Palantir announced Q2 earnings on this morning, August 8th, before market open. Share price have dropped in pre market based on the poor results and in this video I will offer my own 2 cents about what the results looked like. Palantir Q2 Earnings: 10 Minute Recap | Tom Nash
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By Stock Chat

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34 thoughts on “This was a complete disaster”
  1. Avataaar/Circle Created with python_avatars base4267 says:

    It's hard to be a bull anymore. As soon as PLTR gets back to 14.11 a share, what I paid for it. I'm out

  2. Avataaar/Circle Created with python_avatars Bee Dt714 says:

    damn , I bought this at $9 and sold it at $38 lol. Havent looked back since. I may buy in again for a little swing ๐Ÿ˜‰

  3. Avataaar/Circle Created with python_avatars Irunthiscity2 Harriett says:

    Tom, I think you should write a letter to Palantir investorโ€™s relations.

  4. Avataaar/Circle Created with python_avatars P J says:

    Alex being Alex ๐Ÿคฃ

  5. Avataaar/Circle Created with python_avatars Ryan Cimino says:

    Long term investor and your worried about 9 months of earnings calls?

  6. Avataaar/Circle Created with python_avatars Burst of Knowledge says:

    No joke I sold my PLTR shares at 4:05am the morning of earnings taking profits because of your video warning us and you were spot on. So glad I did and now if we see PLTR move lower I can buy back in at a lower price. Thank you!

  7. Avataaar/Circle Created with python_avatars Gamer Dell says:

    the stock was up 40 percent in weeks until recently. i think its fine unless you just bought lol

  8. Avataaar/Circle Created with python_avatars castamir says:

    I bought PLTR at $20 and sold it at $27 out of technical analysis and purely gut feelings, making around 36% on PLTR. I dodged a bullet. I feel terrible for the people who bought the dip and are now holding the bag. I got called out for not understanding PLTR and that I am a short term trader. They may be right that I did not understand PLTR. Maybe PLTR will be back to $30 eventually in 24 – 36 months. But I still dodged a bullet on this stock.

  9. Avataaar/Circle Created with python_avatars Chi Tao Foo says:

    thank you tom for being truthful

  10. Avataaar/Circle Created with python_avatars Ray Biglow says:

    Just want to say that I really appreciate your analysis. Just to mention your ideas BMY, JNJ let me book profit in kind of bear market.
    PLTR is unclear to me as of now. We have sequential slow down in revenue growth. Thus, naturally stock is punished. Would we resume growth? Alex Karp seems certain it will. We might have a hick up in government spending (plus sales team is not mature yet.) It is very hard to guess stock price during the next 3 month because we had more than one quarterly slow down.

    People like to interpolate (correctly or not).

  11. Avataaar/Circle Created with python_avatars EV4K says:

    I will always remember the earliest video from ๐Ÿ”๐Ÿง ๐Ÿ‡ธ๐Ÿ‡ฌ where he mentioned that PLTRs ability to scale to the masses was an issue. I can understand that even though he changed his mind so my investments went elsewhere โšก

  12. Avataaar/Circle Created with python_avatars steven smith says:

    I am not even going to watch the video. Just here to say that your analysis on palantir was dead wrong and I should have never listened. Remember when you mocked the article that said palantir was a $5 stock. Who's laughing now Tom?

  13. Avataaar/Circle Created with python_avatars Heinzy Ketchupy says:

    ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ๐Ÿคฃ and people laugh at Cathie. She prevented more losses by selling PLTR at least for the short term

  14. Avataaar/Circle Created with python_avatars Danny Tuen says:

    Their focus is on the govt not commercial. He said on the earnings call he doesn't care what the stock price is. They need better marketing and PR.

  15. Avataaar/Circle Created with python_avatars Mr G says:

    you are exaggerating lol tone it down. a little….the macro conditions are terrible and they still delivered all things considered.

  16. Avataaar/Circle Created with python_avatars B M says:

    can you please make a video going over the new inflation bill? Thank you!

  17. Avataaar/Circle Created with python_avatars aborygo says:

    Karp has to step down or understand that the most important product of a stock company is shares. If he wants to philosophize further, it was not going to go public.

  18. Avataaar/Circle Created with python_avatars Robert Bachman says:

    Top notch

  19. Avataaar/Circle Created with python_avatars Stacy says:

    Only reasons they lowered guidance was the unpredictability of their contracts. Some quarters will be beat others will miss depending on when they get paid. Commercial growth has been amazing which no oneโ€™s talking about. If we were up today people would say weโ€™re going to 100. Lots of companies cut guidance but the difference is too many retail noobs that donโ€™t understand the company are in the stock.

  20. Avataaar/Circle Created with python_avatars Sue Bowman says:

    I am in the deep red. I still like the PLTR company what they do. I will add more if it is below $9

  21. Avataaar/Circle Created with python_avatars G Reid says:

    Karp preaches about how amazing their product is and how they're a company who excels during wars and hard times… Yet we're declining in every category, every quarter…

  22. Avataaar/Circle Created with python_avatars Mikey says:

    Can you imagine paying these stupid executives millions of dollars to read off the slides? Me neither because I sold. I was a hardcore bull but karp needs to go. If the majority of the SBC is going to executives, they are just taking advantage of the stockholders.

  23. Avataaar/Circle Created with python_avatars Felipe Behrens says:

    Alex Karp can be as much of an A-hole as he wants, as long as the share price is growingโ€ฆ right now he is just an a-holeโ€ฆ

  24. Avataaar/Circle Created with python_avatars Hola! Oscar Cuzzani says:

    Great summary Tom!
    How are the companies that use Palantir software doing? This should be their impact right?

  25. Avataaar/Circle Created with python_avatars Rudy A. says:

    I dunno why u bother going thru all these details for this POS co u been promoting forever. Money is better out elsewhere

  26. Avataaar/Circle Created with python_avatars Gilbert says:

    Sold this crap at low 20s and never looked back

  27. Avataaar/Circle Created with python_avatars Mat Lenaghan says:

    Well I've been saying im holding this stock for 10+ years but now that they've had one average quarterly earnings call in the middle of a recession I'm going to sell it all – every palantir investor today

    Pathetic.

  28. Avataaar/Circle Created with python_avatars khanfauji says:

    Epic

  29. Avataaar/Circle Created with python_avatars khanfauji says:

    Yes shorter videos please. Good content and fast delivery. Thanks ๐Ÿ™

  30. Avataaar/Circle Created with python_avatars PepperJackShack says:

    Tom married this stock hahaha

  31. Avataaar/Circle Created with python_avatars Mohammad Hindi says:

    BNGO ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅPublic service announcement, its a good time to keep an eye on BNGO … this stock had so much hype last year , reached $17 and got beaten down all the way to the 1-2 $ range … its making a come back and it been given a $12 PT by Oppenheimer and BTIG and rated as a strong buy.. the time to buy is now …. do your DD

  32. Avataaar/Circle Created with python_avatars Sam S says:

    Their tech is sophisticated and itโ€™s not easily adoptable or for teams to use. Large companies need to adopt it for growth to go exponential.

  33. Avataaar/Circle Created with python_avatars southernfriedhackers says:

    Headline: "$PLTR CRASHES TO LOWS NOT SEEN SINCE LAST WEEK" lol

  34. Avataaar/Circle Created with python_avatars 4Leka says:

    I think it's way too early to judge whether the new sales teams are working or not.

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