re: PLTR- who's a buyer at these levels?

The argument they aren’t new so it’s over valued makes no sense. Yes they were founded in 2004 but it was a whole new technology that Thiel only had a vague model for. Of course it took time to develop Gotham. Then they added Foundry. You don’t develop that technology over night. I think a lot of long time employees cashed out because people are risk adverse and would rather have a million now when they have the chance. I don’t see Thiel or Karp selling everything. PLTR is adding product lines and once business figures out how PLTR increases profitability they will be long time customers. I’m happy when doubters don’t buy in because it will lower the price for me.