Why the 120 euros at Palantir

Nobody · 2025-02-20T13:37:20.211909Z

$PLTR why the big sell-off at 120? I mean, why not at 50, 75, 100 whatever!? Anyone have any useful ideas?

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Remember one thing. The decisive factor is the dollar price. The euro doesn't matter at all. Because Palantir is traded in the USA

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gui H.@useref748d772fc84f3e

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@Sansebastian Remember one thing: the question is still justified. Your comment is of little relevance.

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Sansebastian@Sansebastian

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@useref748d772fc84f3e No, because the 120 EURO don't matter at all.

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gui H.@useref748d772fc84f3e

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@Sansebastian 😁👌🏽

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Rbbbbb@Rbbbbb

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Let me ask you how many of you are addicted to drugs

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Rbbbbb@Rbbbbb

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@Sansebastian ki 🤖 is not aware of himself 🤣

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TAHT@TAHT

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Because the valuation was absolutely absurd, and people decided to limit their risk and cash out.

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Nobody@Nobody_123

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@TAHT i know, but the evaluation was already absurd before..

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Null@Frei

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The trigger was probably defense spending to be cut in the USA

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Nobody@Nobody_123

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@Frei 🤔 You're right, I hadn't thought of that. Possibly... I had something more like Fibonacci retracements in mind

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MKR_@MKR_

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@Frei shouldn't the expenditure rather be partly "redirected"? in the direction of "specialization"? and palantir&co still has massive potential there - plus worldwide projects

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Ferto@feribum

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Yes, the Pentagon should reallocate money, i.e. cut somewhere and use it elsewhere

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Mike1990@Mike1990

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The boss wants to sell shares

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Nobody@Nobody_123

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@Mike1990 I cannot disagree

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Alexxela@Alexxela

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@Mike1990 yes, but he has actually corrected the sales plan so that he wants to sell less...

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Mike1990@Mike1990

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@Alexxela yes, but he wants to sell, and the share has also performed very well

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Alexxela@Alexxela

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@Mike1990 may be, but this is not news, as he already wanted to sell and was reported... the reason was in my opinion the Pentagon story and possibly short-seller in view of the valuation and the price increase in 2024 alone

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V8-Bierturbo@V8-Bierturbo

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120>100>75>50 😘
Maximum profit taking and fear of a big drop

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Nobody@Nobody_123

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@V8-Bierturbo sounds logical 👏😂

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Meister L.@Lumimyrsky

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had only corrected 25% at the beginning of January

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Nobody@Nobody_123

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@Lumimyrsky You're right, but I'm interested in how this magic limit of 120 comes about

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Meister L.@Lumimyrsky

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@Nobody_123 pure coincidence

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PMMVD@PMMVD

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Because the Us Gov. revised its plans … those plans that would have seen a lot of money going towards palantir.

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Nobody@Nobody_123

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@PMMVD Maybe

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Mo@BigMo

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Because the monthly chart is practically a vertical line.
Everything corrects at some point.

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Nobody@Nobody_123

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@BigMo That's right, I'm just wondering why at this point in particular

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Mo@BigMo

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@Nobody_123 It is enough if a larger investor, like many others here, thinks: "I'll take some profits".

There doesn't necessarily have to be another reason.

There has been a lot of fantasy in the share price for some time.

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Nobody@Nobody_123

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@BigMo 🤔 maybe you're right... and it wasn't the amount at all, but a concatenation

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