$Palantir Technologies Inc.(PLTR)$ Although PLTR is down premarket and will likely end the day lower, I have no doubt it will recover most of its losses by the close. After such a big upside move over the past few days, a pullback was expected. Today or tomorrow should mark the bottom as PLTR continues its move toward the $200 area in due time.
$Palantir Technologies Inc.(PLTR)$ The price could still dip once more into the 120s to 130s range, but I really hope it doesn't. I'm only saying that because I hope Burry is getting smoked again, and I mean really smoked.
$Palantir Technologies Inc.(PLTR)$ Palantir is a best-of-breed company. That said, the market can be extreme sometimes, like Dell's stock jumping over $100 after earnings... it's somewhat weird to me, and I'll check their report further. While that may be, Dell and Snowflake might be giving Palantir a lift. Still, Palantir itself has had its own justifiable upward momentum brewing, though volatile, and it looks likely to continue upward.
Short sellers might be in for more pain. Nasdaq looks set to take off. But, someone mentioned $Tesla Motors(TSLA)$ would hit 300, and that hasn't happened yet. What's going on?
$Palantir Technologies Inc.(PLTR)$ If software stocks are poised to move higher, which seems to be the case, that's a very positive sign for PLTR. The pressure for shorts to cover could be building.
$Palantir Technologies Inc.(PLTR)$ Why is Pltr down? There's no reason for it to be this low. Pltr is the best value on Wall Street. Other AI companies are just poor imitations of its original concept and business plan. Such a shame.
$Palantir Technologies Inc.(PLTR)$ Good to see Nvidia bouncing back after that 10-point drop on Friday. Maybe PLTR follows suit, since all the news we've been hearing has been positive. Every research firm seems to be going full throttle, with price targets all above 200. Just need a couple of solid green days.
$Palantir Technologies Inc.(PLTR)$ There's no need to panic here. This sell-off looks a lot like what NVDA went through recently. PLTR is a solid company with strong earnings and guidance. Staying patient could be the better approach.
Shorts have been trying to crash $Palantir Technologies Inc.(PLTR)$ for months, but we're still holding on. There are too many big holders with $200+ targets for it to fail. I suspect a major up day this week with options expiring.
$Palantir Technologies Inc.(PLTR)$ Motley Fool just posted that PLTR will be a $1 trillion company by 2030, and I mentioned that PLTR would join the trillion-dollar club by 2031. I'll go with Motley on this. A year's difference isn't much.