Palantir, a real reason to be bullish (for once)

2022年5月17日

Ask any PLTR shareholder what bothered them most in 2021 and almost all of them will yell in unison - "SHARES BASED COMPENSATION!" They have a right to be upset. Nearly a billion extra shares hit the public float as company execs effectively flooded the market with them for pretty much the entire year. I can't necessarily blame them, as they were likely options that had to be exercised by a certain date and it's just part of how growing companies have to lure in new talent- offering stock. Nonetheless, LOTS of people are quite jaded by the whole ordeal. It doesn't make you feel great as a shareholder to know that the company execs are raking in tens of millions of dollars while simultaneously diluting your share value.

Well, here we have the first evidence I have found that not only has that subsided - it reversed! I am short term bullish PLTR to close the highlighted gap, but I am also thinking about putting in a longer term stake based on this finding. We can use all sorts of indicators, trend lines, patterns, etc to prove or disprove a belief in this polarizing stock Palantir..... but this is perhaps the single most important bullish "indicator" I have found. I truly believe if this trend keeps up Palantir has almost certainly already put in a long term bottom and accumulation has already began. With that being said, keep your stop losses tight if you're a trader and rather loose if you have a horizon of 1+ years. I can't fully get on board almost any individual security right now until I have more confidence in the macro indexes which are being battered with bad news from all sides. But when I do flip to full-bull, PLTR will be one of the first stocks I'm going to load up on.