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Cathie Wood went PLTR

Posted on 3/2/21 at 2:15 pm
Posted by mthorn2
Planet Louisiana
Member since Sep 2007
1233 posts
Posted on 3/2/21 at 2:15 pm
Should we follow the Queen of Tesla?
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10400 posts
Posted on 3/2/21 at 2:22 pm to
I did. It bounced off of support. Bought calls for April.
Posted by el Gaucho
He/They
Member since Dec 2010
53010 posts
Posted on 3/2/21 at 3:29 pm to
Idk I might buy back in and restrap myself to the whipping post
Posted by James11111
Walnut Creek
Member since Jul 2020
4661 posts
Posted on 3/2/21 at 3:35 pm to
quote:

I did. It bounced off of support. Bought calls for April.


I bought a few April 16ths, $25, at 2.79.
Posted by mthorn2
Planet Louisiana
Member since Sep 2007
1233 posts
Posted on 3/2/21 at 4:57 pm to
Seems 23 would have to be the bottom if its not there @24. They've been beaten over the last week... for a company making money.
Posted by JJJrich
Member since Oct 2010
533 posts
Posted on 3/2/21 at 5:14 pm to
quote:

Should we follow the Queen of Tesla?


I am a long term believer in PLTR, own shares and leaps, but it is still <1% of her main portfolio ARKK. Just because she stepped in and bought the dip doesn't mean the stock is saved. If PLTR doesn't hold this 22ish range its going to slide back to the 18ish range.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 3/2/21 at 5:22 pm to
Agreed. If you aren't long term on PLTR, then this might not be the stock for you.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69912 posts
Posted on 3/2/21 at 5:32 pm to
I'll never understand the absolute blind worship of this bitch.


She has more money than I do, but so does every Kardashian, who gives a shite? And it's a fricking actively managed ETF...so basically it's a lower expense mutual fund, with a short track record, that can (and often is) traded like a stock instead of a long-term investment. I can take that kind of risk on my own and pick my own fricking stocks to jump in and out of.


frick Cathie Wood, there, I said it.
Posted by JJJrich
Member since Oct 2010
533 posts
Posted on 3/2/21 at 5:57 pm to
quote:

frick Cathie Wood, there, I said it.


So Brave!

Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 3/2/21 at 5:57 pm to
quote:

frick Cathie Wood, there, I said it.


I will say that I am definitely not buying because of her.

Things I do know:

- Everything Peter Thiel touches is gold
- Palantir already has multiple contracts with the government that has gone through 3 Presidents
- Avril Haines, the current Director of National Intelligence, was a consultant for Palantir
- What Palantir is doing in regards to military intelligence is Minority Report type shite... recent article for reference
- They just gained partnerships with 3M and IBM, two major public ventures

For personal reasons, as I am an analyst by profession, the last part is huge for me.
I've been through home grown and out-of-box management systems dealing with everything from purchasing, accounting, warehousing, and sales...and although there's been great strides, most companies still stuck in the 90's in this regard. I believe what they are capable of (not just gov't contracts) is truly ground breaking, so these are my reasons for investing in Palantir.

My name is Yak, and this is my book report on Palantir from a personal perspective.
This post was edited on 3/2/21 at 6:03 pm
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69912 posts
Posted on 3/2/21 at 6:07 pm to
quote:

I will say that I am definitely not buying because of her.

Things I do know:

- Everything Peter Thiel touches is gold
- Palantir already has multiple contracts with the government that has gone through 3 Presidents


Wasn't speaking ill of PLTR, just so we're clear
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 3/2/21 at 6:10 pm to
We good baw
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10400 posts
Posted on 3/2/21 at 6:36 pm to
Wasn't ARK the most profitable etf last year? I personally prefer their active style of managing a portfolio.
Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/2/21 at 6:45 pm to
170% 1 yr performance. Wish I could just "jump in and out" like that.
Posted by mthorn2
Planet Louisiana
Member since Sep 2007
1233 posts
Posted on 3/4/21 at 12:48 pm to
ONLY GREEN I SEE TODAY
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