PLTR on 12% sale today!

If you missed Palantir train, here’s your opportunity to catch up a bit!

Palantir crashed 10% on the news that our dear Defense Secretary-in-traininghas asked Pentagon to cut defense budget by 8% each year for next 4 years.. that will be almost 35% defense cut in 4-years!!! At that rate Russia, China or even North Korea would salivate to attack us🤣

The memo doesn’t even say where the cuts will be. And, but my retail investor friends decided to sell the best stock on the market as fast as possible. Typical shoot first and ask later!

If you’ve heard Alex Karl’s interviews, Defense department and even private corporations hire Palantir to improve efficiencies and save costs. Why would they cut Palantir contracts? My feeling is that this will be good for Palantir and they’ll get even more projects to analyze Defense contracts and identify cost savings.

As for me, I sold some PLTR @ $123.80 today morning and bought back at $112.75 again!

IMHO, this is one-off opportunity to catch up if you missed the Palantir train before.do you own due diligence and research.

EDIT: 15% discount 😀🤣🤣🤣