Palantir Techno Share Price (0A7R)

Palantir

Well it didn't pull back it powered on. I decided that Christmas had come early this year and put a limit order on $24.77 which gave me exactly a 50% profit. It was executed last night. That sort of profit in a month comes only through luck or insider knowledge in my view. I didn't know the statement would be so bullish (didn't even know a statement was coming). So I got lucky this time and there are two lessons here, 1) don't be greedy, 2) don't start thinking I'm clever. If the stock was to fall back to say $20 I might get back in but often I just say 'thank you' and walk away. Just to remind myself ARM went up 66.9% over the same time and I actually knew more about ARM

Palantir Hi Ripley, Not many of us following this one. I too was very tempted to sell last night when the price went over $21 but didn't. After such a big jump one would expect some pullback but I had to ask myself if I could job this stock and came to the conclusion that I couldn't. Your trading record looks very impressive. I bought at $16.51 in early January with a timescale of one year simply because I thought they might be a beneficiary from the excitement around AI. The statement was exceptionally encouraging so I have decided to hold for a year and see where we get to. Good luck with your trading. I find short term trading exhausting and success rather random.

16 Analysts had expected the price to decrease by 8% from $16.72 to $15.36 .

News today Palantir Technologies shares soared 30.8% after forecasting upbeat annual profit.

Sold out today for $21.9 adjusted up after 15mins from $21.5 when I saw early day high at $21.8.

Since last sale 17th November 2023, they fell back couple of times to $16 on 5/1/24 & last week 31/1/24.

Volatile that is a 37% swing.

On the news tonight as big NHS contract obtained coordinating NHS individual health records .

It is controversial.

The share price dropped a little now $19.72