/biz/ - Business & Finance

WTFWT

if I cash out do I need to calculate another -3% inflation loss? so -3% per day and then -3% on my total?

>>24739828
>fell for the hold meme

>>24395746
I've done extensive DD on palantir, not only does the US ARMY have to use their software by law, but PLTR executives have told investors in the last year that what they're working on in terms of AI and machine learning is "this generation's Manhattan Project." Get in or stay poor, my DD is ultimately summarized in this picture I've graciously provided

I have 9000 shares of PLTR. Bought pre-ipo at $5.25 share in March 2019. I see a lot of mistakes in these comments. The lockup expires 3 days after they announce year end financials which will be about middle Feb 2021. They announced Q3 on Sept 12, so figure about 3 months after that. I see people say it is Dec 31, but that is not correct. My opinion for the huge price increase is because only 20 percent of shares are available. Not a lot of Palantir employees are selling,...they would have already sold if they needed the money. So you have very limited supply of shares on those 20 percent amount. And, now hedge funds and institutions are buying on only 20 percent available shares...and their not selling. There is not a lot of supply available until Feb 2021, then you may see some bigger price drops...but the price is going to be much higher by that time. Remember Soros said he is selling shares, well he could only sell 20 percent and thats what probably dropped the price to below $9.00 in October. When Soros and some other employees unload remaining 80 percent in Feb 2021 we may see more volatility. Just my opinion. I am long Palantir forever...