Replies to post #1021 on Palantir Technologies Inc (PLTR)

[uksausage]

well it is still going on and was sold out.

but I do see price falling after hours..,

[Triple_Star]

Did you watch the demo? If you did, explain where the flop is based off of the product and the presentation. If you are not watching and basing off of price movement before and during, then you haven't been involved with business that is in the stock market. I'm sure you will tell us all you've been trading for 20 years and 1000s of positions. Then you will know A. How this game is played with introduction of product or earnings to the public, and B. The massive short interest at play with PLTR.

95% of the public has no clue about what Palantir does or how the SaaS products they offer work. Im sure plenty registered to watch today because their reddit group thought PLTR is the best meme stock. But they got bored and said "this sucks" and sold their 15 shares. Just like all the Furus tell them to sell the news, well...this is news.

If you haven't been paying attention to PLTR, maybe you're new, but PLTR is a political target. It is not hard to drive a price down $2 during a live event when you hold more than 28mill shares. And institutional buyers bought just to play this game and spite Peter T. It was easy to get in at $10 a share for them just as it was for you for months before it's first run.

So a flop? Nope, but I suppose it's relative to the amount of shares you had and your average.