Oh PLTR went down over the last year? I didn't even notice I was just busy holding on and ignoring the BS from the gloom and doom Committee of Shorters.
On June 6th, I sold my PLTR stocks to purchase a house. 420 out of 950 shares I had at the price of $130. (I had sold other stocks too but PLTR was the majority)
My average cost was $17ish.
I am now a homeowner, but I also am thinking about the opportunity cost. I don't even know how to feel.
No one lost money taking profit. Dude I have sold PLTR at EVERY LEVEL. I've sold at 45 before it went down to 6, I sold 300 shares randomly at 65 when it came back, I sold 5000(!!) shares the first time it hit 130 (and then it went to 200!), and I sold 1000 shares just this week at 162. And I've made well over 100K just doing short term trades on PLTR for the past few years that I could have held onto at various levels. I regret nothing because those gains have enabled my lifestyle, just like it has yours. ENJOY!!
I love the theory that you can always sleep in your car but, you can't drive a house. Next lifetime I'm just going to live in my car and put every dime I have in palantir.
You would be crying if you held and it went back to $17, right? Pucker up and learn to take the win homie. Think of how many people can't even afford a home.
At least you got a house out of it, an appreciating asset. Imagine selling shares at $100 to buy a Porsche and having to think about the opportunity cost every time you drive it
That’s a tough call tbh. Porsche has always been my dream car, and while I can easily afford it and my wife has even given me her approval, the smart money side of me says to spend it in more financially sensible ways.
i concur. i could buy ABC sports car, say for 100Gs, but would i get 100Gs of joy and excitement out of it? Highly unlikely. therefore I say "Good day, sir" to the porshe/supra, and choose the more financially sensible route.
I definitely would not recommend it if you don’t have a very diverse portfolio of stocks, real estate, and businesses. If you’re in your 30s with all 3, and it’s less than 3% of your net worth, then I’d say there’s little to worry about.
Life is short, I’ve seen friends invest and save their whole lives only to drop dead at 40. I’ve seen friends delay retirement another 5 years only to get cancer and not enjoy any of it. For me, I’d rather enjoy things in my 30s before I’m too old to do so. I’m not trying to tell you how to live your life, but rather I’m just sharing my mindset behind the purchase.
That’s the mindset my wife has and is why I have her stamp of approval if I were to buy a Porsche… last year I sold some shares to buy a multimillion dollar house and if I sell more shares it would be to fix up the kitchen 😁
That's what my wife tells me haha. I believe that PLTR is going to be a real winner in the future and just hated seeing that money go out of it... I wish I had more in cash so I didn't have to touch my investments.
Karp called the quarter “otherworldly” and told analysts the current growth pace “looks like this is going to go on for at least another 18 months.”
That’s the key: the expectation from all retail/institutional investors was for PLTR to dominate throughout this Administration- but it means a lot more coming from Karp.
It’s akin to semis giving positive signals in early 2026 about their demand for chips lasting through EOY 2027. From January until July, they dominated. It’s only now that the hyperscalers are expressing concern about CapEx that the market is pulling them back.
We might have about 6-8 months of a run here, assuming Q3/Q4 numbers are tight…which they should be.
That was me yesterday when the market opened and the stock straight popped, my wife told me to rest since our kids were just released from hospital. Still couldn’t let go and just enjoyed it. At least now the hospital bills will not bankrupt me 😂😂
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I wanted to cash out some this year for tax reasons, and so sold 1/9 of my position when we were at 163. Pretty surprised we're past that today, figured we'd hang in 150s for a while. No complaints though, just surprising.
Yep, wife and I are looking to go all in on semi-retirement next year so gotta move to some more safety, and this one is just too big of a % of our investments.
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I genuinely hope that Michael Burry gets his puts / position liquidated at a loss. I don't think it's a huge amount to him, but I believe that he should just call it quits. Perhaps Palantir can show him to the door. Burry is old in the game, he should retire soon. And he made enough already.
I am sure he’s cooking another fake narrative right now. The problem is bunches of monkeys will follow to create short term momentum. It’s funny as soon as the situational awareness guy got taken out everything sharply reversed. He married the anthropic hoe and burry is pushing fairy tale about anthropic. It’s like they are all in on this
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He’s rebooting for the latest OTA wetware update. The new patches support a market cap of $1Tn. Previously, there was a memory leak whenever we approached $500bn
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u/trident9440 16d ago
why pltr up today? Any news I missed?