$Palantir Technologies Inc.(PLTR)$ Well let's face it, palantir surged in after market trading. Were the institutions involved? Doubtful because the volume wasn't that huge. Its retail pushing it up, and retail loves it. Heck im retail and i love it. Institutions were out having expensive dinners on their gains at the expense of our losses.
This is gorilla warfare my fellow retail investors, institutions hate us. Expect a hatchet job on palantir over the weekend. Reports about how crazy the p/e is, how unsustainable the growth is... wait a sec i need to tighten my tin foil hat, its falling off.
Fact is, we need to stop listening to the daily dribble of bobble heads that just recite the script they are told to read, by the manipulating institutions. Woops, how many shares of palantir did cathy woods sell in January? Oh dear, how sad, never mind.
So what is gorilla warfare? well there was a book written a few years ago called "the art of war". Actually if you have read it, well its actually older than than the ancestors you can track on apps like ancestry dot com. We are talking before Christ walked the earth to be fair. In that book he, Chinese guy btw said... when the enemy has overwhelming forces... irritate!
I have $1000 bucks to spare, do you? The enemy has a billion bucks. If 1 thousand of us have $1000 bucks,well thats hardly going to be an issue for them. But if we are not selling, just holding and buying the dips, then the big armies have to fight each other. We just eat cheese and crackers on the sidelines.
Live long and prosper;)
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May the force be with you [Salute]