CryptoFundManager

PLTR Palantir to $10?

Short
NYSE:PLTR   PALANTIR TECH INC
PLTR Palantir is now 19 times Revenues! Not earnings!!
A healthy retracement would be at $10 for a decent 10X Revenues.
Even though it`s not an investment for me, until i see some positive earnings .
Because they depend on dilution or raising capital to sustain their business.

2020
Revenue: 1.09Bil
Earnings: -1.17Bil

Q3 2020:
Revenue: 289Mil
Earnings: -852Mil

Q4:
Revenue: 322Mil
Earnings: -148Mil

The indicators are looking bearish on all timeframes.

If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.

Comments

yeah never understood the hype on this . Gonna stay away
+2 Reply
@rajivgomes, me too
Reply
11,56 možná ... :-) (13,42)
+1 Reply
George Soros was smart to get out early.
+1 Reply
CryptoFundManager wildjosh1995
@wildjosh1995, indeed. he made a lot of money on this cult stock.
Reply
Liquid_Mind wildjosh1995
@wildjosh1995, he was scared like shit, go lick his ass.
Reply
@Liquid_Mind, scared at his age? Seems like he made money out if it.
Reply
Liquid_Mind CryptoFundManager
@CryptoFundManager, I see u dont know the story behind it - do some research and u will find out why he left.
also u must be a big hillary fan as i see.
Reply
This is a very long term play, and the CEO has publicly made that abundantly clear. They have a long way to go and a lot to prove. If PNTR represents more than 0.25%-0.50% of anyone's current portfolio they're not practicing prudent risk management, but it's a cult stock so a lot of people are very over-allocated
+1 Reply
CryptoFundManager theworldinscents
@theworldinscents, indeed, it`s a cult stock!
+1 Reply
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