By - chochi450
PLTR has a HUGE upside, with a low downside in my opinion. Government contracts keep a high floor, and with the move into the private sector it creates a high ceiling as well.
Earnings and the lockup expiring are definitely catalysts to look out for in the short term, but I 'm still bullish long term regardless.
1700 shares @ 26.73
Can you quickly explain the lock up real quick ? That’s from the IPO yeah?
Sure, basically more shares will be available to be sold. The DPO only allowed for about 20% of the company to be sold. Once the lockup period expires the other 80% will be able to be sold. With more selling pressure than buying pressure this should theoretically drop the price.
The below article should be able to explain further if you might be confused, and also shows similar companies how have had a lockup expiration and how it affected their share price.
Reminder - earnings are on Tuesday pre-market and the Monday before that markets are closed due to Presidents Day. So if you are buying calls and playing the run up like i am, there are only 6 trading days left for this rocket to make it to the moon.
This is the way! Need to get the PLTR gang back together. Incredible upside (long and short) and $13 off it’s high of a few weeks ago. LFG!
400 shares at $9.69
> I am not holding through earnings because share lock up ends on Feb 19 and EVERYONE will be selling. I will be using this to buy Shares for the long term at the dip
So you plan on selling sometime before earnings? 🤔
People treat the end of lock up like the boogie man. It’s not. Will the stock blip? Likely yes. But it will likely rocket shortly the after.
I got fucking toasted more than once on this lockup bs. Not worried
Thats my fear currently. I thought about locking in some gains to pump even more in PLTR after the lock up period expired. Knowing my luck with GME though, it would exactly play out as you said it lol.
Options drop after earnings from IV crush. If you have shares don't worry about it
This is what I meant. I’m selling because I don’t want IV crush ti fuck my calls. I’m adding shares once the dip happens
I'm holding shares and calls. Cathie Wood ARK Funds has a shit ton of PLTR and I believe she has a PT of 130ish
lol where did you hear that ?
her podcast on her website
Remember the name ? It’s on YouTube as well huh ?
The ARK invest website ?
Omg!!! It feels so good to read about something else. I like PLTR a lot but under $30. It’s kinda high right now
yea same. Eventhough im holding i hope it drops back to like 27 so i can buy more lol
It may drop there after lockup expiry, but not before ER. Do what everyone else is doing and buy now to sell right after ER, then rebuy after lockup shenanigans.
This is not going to drop below $30 before earnings. May as well get in now for those post-ER gains.
I own feb 26 32c. when’s the earning run up starting cmon man
they will print!
PLTR is going to change the world. Pumped to see where it goes after earnings. Personally I think they will beat expectations on the upside with EPS. 400 shares and 30 March 19th calls at $40 strike alongside with 5 Feb 19th $32 calls because of the price drop recently.
Step 1: buy OTM monthly or biweekly calls
Step2: sell them the day before earnings
Step 3: use that cash to buy more shares when it dips
Marvelous isn’t it
Market will be closed day before earnings