PLTR Be leery of this afternoon upwards move on falling volume. You know what they say about going up when volume is going down? It's going to go back down. Look for the $67.50 and then the $65 support levels for bounces back up.
PLTR why would their CTO sell $370 million worth of shares? Is he leaving the company? or does he not believe in what they're doing still? Seems stupid to sell that much worth even though he still has 1.5 million shares. Must be nice.
PLTR If you look back over the last few weeks, anytime we hit these new all time highs, we drop pretty dramatically back down by as much as 11%. We had the move up to $63.47 with a drop down to $58.61. Then we rose up to $67.41 and dropped dramatically back down to $59.83. Then we touched $67.81 and then pulled back to $63.88. Now we're wicking up above $72 on that dramatic move yesterday and on into the after market. I'd expect a pretty significant pull back of around 5% to 10% before the next leg up so we could see a drop back down to the $65/$66 level this week before starting a new leg up.
PLTR Bought this stock when it was $20, made 293.48% so far. I do believe long-term like around 2027 this company will still keep going strong. We use the technology as developers ourselves and it is incredible. Having said that, I'm not so sure I want to wait till 2027 or cash out now. There will be a pullback at some point??
PLTR looks like a lot short positions kept feeding this ups, folks, this company was undervalued back then , now it is at its realistic price. It stayed low for years cuz banks need time to load it up, now it’s time to let it go, or this will shoot up to above 200s with ur hard earned cash lol