Hey this is tom, with a quick update about talenteer. Just before the weekend, we had a new announcement from volunteer about yet another government contract 90 million dollars four years with the va another contract on the list of long contracts announced over the course of the last 60 days. In fact, when you tally it up, you have over 1.1 billion dollars of new contract, just in the past two months alone. Now that is actually insane.

When you look at how much money the company was just making three years ago, just three years ago, planeteer was making 600 million per year in revenue. They just doubled that in the last 60 days alone. Now, of course, i understand that the government contracts they come in waves and usually towards q3 september - that's the big wave, but through their credit talenteer, were raking up these contracts throughout the year every single quarter. It doesn't seem to stop so that kind of doesn't really make sense to me because they seem to be getting these contracts on and on and on now i know a lot of you will be bummed out looking at the stock price, basically saying well tom, how Is it every time we have a new announcement, this company is going down, the stock is going down, and for that i have one simple answer.

This stock is not really for day traders. It's not really for swing traders. Well, it is, if you're a professional swing trader. You can definitely use the volatility, but i mean the hardcore audience that this stock actually should appeal to is people with at least five years of verizon and whether you like the stock price or not? You can't ignore the speed of acceleration of this company.

They just announced more contracts in the last 60 days than they did in the entire 2020 2020. They made about a billion. They just announced contracts at 1.1 billion in just two months. Now, of course, they're caveats.

I just mentioned one earlier government contracts 10 to common waves. The army, 823 million, is kind of a pro at a contract where you can buy a certain amount and it's up to 823 million, but with the stickiness of the product and the services of valentier. I'm sure they're going to utilize that contract and some over the course of the next seven years. In fact, just think about it.

This way, pilot right now has in backlog contracts actually secured about six billion dollars give or take which would allow it to make one billion dollars per year for the next six years, without selling any single contract for six years. They can literally maintain this level of profitability. Without doing i don't know a lot of companies that can make one billion per year without doing nothing now think about the growth rate that they've announced thirty percent, so for thirty percent they really have to do a little work. They have to sell about.

Thirty percent of work per year just to hit that i think, there's sandbagging, that i think it's going to be much higher. I anticipate 40 to 50 per year over the next five years, but then again, what do i know? I'm not a financial advisor, i'm just a guy with an opinion which might be inaccurate might be wrong. Finding the rammings of a madman, you still got to do your own research, but the biggest problem i see with palantir is how people think about it. There's this narrative that the commercial side is much more important than the government side and to an extent i agree.

The commercial side is extremely important because that's the growth engine for the next decade - that's where the big growth is going to come from for the next 10 years. However, you can't just write off government contracts as if they don't mean jack, because the growth in the government sector also means dollars, and you can't just ignore those, especially with the margins of volunteer versus the other contractors, are insane think about it. How much easier it is to write a piece of software than to build a fighter jet. These guys are making top dollar high revenue high profits, high margins at ease, they're pretty much the only game in town for government contracts of that sort.

You can't just ignore that and say i'm focused on the commercial side. The commercial side is obviously important, but don't just ignore the insane behemoth. That is the government side. It is also a huge revenue generator and, at this point, a lot of the bears and the haters will come out and say well tom.

The dependence on these government contracts for palantir is not healthy, because the us government can actually decrease its spending on defense. Now lebron doesn't play defense, but the us government does in fact we didn't see a cut in defense spending since 1945, so it's not very likely, but then again maybe the stock isn't for you if you can't get behind it because, as i mentioned earlier, high conviction Creates confidence which eliminates basically pressure, i don't feel pressure when the stock price goes down and that's the answer for a lot of you asking well tom. Why is the stock price so bad? Let me explain something: that's not bad if you believe in the company, if you have the faith and you have the conviction, there's actually a prolonged opportunity to buy this stock for cheap. It's as simple as that.

Now, when i see the price drop, i'm happy because it allows me more time to buy more of it for other people, it's not so good, but if you're a swing creator by heart, if you don't have the patience, if you don't have a commission just you Know there's other options: valentina isn't the only game in town just other stocks for you, if you stay behind it, you stay for the next five years. I think it has the potential to go kaboom, but then again, what do i know? I'm just a youtuber. As always, a huge shout out to channel members and the patrons you guys are amazing. Thank you so much for making me basically able to do these videos.

I absolutely love everyone. Every single one of you for almost 250 000 subscribers. That is insane. So if you're watching this video, i never ask it, but you know what i'm not going to freaking.

Ask it. Don't click, nothing, don't smash, nothing, don't buy nothing! No courses, no discounts i'll, see you tomorrow.