Palantir thread

GogoPoh

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Why is it still making a loss after being in the business for 20years? i dont get the high valuation of this stock at all.
 

aiptasia

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Why is it still making a loss after being in the business for 20years? i dont get the high valuation of this stock at all.
It’s business model is very much dependent on US Govt contracts and very little else. Good for trading but definitely not for buy and hold.
 

TVaddict

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It’s business model is very much dependent on US Govt contracts and very little else. Good for trading but definitely not for buy and hold.
Not really. Their commercial contracts cover more than 40% of their revenue now.
 

d5dude

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Why is it still making a loss after being in the business for 20years? i dont get the high valuation of this stock at all.

This is actually quite normal for tech companies, many have been around for more than 10 years and they continue to lose money even after they go public. Very few tech companies eventually become as profitable as Apple or Microsoft.
 

Sweetangtang

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1st, moi not guru... Just learn from mistaken, nvr buy all in one transaction unless u can confirm its the very bottom.

I am buy 25units to 100units in one batch depending on how low the price and bullet availability.
Thanks for your advice. Will do so.
 

Dteg

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from reddit r/stocks


Title is :
Dymon Asia Capital purchases $100,000,000 worth of Palantir ($PLTR) shares


http://pdf.secdatabase.com/44/0001172661-21-001130.pdf

SECURITIES AND EXCHANGE COMMISSION

FORM 13F-HR

Initial quarterly Form 13F holdings report filed by institutional managers

Filing Date: 2021-05-14 Period of Report: 2021-03-31 SEC Accession No. 0001172661-21-001130

FILER:

DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. CIK:1672142

IRS No.: 000000000 State of Incorp.:U0 Fiscal Year End: 1231 Type: 13F-HR Act: 34 File No.: 028-17414 Film No.: 21922569

Mailing Address:

ONE TEMASEK AVENUE #11-01 MILLENIA TOWER SINGAPORE U0 039192

Business Address:

ONE TEMASEK AVENUE #11-01 MILLENIA TOWER SINGAPORE U0 039192 65-67051666

Me:
But my calculations of 227326 shares don't add up to $100, 000, 000 so I don't know how the maths was worked out
 

kazyone

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It’s business model is very much dependent on US Govt contracts and very little else. Good for trading but definitely not for buy and hold.
You are right. Gonna sell most of my pltr and only keep small portion for Long term hold.
 

bwaysaikryptonite

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auntie wood very sneaky buying and selling....sell time sip sip buy time announce big big let chiu all follow
 
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