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You can now book a live 1X1 call with me via Clarity here: https://clarity.fm/tomnashv2
I have a long position in PLTR.
DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching To'ms videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
So, let's have a chat about palantir, so volunteer this week is dipping. It's dropping. Whatever metaphor you want to use here would be applicable as it stands the making of this video. It's a 20.4 massive drop.
So what the hell is going on. Why is it dropping and was i wrong about palantir and is this the end of the whole volunteer thesis and you know, is this basically admission of a mistake right so, first of all why volunteers dropping obviously there's a lot there's kind of an exodus right now For valentin of what i call speculators, the swing traders, the day creators, the people who were in this talk for the greater full theory. They were in this because it was trendy because it was fashionable because it was extremely volatile, so they're leaving because you know, there's better money to be made short term in uh swing trading, uh different cryptocurrencies. There are other opportunities out there, which are more volatile.
More lucrative so also to this group, you have to add the people who you know say well, i'm in valentine until 2030.. This is a 10-year investment and they complain about the daily stock swing price. So there's a lot of fakers and a lot of people who not really long term are exiting the stock right. Now all the swing traders, the speculators moving on to other trendy stock and it's cleaning up the investor base, which i like a lot also it creates a pricing opportunity to get it quite cheap at 20 and a half dollars.
I definitely load it up as much as i can. My only concern this point, i'm running out of money, i mean at this point. I don't think i have any more money to deploy right now for piloteer, without dipping into my 30 emergency fund, which i am holding for for the tapering event. So the question is so: is this? The end of volunteer is volunteer finished? Is this company doomed so right now, volunteers, trading at about 20 and a half dollars which is give or take about the 29 price to sales ratio? Just to give an example of a comparable price to sale ratio of similar companies like crowdstrike? I believe it's like 53.
datadog. I think it's above 100, a snowflake, i think 120.. So as far as comparing this company to other high growth, disruptive technological data companies, it's kind of cheap to be honest at 29 - i think it's an opportunity. I definitely don't think it's done.
If you look at their financials, i mean their cash flow. Positive free cash flow last quarter was 200 million. They grew over significantly expected to still grow at about 40 percent next year, they're, adding commercial clients they're, adding a government clients. Fundamentally, the company is doing better than ever so yeah.
The other thing is for uh for the swing traders. I think they're selling it a little bit early because alex carp is basically done, selling right now, so he's finished with the batch of options that he exercised from 10 years ago, which means he can he doesn't need to sell anymore to buy more options. He doesn't exercise anymore, so that is also going to push the price a little bit forward or upwards in the short term not like here. So i think they pulling the trigger a little bit early on this, but obviously a lot of panic selling a lot of emotions, a lot of uh. You know whining, and it's just it's like christmas - for the real long-term investors of palutear. So i honestly don't care about the price right now beyond the fact that it's a cheap opportunity. I i see this as a 20 30 stock and again it's fine if you don't and they find. If other people disagree with me - and they might say well, talented - is garbage because of a b c d.
Fine, we can disagree, but i think volunteer is definitely the future and i'm gon na be investing much more as a dips. I don't see it dipping much more, but then again i've been wrong before right. So, let's see what happens.
Don't expect palantir to go up when the whole market is going down
Garage Stock Involved with the voting scandal with president trump! The Truth I sold mine month ago!
Selling puts on PLTR now. I just can't see it dipping much lower than this.
I listened to the founder on CNBC today. His response to their questions alarmed me. Essentially he advocated ongoing share issuances and diluting shareholders. I was a longterm holder and closed position.
Fundamentals do not matters in the short term. What matters are pumpamentals(lol) as Ivan on tech states. And they are against Palantir. So, why would you be buying something which is in the downtrend and can break down at any moment?
anything below 20 is a bargain for me especially "IF" it goes down to 18 then im going HEAVYYY
You can watch 100 videos on perfecting your deadlift form, but you won't make any gains until you start deadlifting.
Start small and build up!
These conversations are tough to take. We're not allowed to cheer the long-term 'investment', then complain about the short-term 'Trade" pricings. It's crazy, people.
trust me.. i am a trader and opportunity cost is important.. but u gotta build a long term bag
I think PLTR is falling back because Alex Karp came out and said that American companies working in China should have to justify their position .
"Palantir is long term"
Every 5 minutes: "What went wrong with Palantir today" 😆
Bro, I'm trying to sell blood or whatever I can do to sell cash secured puts down to $17, $18….. This is what you get more of on generalized market corrections. "Like Christmas for the real long time investors", you nailed it.
They have no respect for shareholders. They need to do something about the price. It's ridiculous.
If you see the comment simple yes or no, please. Are these good to hold fo 5-10 years, and are they good for incoming tapering impact? PATH, TSLA, INO, EDIT, PLTR, PYPL, CGC, BLK, AMZN, GOOG (my 10 fo next 10y dollar-cost averaging in each mont)
Wish I could buy more but if I do I’ll raise my average cost
I got in pre ipo at $6.00
And have a total of 6600 shares and my average cost is $7.75
Palantir is not reliable for now at least… don’t like there balance sheet and don’t like the amounts of shares that they hown on top of that…. Plus they invest in Gold instead of bitcoins… for guy coming way back from the tech community… it’s simply a bad bad decision from Karp….
200 million of cash however paying 42 billion for the company at this price 😀
Im feeling like that meme of the bf checking out another girl while he is with his gf. I'm all in on TSLA, but PLTR is looking really good at these prices.
Price to sales ratio is nonsense for assessing a stock's value. This metric has been invented in order to make overpriced stocks look cheap and absolutely doesn't reflect the value of a stock. The only metric that matters is price to earnings ratio and in the case of Palantir it stands currently at 143. At these levels even the slightest miss on growth would send the stock down spinning. It can go easily 80% down and would be yet not cheap.
Market told that inflation is coming and pltr, roku, celh, se, companies will have lower profit or none in next years. so capital is moving from growth stocks. maybe it will back here, but it depends on Biden and yields.
At these elevated and thus absolutely speculative levels, price to sales is one ratio that at best works only as a comparaison to other elevated price to sales ratios. Sorry for being mundane but then the MS Excel circular reference warning is also mundane …
You are doing your best to write off that skoda as a business expense I see :D. At least put some RGB in it!
Thanks as always for all your thoughts and insights on Palantir. Mind sharing what's your strategy when tapering event happens?
Hahaha PLTR is cheap because there are more expensive stocks. What a joke you are .
I am still short plntrshit
TSLA is long for me
They need to stop talking about Govt contracts and start talking about how their software is helping private sectors improve life. I get their machismo, i also am a fan of the USA. However, stop talking about catching terrorizers and start talking bout how the software saved the taxpayer MILLIONS of dollars by reallocating (personnel) resources throughout the States
At this point looking at all time low like 6 or 8, might buy a few penny above that. To many games on this ticker. Did same on Nickola at $8, made a barrel of money.
Tom, any chance you can make a video to expand on your 30% reserve held in place for the tapering ahead and the reasoning behind holding that much in cash?
It would be interesting to compare to great investors like Buffett, Ackman, Dalio, Marks, etc to see how much they are holding in cash, if possible.
I'm also long PLTR, so the fluctuations doesn't pique my interest, but the holding 30% in cash strategy does.
20-22 are best time to load up. Loaded up more at 20.33 yesterday
The new tech investors hasn’t seen a real bear market before. The market in 2020 ant a bear market. Bear markets chews up everything. It challenges your thesis on why you invested in this company in the first place. Don’t look at sales growth as the defining thesis on why u invest in this company. Look at what the value investors see. I look at trailing free cash flow and this Comany is so overvalued it’s not investable. 90x FCF. You want to buy a stock growing at 20% like PLTR at 20x FCF. Based on that, the stock should be a $10 buck stock. $10/.5==20. Which ironically is not far from where the stock was priced in the private markets before this company went public. The smart money priced it at $8 in private markets.
Dude, my advice, you need to stop talking about the Palantir, and stocks in general.
Maybe weather channel would be the better choice.