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Nobody
@Nobody_123
2J·

Why the 120 euros at Palantir?

$PLTR (-3,33 %) 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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Sansebastian@Sansebastian
2J
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
1J
@Sansebastian Remember one thing: the question is still justified. Your comment is of little relevance.
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Sansebastian@Sansebastian
1J
@useref748d772fc84f3e No, because the 120 EURO don't matter at all.
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gui H.@useref748d772fc84f3e
1J
@Sansebastian 😁👌🏽
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Rbbbbb@Rbbbbb
1J
Let me ask you how many of you are addicted to drugs
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Rbbbbb@Rbbbbb
1J
@Sansebastian ki 🤖 is not aware of himself 🤣
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TAHT@TAHT
2J
Because the valuation was absolutely absurd, and people decided to limit their risk and cash out.
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Nobody@Nobody_123
2J
@TAHT i know, but the evaluation was already absurd before..
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Null@Frei
2J
The trigger was probably defense spending to be cut in the USA
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Nobody@Nobody_123
2J
@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_
2J
@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
2J
Yes, the Pentagon should reallocate money, i.e. cut somewhere and use it elsewhere
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Mike1990@Mike1990
2J
The boss wants to sell shares
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Nobody@Nobody_123
2J
@Mike1990 I cannot disagree
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Alexxela@Alexxela
2J
@Mike1990 yes, but he has actually corrected the sales plan so that he wants to sell less...
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Mike1990@Mike1990
2J
@Alexxela yes, but he wants to sell, and the share has also performed very well
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Alexxela@Alexxela
2J
@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
2J
120>100>75>50 😘
Maximum profit taking and fear of a big drop
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Nobody@Nobody_123
2J
@V8-Bierturbo sounds logical 👏😂
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Meister L.@Lumimyrsky
2J
had only corrected 25% at the beginning of January
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Nobody@Nobody_123
2J
@Lumimyrsky You're right, but I'm interested in how this magic limit of 120 comes about
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Meister L.@Lumimyrsky
2J
@Nobody_123 pure coincidence
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PMMVD@PMMVD
2J
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
2J
@PMMVD Maybe
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Mo@BigMo
2J
Because the monthly chart is practically a vertical line.
Everything corrects at some point.
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Nobody@Nobody_123
1J
@BigMo That's right, I'm just wondering why at this point in particular
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Mo@BigMo
1J
@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
1J
@BigMo 🤔 maybe you're right... and it wasn't the amount at all, but a concatenation
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Gerry@gerry361
1J
The Pentagon is planning budget cuts at the US Department of Defense, which is why the share price is currently correcting downwards.
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Joris@Joris
1J
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