Correction on my recent palantir short thesis
Posted: Dec 06, 2024
- Palantir stock is significantly overvalued
- Stock has gone up 25% in 13 trading sessions
- EV/sales multiple expanded from 51x revenue to 64x revenue
- Currently trades at 450x operating income
- Revenue per share is $1.19, operating income per share is $0.16
- Poster lost money on their short position
- Now believes Palantir is the best stock ever
- Has a position of 40000 3SPA @ 0.32 average
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!