PLTR: Yes we are currently oversold but that doesn't matter
Palantir is part of our future. just as much as EVs are and will be. AI will power our world. It must be behind everything we do or we will be left behind. There will be more competitors just like all those that followed Tesla into the EV market. Yet, like Tesla, Palantir too is being put down and doubted at its early stages - All while being 10 years ahead of the game. If you've been wondering what makes PLTR and TSLA similar, it is just that.
So, when you've done your research and you've got high conviction in a company (not the stock), it is most certainly the time to buy when the market is being flooded with fear.
I am speaking for myself as a long term investor and I am not looking to make a quick buck. I am excited by the idea of selling out at the very top, not buying the lowest bottom.
This is not trading advice and Good luck.
So, when you've done your research and you've got high conviction in a company (not the stock), it is most certainly the time to buy when the market is being flooded with fear.
I am speaking for myself as a long term investor and I am not looking to make a quick buck. I am excited by the idea of selling out at the very top, not buying the lowest bottom.
This is not trading advice and Good luck.
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