T O P

Daily $PLTR discussion thread! Come here to talk about the good, the bad and the 💎 🙌

Use this daily discussion (a new one will be created at 1 am EST daily) to tell us how much you bought because you have no self-control. How much you sold because you have no confidence, and how much you love Daddy Karp.

CHECK OUT THE NEW AND IMPROVED DISCORD!!!

Keep it civil. THIS IS NOT /WSB

Gaters65GTO

Stop calling it a hot mess! It sounds so appealing


howardgatsby

where my boy incognito cumshot at i miss u


Dorktastical

Doesn't the form 144 mean Karp bought shares from the treasury, not that he is selling? edit: seems the answer is no. Why do these fuckers need so much fucking money and why cant they just wait for the fucking moon.


oftenfuzzy

Average cost is at $26! Glad to see everyone is getting theirs! ![gif](giphy|26BRuo6sLetdllPAQ|downsized)


mhkwar56

[https://i.imgur.com/ueVYqf0.gif](https://i.imgur.com/ueVYqf0.gif)


realjasong

PLTR is at $15.51 in Frankfurt.


Gaters65GTO

Palantir is selling for $98.26 on the Moon right now


realjasong

What will Karp’s selling do to our momentum?


mhkwar56

Not a lot.


Driice

so what other news/catalysts can we anticipate to continue the rocket?


badie_912

I think rumors about the next earnings report will drive the price action. If lots of meaty contracts come out or are rumored about it could lead to a big run up prior to earnings. Depending on the results if even perceived by the market as not as strong as "expected" by the market it will come down post earnings. I think that it will be pumping for a while but if earnings aren't a blow out it will come down some. Q3 we will be looking for 4 consecutive quarters of profitability then we get to play with the big boys. Hold on


Gaters65GTO

I think that would be quarter three seeing as their first profitable quarter was quarter four 2022


badie_912

You are right


ztw2002

waiting for NHS deal. UK Government and Politicans will be a real shame if they don't pick the technology that able to fix the hot mess of their healthcare system


Juba89

it would be fitting and on brand for European Politics that Rishi Sunak and his squad decide against using Palantir for NHS, while concurrently lobbying the US for a leadership role in AI.


realjasong

Maybe new deals, broader market action, Fed pausing rates.


WOLFofICX

Still down about $45k with a cost basis around $20 but I have more faith than the day I decided to invest and happy to see you guys going green regardless of when you got in! Lets fucking gooo!


Hobocarwash

Keep the faith - it’s going to pay off!


Top-Turn1055

Thankfully, we still seem to be decoupled from the WSB meme craze. I ghosted the sub and there's hardly any mention of PLTR. They're mostly obsessed with AAPL's VR glasses. And the one PLTR post I saw recently mostly had comments from butt-hurt investors that sold low and are talking about revenge trading puts because "it's going back to $10 after the AI hype is over." Dumb shits.


Decent-Link3406

I miss the pre-GME WSB days. The sun is over regulated now, but it doesn’t even eliminate the fact that 99% of the content is just garbage. I wish there was a new alternative


MacroBully

Just a lurker who held on sleeping peacefully even during dark days. I just wanted to say I’ve seen so many old names today more than the past year. WE ARE ALIVE WOOO


howardgatsby

WE ARE SO BACK


badie_912

For those interested Amit talks with Edwenis "Eat my shorts" Bear Cave Tuesday 8 pm est on YouTube. I'll be having fun heckling in the live chat https://www.youtube.com/live/ZzF6MVmsk2Q?feature=share


Juba89

Hate Amit, but i will watch this. Edwenis should be able to eat his lunch...


lastfuckleft

Battle of the regards


Ta323Ta

Imagine having your entire online persona tied to PLTR and selling at $11 🤡🤡


Ta323Ta

what happened to that bozo that would create a daily thread about his 1M+ positions a year ago? He sold at 7?


ztw2002

Deez Nuts or something like that. He probably sold for a loss.


Ta323Ta

Good riddance, what an annoying turd


mhkwar56

u/Noah_Deez_Nutz - u ded?


tevans559

[144 filing after hours for Alex Karp](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001321655/265ff899-1caf-455d-80a5-54d581c3429c.pdf): Evidently sold 325k shares today, very likely this is profit taking. Form 4 will follow later in the week I imagine.


mhkwar56

Noob question here, but what exactly is the difference between a form 4 and form 144? Google is not very helpful on this.


tevans559

I don’t think much difference materially aside from the timing with respect to filing and the 144 gives more information about when they adopted a 10b5-1 plan, if applicable.


Juba89

take it Dr.Karp. You are crushing it as of late.


realjasong

Do you know what will it mean for the rest of us???


MrBobBuilder

Daddy just got 4 million🙃


Patpaul14

Biggest “consulting” contract I’ve ever seen😏 serious note 👍 on our way to fifty 🔥


Dorktastical

17$ EOW


catdaddysoprano

Technically not wrong.


howardgatsby

i’m back and i’m long and i’m strong


Lawrence_Thorne

Good to see you again Gatsby! I loaded so many dips in the last year, I was able to lower down to 6250@$17.61 Let’s go!


howardgatsby

wow nice piece on u! 6K shares is so badass


ZealousidealThanks51

HOWWWWWIEEEEEE!!!!!!!! Hope you’re doing well bud, you know we’ve all been thinking of you this past month. Seems like only yesterday there was about 4 or 5 of us periodically competing for the **FIRST** comment on the fresh daily page each night, during the quiet days of the sub. Please tell us your bags are starting to feel as light as ours! Edit: just read your comments. Sad to hear about the naked put situation but know that even buying today you’re likely still in the middle ground of the sub’s collective averages. I feel like we just found a long forgotten soldier in the battlefield!


howardgatsby

hey brother! so right now i’m going to be able to scale my position to $25K by the end of the week and that should leave me with some 1500 shares! I’m stoked on it. I got wiped out by some poor financial decisions and the naked puts so my new average will be about $15 and then i’m going to be collecting shares like a horny hobbit. it’s been a rough couple years for me but im so stoked to be back and active with this community, we are still early ♥️


SallyShortcakes

Welcome back Howard, you beautiful bastard


howardgatsby

much love G


JakesThoughts1

I thought you died Howard, nice to have you back


howardgatsby

am alive


howardgatsby

i got margin called on a stupid naked put position about 7 months ago. totally wiped me out. finally back so i can play the game


JakesThoughts1

Got the original gang back, let’s gooo


howardgatsby

YESSIR


MrBobBuilder

Return of the kang


Juba89

no margin this time.


howardgatsby

juba i should’ve listened to u many moons ago im sorry bro.


Juba89

you live and learn. Don't FOMO.


howardgatsby

no FOMO just going long shares no options and no margin.


ztw2002

![gif](giphy|ckGndVa23sCk9pae4l) please don't touch option and margin. I got wiped out by options


Juba89

good. happy to have you back. It was DARK as hell in here for a long while


Equivalent_Horror628

Amen to that


Gandalftron

Moria darkness.


mhkwar56

Time for Gandalf the White.


howardgatsby

u have no idea how long it’s taken me to get back here bro but i promise no margin. just bought 700 shares with cash. feels good. will scale to 1000 by end of week.


xomzix

Back in the Wendy’s grind 🥩🍽️


JakesThoughts1

Sold some $20 calls, let’s get to $20, but just not by July 7th alright


MrBobBuilder

Something something pennys something something paver machine


JakesThoughts1

Nah the premiums were actually pretty beefy, not bad play, idk why people in here get mad when you say you write a covered call lmao it’s a strategy to produce income on a position you own. I’ve waited to get deep in profit before writing anything, nice extra funds


mhkwar56

I just sold some $17c for Friday. $20 a month out isn't unreasonable, but that made me more nervous than $14.50 > $17 in a week. Totally agree on the hostility problem, but it's understandable. A lot of us got burned on that. Imo, selling CCs is like putting your head in the mouth of the lion. You can make good money doing it, but you'd better be damn sure the lion isn't hungry. And even then, you never know...


JakesThoughts1

Agreed, I more so bought them with plans if have a red day, going to try and buy back for wuick 30 % gain, I rarely hold till expiration unless stock just plummeted. But man I’d be up over 100% if got called at $20 so wouldnt be super angry unless some giant run up happens right after. Long term I’d hate it though lmao


mhkwar56

When we were on the way down, I had lost a bit more than I should have because I leveraged to $5 2024 LEAPS. I rode those puppies down from around $15 to $8, and then I said, "Screw it," and swapped all of them for 2025 $10 LEAPS. I'm currently up almost 200% on those. Feels good, man.


Little-Response-8035

how long are u holding?


Juba89

holding till a 500 bil market cap, which I think it will hit around 2030. Yes, I really think that is on the table.


MacroBully

Assuming the same p/s (~16) pltr would need to have roughly 31b in revenue to justify that market cap.


mhkwar56

> a 500 bil market cap, which I think it will hit around 2030 Least optimistic PLTR bull


mhkwar56

Until I stop believing in the company, which is not going to happen in the foreseeable future. My long-term plan is to sell CCs as the company matures and to continue buying more shares with the profits. I believe Palantir is going to be one of the undisputed winners of the next 20 years and that in that process it will at times attain absurd valuations, not unlike how TSLA, FAANG, or defense stocks have in the past. I will not sell until it is has been a "no brainer" buy for at least a few years, at a minimum. And honestly, I probably won't even do it then, since CCs at that point are going to offer a lot of value.


Dorktastical

just watched the new AIP demo that's up on YouTube (I don't remember seeing it during AIPCon? must have been a break-out session that they didn't livestream..) oh boy I want to go all-in so bad, currently I have 75k in 30$ calls 40k in QQQ and 200k cash. I really really want to just go all in at various strikes.


Hobocarwash

Have a link?


Dorktastical

https://www.youtube.com/watch?v=akieze8\_tSE


Hobocarwash

Cool - yeah, this was from the presentation itself. Great info for anyone who hasn’t seen it.


Insanescense

I’ll happily take that cash off ur hands! DM me and we can work out the deets!


-lc-

That one with Sankar? it was after Karp


mhkwar56

Yeah, the only one I can find is the one that launched the presentations, right after Karp finished speaking.


Dorktastical

I might have spaced out on AIP day, but I remember Sankar and the talk about agents and the example of the weather disaster, I don't remember anything from the demo that was just posted to YouTube, and the YouTube vid today doesn't go over the agent or weather disaster examples.


stonkcoin

Haven't heard from Doomshallot in a while... I hope he didn't od on strippers and cocaine


AverageBritishBloke

I'm not usually superstitious, but my god it didn't half feel like his moooooooon comments were jinxing us. Been alright since he left... Please don't summon him :-D


Juba89

he is already there, just waiting for our arrival.


Dorktastical

Weak hands are pretty much gone now


MrBobBuilder

Lol I would’ve been pleased with 15 now I want 16🤑


Mister_Poopy_Buthole

Your ex will love you again when we hit $30!


Naturalgainsbro

They always come back when the 1942 bottles start appearing in instagram stories. Never again though bitch.


DynamoPro

Remember the people shorting the stock after earnings spike? They had families.


ZealousidealThanks51

Oh so you’re this wasn’t the first mistake they’ve made?


Dorktastical

Fuck the shorts


stonkcoin

Fuck them kids


ztw2002

Their kids work for us now


KillingForCompany

Being up 160% on this stock in a few months in this market, I feel like I cheated


Marvin_the_Minsky

“Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.” — Warren Buffett


Hobocarwash

Sounds like a good description of this company. Let’s hope the old man knows what he is talking about.


Magikarp_to_Gyarados

A lot in our favor so far today. Macro market is good and the contract award from USSOCOM a nice continued vote of faith from the government I'm now less than 3% from being in the green on my PLTR shares!


xomzix

How many shares you in at magi if you don’t mind sharing


Magikarp_to_Gyarados

I don't disclose # of shares, but PLTR today makes up about 3% of my total portfolio. I have shared my asset allocation in the past and continue to do so. It is currently: 20% Generic Index Funds/ETFs 75% TSLA 3% PLTR 2% various genomics (ARKG, DNA, etc.) TSLA makes up an unusually high % of my holdings because I bought most of my shares in 2011-2012 and never sold them. Most of the $ I saved from earnings I invested in Index Funds and ETFs.


ZealousidealThanks51

Hell yeah Magi. Thanks for the continued insights and perspective throughout the sub. It is always appreciated.


Juba89

congrats fish man!


insomniaxs

Nice, i think my average is also around 16, too lazy to calculate it precisely after moving some shares around between brokers.


Little-Response-8035

wating for wE aRe lOsInG mOmEnTuM guy to show up again


realjasong

What about now


Little-Response-8035

yes this has never happened before, and also its only up 4% very sad indeed


CharmCityNole

It finally happened. My position is green!


Ta323Ta

Call the doctor, that's not normal


Fluffy_Balance5493

I'm up 17% after 20 months 💥


IIPointBreakII

What are current price estimates?


GeoBro3649

We're already higher than the most recent price target revision I've seen, and that was up from $13 to $15.


Marvin_the_Minsky

Imagine you sold at 7.75 to wait for 5 or 6… and today you’re kicking yourself for missing a double bagger. When Everything Seems Tragic


KillingForCompany

I mean, those numbers came. I bought in at 5.99. Up 160%


Hobocarwash

I’m so glad I kept buying down in that range. My only regret is that I didn’t have more cash on hand to keep buying. I’d be thrilled to have a couple more thousand shares.


Magikarp_to_Gyarados

I bought all the way down to 7. The cash I set aside to invest in PLTR last year ran out before the low of around 6. I wish I could have picked up shares at the bottom, but timing the highs and lows is usually impossible.


Hobocarwash

I was very happy buying at $6,$7,$8. It’s going to be an awesome combination of the macro environment becomes incredibly positive long term again and if Palantir executes. I have this vision of those things lining up with S&P inclusion (which wasn’t even a possibility in my mind originally). I think if we have this kind of perfect storm of positive things happening we could be in for some real appreciation.


Juba89

I feel ya. Shoulda bought more, but I really bought as much as I was comfortable buying. Everyone's got different risk tolerances and balancing strategies. For me, I did the best I could and even took on more risk than I was really comfortable doing.


Hobocarwash

All each of us can do, is do our best. We are on this ride together - here is to hoping that we all end up wealthier than we ever imagined.


Marvin_the_Minsky

I own more than I should have…and not as much as I’ll wish I had.


thekingbun

![gif](giphy|F5wBXtQmDVIJXAqe8v)


steiner_math

My cost basis is around $25 and this run has gotten me feeling a lot better about it


PLTRruinedme

Im about 18 i think. I consider buying more soonish regardless of stock price. Long term hold so i dont mind the extra fee.


JakeSkellington

We are many


Ok_Ad_1072

Elite group at $25.


jtrader69964546

I’m a little higher. Long term I think they’ll do better.


Imaboydw

“Ai imposter” LMAO.


MrBobBuilder

Lol my Jan 2023 15 option is green again after like 6months lol


pml1990

The flight from industrial and Dow to tech stocks continue today.


Ban_an_able

$20 this week would be super fun


hobes88

I wouldn't be mad if my $20 ccs got called away on friday


Wiseman822

Weeeeeeee!


Popular-Belt6538

Don’t think this stock will ever reach $150 and I don’t think it will ever reach $80 in one year.


thescurry

Unpopular-Belt <—— there, I fixed it!


pigflion

wrong sub?


Driice

no reason why you said this, nice 👍


Fancy_Swordfish_3891

Thanks for sharing


WKHSm00ntime86777

About to sell some bags and buy pltr, get my money back and then some


JakeSkellington

Every time PLTR does well, the bears come in and downvote the thread, I see it constantly.. show support people!


Wise_Basis_Oasis

I don't get it. Does showing support magically push the stock up?


JakeSkellington

Found the bear.. your comment history is soooo 🐻📉


Wise_Basis_Oasis

Wtf...Why leave this post instead of your initial post. "Nothing to do with the price, it's hype and algorithmic drive. When a stock does well people start looking it up. If they go into a reddit thread and see a post has 3 likes compared to 300 they could be..." I didnt see the rest of it but at least with this one I saw in my email I would have had some respect for you.


JakeSkellington

Didn’t ask for your respect lmao you like to typen


Wise_Basis_Oasis

ok.... I mean you like to type too. I just thought your initial reply was better. Whatever.


stonkcoin

WELCOME TO TENDIE TOWN!!! I'm never selling


followmeforadvice

Then why do you own the stock?


badie_912

Never selling!


Naturalgainsbro

One day I’m going to close a bunch out on one of those huge surges passed $15 and it won’t come back down


Prudent-Salamander74

I was thinking that this morning. The plan I came up with is if it hits 12 buy all that I can and then go back to dca


realjasong

So many bagholders cashing out


badie_912

Desperate fools. Time will tell. I know where we are going.


crackercider

To the moooooooooon


badie_912

You posted this a month ago and today the big contract announced: https://www.reddit.com/r/PLTR/comments/12rw0yx/shyam_sankar_testifies_to_us_senate_on_the_state/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button Good work sleuthing out critical, milestone events in pltr history!


crackercider

My two favorite predictions with Palantir dealt with the war in Ukraine. It took about 6 months for Washington Post to confirm mostly everything I wrote haha Made this one before Karp visited Zelensky: https://www.reddit.com/r/CombatFootage/comments/ugz5xf/ukrainian_bayraktar_tb2_drone_strikes_a_russian/i73yl12/ This post the day Karp visited: https://www.reddit.com/r/PLTR/comments/v38y3i/karp_and_his_new_friend/iawvqne/


badie_912

Love it!!!


Weak-Watercress-2154

Struggling to keep that momentum!


Weak-Watercress-2154

I take that back ![gif](emote|free_emotes_pack|upvote)🚀


greatestsnowman

Hmm... Pump it up! https://on.soundcloud.com/wXtV4


BrownAleRVA

This will be rising up the charts, not unlike the rising Belgian techno anthem, pump up the jam.


98323

Now that trash is dropping like a hot potato! I knew it!


thescurry

Hello Capt Short-Term! 👨‍✈️


greatestsnowman

Nah. Most of us are making long term great money on this stock. What you're seeing is people who bought more than a year ago exit now to get thier original dollars back. Hey some people are cash poor, so let them cash out BUT the rest of us are still going to keep making money. When the rocket happens they'll be back on this thread joking about how they cashed out when they got scared and should have stayed in. lol. Also, this trend will probably stop once the share price gets above the all time high... It's going to be interesting then so stayed tuned my friend.


Ascle87

Trending higher till we’re above $45? Not gonna happen. That would make it a $90B company with 2B rev and -+$20m(?) profit. It would get shorted to oblivion if that happens and the fundamentals can’t catch up.


BrownAleRVA

You sir are underestimating the power of millions of bored office workers looking at their phones every 30 seconds and pressing a button to make the green bar go up.


greatestsnowman

Nah more like the close amounts at $25 not the all time high of $45. That said, ye of little faith. Markets rise and fall and this one because it's clearly in an AI arms race is going to rise much. By the time we reach "45" you'll be singing a different tune. Come back, and let me know how well this post ages...


Ascle87

You said ATH and that one is still $45… $25 is a different matter. Expensive, but doable to reach.


Mountain_Succotash_5

Has west been posting? There’s a guy named theta or something on nio which I suspect is his alt lmao


Wise_Basis_Oasis

He's banned


Mountain_Succotash_5

Wassup gang ya boy sitting at 110% gain on shares now


Hobocarwash

I’ve got quite a few shares that have more than doubled. The problem is I also have a whole bunch that are in the $20-$25 range. I’m tempted to sell off about 20% of my highest cost basis and see if we pull back in the next 30 days so I can re-buy. I’m just afraid of getting punished with a continued increase. I know those days are coming, I’m just not sure if they are here yet.


Juba89

i did that with one huge block i had bought at $24. I aint trying that again though. When I did it, there were only like 10 of us on the daily contributing.


Usernamechecksout_10

i did the same and regretted it. Feeling of holding is just too good.


Hobocarwash

Didn’t work out well? It’s essentially trying to time the market I guess.. maybe it’s greedy of me but I do like the idea of having a good chance to just turn that sale into more shares after 30 days. I don’t want to lower my exposure to this stock.


Juba89

it worked out fine. It just we are in a different time than we were 6 months ago, and I wouldnt feel comfortable doing it now.


Mountain_Succotash_5

I actually some some at 10.50, 11.50 to take some risk off so now I’m just holding around 1200 or so under 7.75 cb. Will hold this and only buy back in under 10 if that ever happens. I’d recommend selling some of the higher cb cause this is a crazy pump. Could keep going up but still. Maybe sell some ATM leaps??


Hobocarwash

I need to take a real educational course on options and option strategies for small hedges. I don’t want to go crazy but I don’t mess with that stuff because my understanding is limited to say the least.


Mountain_Succotash_5

How many shares is your 20% u were thinking of selling


Hobocarwash

Probably somewhere in the 750-1000 share range.


Mountain_Succotash_5

You could sell Jan 2025 25c for close to 300 a pop. Make like 3k in preimum and you’d sell at cost basis and your other shares can ride up.


Hobocarwash

So I am either forced to sell at $25 or they expire for the person who purchased them and I keep the premium? Keep the premium And the stock


Mountain_Succotash_5

Yep. Keep In mind you are capping gains at 25+ whatever preimum you received. So it’s good you have other shares to catch remaining upside.


Hobocarwash

Yeah - I wouldn’t mind learning how to sell these kind of options in a portion of the holdings.


hamburgers8

I love it but honestly this always happens. Rocket up out of the gate, steep fall, and then trade flat the last few hours.


Dorktastical

52 week highs every couple days so it doesn't matter much, what you're seeing is just bagholders cashing out at their cost basis when they hear their price alerts go off.. pump consolidate pump.


clever_mongoose05

well i sold a little early today, but we are way too overbought, gonna wait for the correction than reload


Insanescense

What price point are you hoping to reload at?


clever_mongoose05

Im waiting for the treasury to fill their bonds this week, its like 1 trillion which is gonna drain liquidity from the markets. im hoping for 10 but im just gonna prolly buy later this week or early next week


realjasong

The correction just happened I’d reckon


clever_mongoose05

nah the weekly, daily, and 4hr on rsi is way overbought


Reduxy

I have $20 options that expire EOW. How my chances lookin


Marvin_the_Minsky

50:50 We either make it or we don’t.


NCTaco

We got a runner


Zewman412

Today might be the day for a big leg up…that was a huge military deal they got


JakeSkellington

15 fuckers 🚀🚀🚀🚀


Science_Monster

That 9:56 candle look funny to anyone else?


MizzleDPizzle

Yeah. Error on Yahoo I think? Not reflected the same on my brokerage app. That or someone is gonna be pissed with their fulfillment price 😂


JakeSkellington

Bro I was thinking the same it’s showing like 14.90 while yahoo was 15.37 s