Breaking above the Ichimoku Cloud in a bullish channel with strong analyst expectations I'm considering PL as a potential buy. Analyst target currently around 5$.
First heard of this company recently on a podcast: Moonshots with Peter Diamandis. I agree with this idea. I think there could be a large increase in the demand for the data PL could produce. IF they manage to leverage the data with AI type analytics AND increasing once in a century type of weather events cause enough widespread economic pain (thinking of effects on food supply, damage to Infastructure etc) this could be the source of a ton of indisputable evidence that humanity needs to course correct. Admittedly, this could take years rather than months, but I can definitely picture a future where this company is providing data that becomes a catalyst for change.
M0_BTC
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@tim78sawchuk, yeah but this chart kinda discarded now, I should make an update some time.
tim78sawchuk
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@M0_BTC you still see potential? Earnings report after close today.. I will likely be adding some shares Tuesday, just don’t know if price will be bumped up a bit. I like the idea of DCA’ing into a small position though.
M0_BTC
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@tim78sawchuk, I haven't checked on the fundamentals since Dec. Here's a quick update of the areas I would personally stay aware of. I am not a professional and this is not financial advise.