PLTR: Pile on peopleBased on a previous analysis I posted pre earnings - I was hoping the price would reach top of the blue trend line before earnings. We did not do that and from a technical stand point, it makes sense for the price to move further south. Certainly towards IPO prices and maybe lower.
My opinion:
On a fundamental basis my conviction only gets stronger. I can't see any change in progress this growth company says It's making (and then some). All the FUD seems to be the same regurgitation from last quarter. "Wah they're not profitable yet so they don't deserve my money". Bunch of pussys that can't see past their own corneas if you ask me.
I'm excited and can see that this company is going to be a successful AND an important one and I only watch the price for opportunities to buy more to lower cost average.... i like the price now to buy. And I will love the price to sell 20 years from now.
I understand every investor/trader is different but if your a long term investor like me. Don't be alarmed by the price. Be excited by it. Now my dollar goes further.
Not trading advise.
Good luck and be prosperous.
