dont care about the analysts, they will spend for the future
Learning never endOP Chocoloco: The prices of technology stocks have always been high, as their valuations are based on the so-called future potential value.
Chocoloco Learning never endOP: PLTR needs to justify its insane valuation. Yet the weakness in guidance for 2024 will bore off the speculators short term and will drop. Even at 15 it is still very much overvalued.
Learning never endOP Chocoloco: I agree with your points, but some cases simply cannot be justified with logical calculations. A prime example is Tesla a few years ago; the entire world deemed the stock to be crazily overpriced. However, anything can happen—prices may surge irrationally or the stock could potentially collapse.