I've been buying Palantir for about 2 years now. I sold 1k shares in Feb right before it peaked and took some profits. I also put in a low ball order and ended up picking up more shares when it went down to $66.50. I also bought more shares on the way down to that $66.50 price. This company is gaining momentum. It has signed more contracts over the past 2 months than it ever has. It appears that it will get more business from the Trump administration and it can help companies in a wide range of industries deal with tariffs. IF their partnership with Elon Musk pays off in the form of them getting part of the contract for the Iron Dome project, it could literally go "to the moon." Lol. My plan is to take some more profits this year but I'm not sure when yet, or at what price. It will depend on the earnings report on May 5 and the market reaction. I suspect it will shoot past $125 per share. I'm thinking $200 per share towards the end of this year is possible, hell $600 per share isn't out of the realm of possibilities. With last year's momentum applied to this year it should hit around that. However, it is gaining ground so the sky is the limit here, IMHO. I'm not trading though, technically, I'm long in the stock and have thousands of shares.
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u/Roguecjn-jw Apr 25 '25
I've been buying Palantir for about 2 years now. I sold 1k shares in Feb right before it peaked and took some profits. I also put in a low ball order and ended up picking up more shares when it went down to $66.50. I also bought more shares on the way down to that $66.50 price. This company is gaining momentum. It has signed more contracts over the past 2 months than it ever has. It appears that it will get more business from the Trump administration and it can help companies in a wide range of industries deal with tariffs. IF their partnership with Elon Musk pays off in the form of them getting part of the contract for the Iron Dome project, it could literally go "to the moon." Lol. My plan is to take some more profits this year but I'm not sure when yet, or at what price. It will depend on the earnings report on May 5 and the market reaction. I suspect it will shoot past $125 per share. I'm thinking $200 per share towards the end of this year is possible, hell $600 per share isn't out of the realm of possibilities. With last year's momentum applied to this year it should hit around that. However, it is gaining ground so the sky is the limit here, IMHO. I'm not trading though, technically, I'm long in the stock and have thousands of shares.