It is already up 6% after hours. I also got 2000 shares but at $25.7
and 5 may $27 calls.
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What other tech stock to consider?
- Thread starter Sanny
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It is already up 6% after hours. I also got 2000 shares but at $25.7
and 5 may $27 calls.
bkp_duke
Well-Known Member
It is already up 6% after hours. I also got 2000 shares but at $25.7
Someone is backing the truck up and loading up on PLTR today. Total accumulation of 30M shares so far this AM. $29.50 as of this post, and still rocketing up.
JRP3
Hyperactive Member
D Unit
Member
I got PLTR in the very beginning at $9 and gradually sold it off from $35 to $29. Kathie Wood buying was definitely a good sign but I was afraid of the slow growth and saw another opportunity open up. I ended dumping most of the PLTR money into CTXR at $1.64. CTXR looks like a solid penny stock and was fast tracked by the FDA during COVID. To me, that's saying a lot. CEO also has a very solid background.
For the short term, MARA is looking really goo too.
For the short term, MARA is looking really goo too.
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bkp_duke
Well-Known Member
Something happen with CCIV? A few minutes ago the price of CCIV dropped, and trading looked to have halted.
CCIV warrants went all the way down to $12, have since recovered to the 30s.
CCIV warrants went all the way down to $12, have since recovered to the 30s.
corduroy
Active Member
bkp_duke
Well-Known Member
Aboslutely kicking myself for not having a GTC limit order in place for a scenario like this.
bkp_duke
Well-Known Member
Probably. Look at the volume. Someone knows something, and is gobbling up the warrants after they tripped the circuit breaker for the shares.
pz1975
Active Member
Also got in on PLTR Wed/Thursday after watching the Earnings replay and being mesmerized by the CEO giving his remarks while walking through a snowy trail. So much bravado that I made my first video about PLTR on my brand new YouTube Channel (don’t want to link to my own content here but channel is Stop Buying Vowels and that is the only video so far - I would appreciate the views/feedback if anyone gets the time this weekend).
I got half my shares Wed around $28 and the other half yesterday at $25. Always a good feeling when Cathie Wood buys one of your stocks so those of us with new positions look like we’re off to a good start.
I got half my shares Wed around $28 and the other half yesterday at $25. Always a good feeling when Cathie Wood buys one of your stocks so those of us with new positions look like we’re off to a good start.
Why exactly are people investing in PLTR?
I understand ARK thinks the company has great growth prospects but how exactly are they different from the zillion other “data and AI” companies out there?
I’m seeing a lot of the TSLA crowd on Twitter also open positions in PLTR so not sure if this purely a momentum play. Valuation is rich too.
I understand ARK thinks the company has great growth prospects but how exactly are they different from the zillion other “data and AI” companies out there?
I’m seeing a lot of the TSLA crowd on Twitter also open positions in PLTR so not sure if this purely a momentum play. Valuation is rich too.
bkp_duke
Well-Known Member
Unlike other AI companies, they have a substantial client base, the largest of which is the US Gov.
JRP3
Hyperactive Member
Since I'm already so heavily weighted in TSLA ARKG and ARKF are the only two Ark funds I'm in.
For a company that's been around for 17 years their results so far are pretty ordinary, don't you think? Other than client base are there any other differentiators?
Demographic of shareholders:
On the spectrum apes whose wives have boyfriends.
I only took a JAN 2023 leaps position but should have went with shares as well.
Mama Cathie could be taking a position in Pet Rock companies and I would be on board.
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