Nothing more than what's been posted here. Honestly, I get the broad picture of the situation regarding the reverse merger and this essentially being a SPAC as it's a shell company place holder on the market with virtually zero assets, and can be attractive to a firm not wanting to go through the whole IPO process. But I don't fully understand all of the logistics of it, which is why I'm only in for a little bit.
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02-18-2021, 03:18 PM #1951"The dildo of consequences rarely arrives lubed."
See OptimusTrajan' sig
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02-18-2021, 03:22 PM #1952
It's a total YOLO play. Honestly probably better odd's at a slot machine really.
If something does happen, or if people at least think something will happen you could get a big uplift. But it's entirely rumors right now. SPAC's are hot right now and people are willing to FOMO into that gain train.Power Engineer Crew
Tradie Life
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02-18-2021, 03:34 PM #1953
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02-18-2021, 04:38 PM #1954
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02-18-2021, 04:43 PM #1955
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02-18-2021, 06:13 PM #1956
From everything I read about PLTR (still reading), it's seems more and more like a long term play. They have a good product and good opportunities, they will grow in time, but it doesn't seem like a short term mooning opportunity.
I haven't bought any PLTR yet, I need to factor in overseas taxes (ausbrah), not sure my angus can take more taxes at this point.Lifting Crew
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02-18-2021, 06:21 PM #1957
Alright boyos, this is officially the Point of Departure.
Palantir had its fun in port but it’s heading out now. It’s a long journey, lots of bumps, but riches await for those willing to stay the course. Estimated journey time? Minimum 3 years, possibly decades.
Let’s head out boyos, this was likely the bottom today, a point it will never reach again.
Get in tmw am or get left behind!
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02-18-2021, 07:04 PM #1958
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02-18-2021, 07:14 PM #1959
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02-18-2021, 07:49 PM #1960
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02-18-2021, 08:04 PM #1961
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02-18-2021, 08:34 PM #1962
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02-18-2021, 08:44 PM #1963
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02-18-2021, 08:46 PM #1964
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02-18-2021, 08:48 PM #1965
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02-18-2021, 08:48 PM #1966
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02-18-2021, 11:53 PM #1967
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02-19-2021, 01:41 AM #1968
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02-19-2021, 01:47 AM #1969
I thought I was done with calls, but this week was a 2 standard deviation move. 100% IRA is long PLTR. Trading account is 100% $30 2023 LEAPs with expectation to sell in May.
LEAPs are a reasonably safe way to leverage a standard deviation play, or if things take off today/next week I might just quickly flip and load back into shares. Example, if this things rises to say $30 today? I’m selling all of it and flipping back into margined shares. (Btw out of curiosity, anyone know what their margin requirement for PLTR is? E*TRADE has 75% which is stupid right now. I’d much rather 2x margin than do LEAPs but them make the rules. It’s a big enough issue I’d consider trying another broker.)
Getting a significant cash infusion next week depending on when the wire hits. That will about double my trading account, 100% of that will go directly into 1.25x margin long PLTR unless the stock keeps falling at which point I’ll look at what LEAPs look like compared to stock.
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02-19-2021, 02:21 AM #1970
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02-19-2021, 02:25 AM #1971
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02-19-2021, 02:36 AM #1972
- Join Date: Sep 2007
- Location: Rhode Island, United States
- Posts: 10,029
- Rep Power: 33285
take a peak at qs and riot - both solid future (qs already had a small run yesterday)
and riot dip like a mofo so same plan as pltr
also, zkin to lunch new product by new week (long term stock)
let's make money broooosssss!!!Last edited by camaleom; 02-19-2021 at 02:54 AM.
"Paper money is going away" - EM
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02-19-2021, 03:16 AM #1973
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02-19-2021, 04:21 AM #1974
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02-19-2021, 04:51 AM #1975
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02-19-2021, 05:08 AM #1976
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02-19-2021, 05:38 AM #1977
- Join Date: Dec 2007
- Location: Littleton, Colorado, United States
- Age: 55
- Posts: 26,107
- Rep Power: 249531
I had thought the lockup ended today . . . but saw news that it was yesterday, too. So I'm confused. Was the volume and drop yesterday actually due to lockup ending or was it fear from the earnings and fear of the lockup expiration and the actual lockup drop is yet to start?
Premarket so far looks like it's clawing back what it lost yesterday. Will be interesting to watch today.*MFC Elder Statesmen Cabinet Crew*
**Distal Bicep Rupture Crew (Feb 2013)** -- recovery log: http://forum.bodybuilding.com/showthread.php?t=151942933
**Extreme Dips Crew** - http://forum.bodybuilding.com/showthread.php?t=136113651
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02-19-2021, 05:45 AM #1978
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02-19-2021, 05:47 AM #1979
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02-19-2021, 05:47 AM #1980
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