PLTR: They said the quiet part out loud [DD]
Posted: Nov 25, 2024
- PLTR moved to Nasdaq to attract billions in ETF buying and reward retail investors
- The company's management may be manipulating stock market indexes to boost valuation and insider selling
- PLTR chose a direct listing, ensuring larger float and immediate index inclusion
- The company invested in SPACs to buy revenue and meet SP500 inclusion requirements
- PLTR is positioning for Nasdaq-100 inclusion, backed by big institutional investors like Vanguard, BlackRock, and State Street
- Insiders are selling shares to institutions, taking advantage of brainless, rules-based buyers for liquidity
- Index inclusion has caused major market cap growth despite disconnect from fundamentals
- Companies like PLTR are using strategic decisions to manipulate indexes and pump stock prices outside of business fundamentals
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - Discussion includes both skepticism about potential manipulation and unethical behavior, alongside appreciation for strategies that seem to align management interests with shareholders, leading to an overall positive sentiment towards holding or buying more due to perceived benefits. Summarized comments: - Discussion of Palantir implementing a modified lock-up period not typical for direct listings. - Palantir's involvement in SPACs viewed as a grey area but not illegal, helping in short-term revenue boosts but not sustainable for long-term profitability. - Palantir wasn't GAAP profitable until 2023, affecting S&P 500 inclusion timing. - The stock market perceived as a psychological game where narratives play a significant role. - Management aligned with shareholder interests, perceived as maximizing stock price. - Some users grateful for market manipulation benefiting portfolios. - A detailed DD presented, but opinions differ on its validity and impact on stock price. - Concerns about Palantir's hiring practices concerning their AI-focused market strategy. Stock tickers discussed: $PLTR
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