Valerie Archibald
01-09

$Palantir Technologies Inc.(PLTR)$ It's interesting how PLTR has dropped 14 points in the last four trading sessions because an analyst from Morgan Stanley (who BTW stopped covering PLTR but owns 23 million shares) decides to cover it again with a $60 pt. Then Bryn Talkington of Requisite Capitol was on CNBC and said she likes Palantir and it's a great company but the valuation is too high so she sold half of her position, only half. That's her right to do that. Then on the same show Joe Terranova said he owns PLTR (but not selling any) would advise clients that want to take a new position in PLTR to wait until the high $50's or low $60's. Then Kathi Wood sold shares of Palantir and she bought Archer which has dropped about four points since her entry point. So we sold off 14 points. How come nobody asked Vanguard who holds 244 million shares or Blackrock who owns 158 million shares or State Street that owns 83 million shares or even Morgan Stanley that owns 23 million shares why they didn't sell any shares? See what I'm saying? A few people sell and we drop 14 points on ZERO bad news? Now if bad news leaked that Palantir wasn't getting any commercial business or the $900 million dollar naval contract I could understand the drop. But on ZERO bad news? I own 7000 shares at $12.37 average and I see $300/shr in 3-5 yrs. IMO and sorry to be so long winded.

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