For those that follow Palantir (Page 4 of 22)
 S&P 500 Inclusion | Alex Karp’s Message to Palantirians CEO Alex Karp addressing S&P inclusion. Thanks retail for believing in them when Wall Street didn’t. |
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Looks like Mariana Perez from BofA raise her price target this morning from $30 to $50. Not seeing the press release yet but it showed up in the chart. Attached File |
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Originally Posted By SkiandShoot: What else you got on your board for “not investment advice?  @SkiandShoot This will no doubt rustle some jimmies but I’m loading up on Robinhood / HOOD. Hated by older investors who think it’s for kids and hated by lots of younger investors who are still pissed about the GME buy button disappearing. It checks all my boxes: -American firm in tech and/or strong tech component -Market cap to be in the S&P but is not -Pile of cash with a buyback plan in place -GAAP profitable -Track record of beating EPS & revenue estimates Bonus stuff: -Founder as CEO is a plus -lots of costs are fixed so with growth EPS should grow with it -multiple, simultaneous areas of growth -competitive advantage in multiple areas it operates I’m not going to speculate on price targets but it wouldn’t surprise me if in 5 years my investment in HOOD has outperformed my investment in PLTR. |
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New 52 week high of $35.40 already set today. AIPCON 5 happening as I type.  AIPCon 5 September 2024 | Livestream Amit moderating again, will he get an interview with Karp? |
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Interesting regarding HOOD. Without breaking OPSEC and asking from a place of perspective for my decision making process, for your HOOD play: Are you a trader, buy and hold, investor or other? What order of magnitude are you talking? $500, $5k, $50k, $500k? Time horizons? |
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Originally Posted By SkiandShoot: Interesting regarding HOOD. Without breaking OPSEC and asking from a place of perspective for my decision making process, for your HOOD play: Are you a trader, buy and hold, investor or other? What order of magnitude are you talking? $500, $5k, $50k, $500k? Time horizons? No problem. I enter into most of my positions to trade (mainly selling options). If I develop high conviction I’ll develop an investment thesis based on what I believe the stock is capable of. I will hold until either the thesis is realized or fails (bail immediately). I have just over 1800 shares of HOOD. |
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I’ve been critical of certain analysts in previous posts but I thought I’d show an example of why I disregard some of them. Currently analyst price targets for Palantir range from $9 (Rishi @ RBC) to $50 (Mariana @ BofA). Here are their ratings on tip ranks which should speak for themselves. Attached File Attached File |
If there was one thing that could show why I’m still bullish on Palantir at $35 it would be this video. These guys have a pretty decent following and the video oozes the FOMO that seems to be common since the S&P announcement. The increased interest should no doubt lead to more buying pressure.  Why Palantir Is Our New Favorite AI Stock Edit: FYI the video sucks and its creators should be embarrassed. Old information is presented like it’s breaking news so the creators can pretend like they’re not late to the party. Only posted it to showcase new interest in the stock. |
Peter Thiel interviewed last week, featuring career advice for actors   Peter Thiel: The Coming Collapse No One Is Prepared For |
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Originally Posted By Solo_: Palantir has the potential to arrive to 100USD per share and beyond in a few years. Agreed. The bear case all comes down to valuation. With recent quarterly EPS in the single digits (cents) it doesn’t take much to move the needle. Tend to agree with the sentiment that yes it’s expensive but it will grow into it. Originally Posted By heavily_armed: Peter Thiel interviewed last week, featuring career advice for actors  https://www.youtube.com/watch?v=SYRunzR9fbkThat was pretty good, thanks for sharing. +1 on his advice for actors trying to avoid being replaced by AI. Thiel’s book Zero to One is a great read for anyone wanting an understanding of his investing thesis. Got tired posting every time we set a new 52 week high when it started happening pretty much every day. That said we got over $37 for a bit this morning, congratulations to all longs. With the FED set to begin the rate cutting cycle tomorrow I wonder if Palantir will ramp up their $1B buy back and possibly increase what’s authorized as their pile of cash starts not earning as much of a return. |
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Originally Posted By Hut_Boom: This etf PTIR 2x long PLTR was launched on 9/3/24 since launch PTIR is up 39.47 % PLTR is up 19.47%. I watched an interview with the guy behind GraniteShares when it launched. Intriguing but I lost him when he was trying to explain how they achieve the leverage. He kept circling back to how successful their Tesla leveraged fund was without really answering the question. ——- Palantir’s YouTube channel uploaded the CNBC interview Karp did at AIPCON5. Includes such gems as “if you touch an American we will inflict pain on you for generations” and “other companies make you feel like you’re being pleasured when you’re actually being screwed”.  Palantir CEO Alex Karp Discusses S&P 500 Inclusion and AIPCon on CNBC |
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Today should be interesting. Today is the day we technically get added to the S&P. It’s also monthly options expiration day so there’s always some games played to move prices. Apparently insiders sold a bunch of shares yesterday Futures currently red Down $1 in the premarket as I type this After hours edit: finished up 1% on almost 9x average volume Attached File |
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Fund managers have been adding it up. I am not saying it will continue going up like this ad libitum, possibly it will come back down a bit. Some say it's going up to 50$ per share in not long from now. Whatever it is, I think now - more than ever - that it's a great investment for my children. In 10 years from now it should be valued considerably more (5x?). Happy. |
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Originally Posted By Procat: https://www.youtube.com/watch?v=8o_lK7-133QCEO Alex Karp addressing S&P inclusion. Thanks retail for believing in them when Wall Street didn’t. Alex is good at inbreatheating |
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@Solo_ I think the earnings in about 6 weeks will be a huge determining factor. If they can beat the estimates and put out some good guidance it should put concerns about them being able to grow into their valuation to rest. But then the price goes up and people still moan about the valuation. Seems to be an ongoing trend. |
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Originally Posted By Procat: @Solo_ I think the earnings in about 6 weeks will be a huge determining factor. If they can beat the estimates and put out some good guidance it should put concerns about them being able to grow into their valuation to rest. But then the price goes up and people still moan about the valuation. Seems to be an ongoing trend. |
Watching Amit talk with Chris Camillo from the Dumb Money YouTube video I posted earlier. Not going to lie I had no idea who he was or what his track record was before. 70% annualized returns over 17 years is beyond insane. He lays down his investing thesis and it makes sense why he came off as late to the party. He’s not trying to find the next big thing but instead find the current thing and ride it for a while. Decent watch. Amit must be star stuck as I’m half way through it and he has yet to mention any of the little mistakes contained in his original video, mistakes that include pronouncing Amit’s name wrong.  He Took $20K & Turned It Into $60M. Now He's Betting on Palantir. Edit: around the 55:00 mark Chris actually asks Amit if he pronounced his name wrong and Amit reluctantly says yes. LOL. |
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Originally Posted By rtlm: How do you guys feel about SCMI ? No idea from me. I have a handful of tickers that I follow closely and tune out almost everything else. I’ve basically retired to care for my father, when we get past the gauntlet of multiple doctor appointments everyday I’ll probably have a lot of downtime. In the meantime PLTR, HOOD, SOFI & RKLB are the only names I’m following. |
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Originally Posted By Procat: No idea from me. I have a handful of tickers that I follow closely and tune out almost everything else. I’ve basically retired to care for my father, when we get past the gauntlet of multiple doctor appointments everyday I’ll probably have a lot of downtime. In the meantime PLTR, HOOD, SOFI & RKLB are the only names I’m following. Thanks, and best of luck with dad! |
"I got this. We'll skip the dicks" DK-Prof 12/7/21
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Originally Posted By grendelbane: I can't find SCMI. Did you mean SMCI? I have gotten a bit more dyslexic over the years myself. Originally Posted By grendelbane: Originally Posted By rtlm: How do you guys feel about SCMI ? I can't find SCMI. Did you mean SMCI? I have gotten a bit more dyslexic over the years myself. Yep..SMCI
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"I got this. We'll skip the dicks" DK-Prof 12/7/21
| I sold puts on SMCI earlier this year. Most of the time successfully but I did have a couple of close calls. Haven't watched it much lately. I see it is getting low enough it might be interesting again, but there are also others I am interested in. I think it is a good business, but the stock is prone to wild swings. |
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Originally Posted By rtlm: Thanks, and best of luck with dad! Thanks. He’s got prostate cancer that has spread to his bones and lungs. Statistically this story only ends one way but for the time being I am able to meet his needs by living with him. Keeps him in his home and gives us some valuable time together in the meantime. Get checked boys. Prostate cancer is pretty much 100% survivable if they catch it before it spreads, pretty much 100% fatal once it spreads. |
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“In 1980, AT&T hired a consultancy company to estimate the market size for cell phones by 2000. The study suggested there would only be 900k users. The actual number of mobile subscriptions in 2000 was >100mn. These early estimates also failed to anticipate the world of apps, streaming, smart devices, and ultimately, how this new product would bring forward the first public trillion-dollar company. We view Palantir’s (PLTR) capabilities, technology and path forward facing a similar fundamental misunderstanding. The upcoming S&P 500 inclusion provides a watershed moment for institutional investors to revisit what they “know” about PLTR. We reiterate our Buy rating and raise our PO to $50." -Mariana Perez Mora, BofA analyst who covers Palantir from her upgrade after S&P inclusion was announced. |
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Originally Posted By Procat: "In 1980, AT&T hired a consultancy company to estimate the market size for cell phones by 2000. The study suggested there would only be 900k users. The actual number of mobile subscriptions in 2000 was >100mn. These early estimates also failed to anticipate the world of apps, streaming, smart devices, and ultimately, how this new product would bring forward the first public trillion-dollar company. We view Palantir's (PLTR) capabilities, technology and path forward facing a similar fundamental misunderstanding. The upcoming S&P 500 inclusion provides a watershed moment for institutional investors to revisit what they "know" about PLTR. We reiterate our Buy rating and raise our PO to $50." -Mariana Perez Mora, BofA analyst who covers Palantir from her upgrade after S&P inclusion was announced. |
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Originally Posted By bondservant2: That 256 p/e is unnerving. It’s expensive, that’s undeniable. That said people were saying the same thing $20 ago but here we are. Earnings coming up in about 3 weeks, we should see then if they can grow into their valuation as many claim. I am comfortable with my position size and holding but if I wasn’t I don’t know that I would be buying right now. They’re up 150% in the last year and around 500% in the last 2 years. IMO It would require some serious earnings growth if they are to double again in the next 12 months. |
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CEO Alex Karp will be on CNBC in less than an hour. Edit: good interview w/ L3Harris CEO on their partnership. I’ll see if it shows up on YouTube in the next few days and I’ll post a link. Edit #2  Future of warfare is convergence of hardware, software, and AI, says L3Harris CEO Chris Kubasik Edit #3 CNBC cut out Karp’s epic rant at the end of the interview but Amit made a video including it.  ONE ALEX KARP'S BEST SEGMENTS AS CEO OF PALANTIR + A BRAND NEW PARTNERSHIP. |
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Originally Posted By Procat: $100B market cap https://www.ar15.com/media/mediaFiles/489576/IMG_3924_png-3358356.JPG |