palantir stock
is this a meme stock or is it actually worth anything? it’s gone 3x since IPO... what does the crowd think?
It’s a good stock for a long term. Short term is going to be extremely volatile and sensitive to news but I could see it hit 50 by the end of next year as they announce more private business.
Thanks! Is it only government work they do right now? No private biz? Do you know why they did 3x in 2 months?
They do mostly government business.. I think 70% or so but will be expanding into private business. I think they went up 3x because they DPO’d too low and are reaching the correct value. They also announced a contract with the FDA that made them rise
If you're not sure just put in what you can afford to lose. Personally I think we're undervalued.
Thanks for your opinion! May I ask why you think so? P.S Please do not share anything that may be considered inside information :)
Congress and GovT are bunch of dinosaur boomers that don't realize how outdated our tech infrastructure is. Eventually someone need to click that Update Now pop up thats been neglected since 2002, and Palantir will be in a good place to help them reset the network modem.
Plantir does big data analytics, right? Who is their main competitor? Are you also placing a bet on this stock?
I hear it's overvalued
Please do share more. Why?
Got the info here https://www.instagram.com/p/CJBiQVxlLry/?igshid=1327onuitdzvw
Look at Tesla and Snowflake, analysts say it is not sustainable but yet the price is going up everyday!
Yeah Tesla is just one of a kind. So many short sellers got dinged heavily. What I cannot understand is this company’s biz model. Is it only government work they do?
Government work is hard to get