Investing General Discussion

Arden said:

I mean 300x fwd PE is kind of hard to ignore. Just like before, Burry isn't wrong, it's just a question of timing.

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Ya, I'd be very curious to see the dates on those puts and calls.

Rangoth said:

A fucking billion dollar bet against. i feel like that could move the market even on PLTR?(didn’t look up market cap)

im also interested in the dates because that’s just insane. I suppose if you trailing stop a buy far enough out it would work. But depending on date I feel like my money is put to better use short term. But when you make a billion dollar bet waiting 2 years for 30% is nothing.

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The thing that would make me hesitate is that Palantir isn't a truly 'independent' company, IMO. When you have that much government and especially intel agency 'integration' for lack of a better term it just says to me that there's shenanigans going on and you'd better have some kind of insider info to make a bet like this or you're going to have a REALLY bad time.

It's the housing crisis all over again: it was a market based on fraud then too, and we're just now understanding the full scope of the robbery they pulled off back then.
Palantir is in the same vein, most likely.