IboProtrader

Approaching the 2nd Best Entry Point

Long
NYSE:PLTR   Palantir Technologies Inc.
$PLTR sold off on the QE news and now it is approaching the 2ns best entry point after the first day of IPO. $PLTR remains fundamentally strong and the numbers are still great for the long-term future. I believe with the shift in the contracts (short-term/subscription type instead of long-term licensing) the company is seeking a more fluid revenue strategy that should help boost the numbers well. I am not concerned about the expiration of the lock-up period as 369 institutional holders believe in the future of Palantir.

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