PLTR: low stock price, high convictionHow strong is your conviction. Did you sell Tesla after it had been moving sideways between 30 and 60 dollars for 5 years straight (pre-split!), or did you hold? Now, legacy car companies are scrambling to push sub-par electric vehicles out onto the market in order to compete.
I believe PLTR has a one of a kind software 5-10 years ahead of the game (same as Tesla was with EV). And misunderstood just as Tesla was. Other established AI software companies see more value in using PLTRs operating system as opposed to their own SATL & BSKY to name a couple. Palantir is dropping seeds in the commercial sector just as they had done with the US government over the past 17 years. We all know they're here to stay.
At some point some may argue Google can be a strong competitor to Palantir because they're capable of it. This may be true from a technical standpoint, although I'd argue that, just as AI is growing in want/necessity, so to is privacy. On a social stand point, all companies, particularly startups, have a need to ensure their product or service remains proprietary, just in one example. Who would you trust with the handling of your data, I ask, between Google - who stores, sells, makes use of your data? Or Palantir? Who does none of that, and protects said data in favor of the companies using PLTRs operating system.
So, this is just my opinion and not trading advice. I'll HODL and buy the dip until my final rip.
Cheers.
