PLTR Pullback 'Warranted,' Weighing Bullish v. Bearish Sentiment

Palantir (PLTR) traded more than $30 under its all-time high on Monday after it just hit that milestone last week. Kevin Green notes that a pullback "may be warranted" given its astronomical run higher. However, Kevin makes the argument that he "wouldn't count the stock out," noting bullish trends keep the stock's momentum moving.

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[milwaukeegregg]

First bought this in 2020 at $26. Went to $6 and lost 80% of my investment. Bought more at $6 but not enough, Kept on buying 20, 30, 40, 50, 60. 70 and 118. Have 3610 shares I ain't going nowhere but to the bank when she wakes up My average is $42.. This is a once-in-a-lifetime stock....Keep buying if you have the money when its done adjusting...

[MoyDancini-el]

I just caught the latest update on Palantir—FOMO is in full swing. The stock’s down about 8% today, testing a technical gap, and shares have already pulled back 20–30% from recent highs. It’s crazy how these sudden drops can shake our confidence.

[DiFinni]

People need to chill. Palantir has no competition at this point, they will be fine. Government needs them, they are not going to stop using Palantir, they will most likely be using even more Palantir.✌ Patience for long term.

[kindafast]

Everyone needs to calm down lol. I was there at ipo. I was there at 8 dollars. And I was there when we hung out at 8-12 dollars for 3 years.

And, everyone is freaking out at 85-100. If you don’t have patience you aren’t meant for the market. In time we will look back and laugh at 85-100 when it’s at 300.

[tylerhannon]

Not selling my position... Waiting to buy more... Hold fast!

[Mseihcir]

DCA on the great stock $PLTR this is a bargain price at this low 💰

[kurtdittburner]

The face of the military is changing!
Sure some contractors will suffer from budget cut.
I dont believe pltr will be the one of them.

[Vix]

Well, lot of us wanted a pullback to buy more. This is what it feels like. I think let it come down some more.

[TheMotownhustler]

January Effect: When large traders pull profits for their summer vacation. That’s my story and I’m sticking with it. Around tha last week of March the market will swing back up until May. Then it’s sell in May and go away.

[borisdodgingbullets]

Buying between $90 and $80 for the long-term!

[ZR-CoR]

Gov cutting budget doesnt mean they are cutting PLTR, it may possible be the spending that is lower with the usage of PLTR that the gov can now cut those unwanted budgets from other department.

[mikevalentine]

Great Company, many facets for Gotham n Foundry...Alex selling a bunch of shares till May will cause a pullback. Supposedly a Billion dollars plus worth.😎✌️

[randalcolucci]

PLTR is going below $80. Then, rally back up to 95-98. It will go sideways until the following earnings report. If that falls below expectations, watch for another sell-off. A few large government contracts are needed again

[RetroSegaGameIRL]

PLTR will be a bargain, they will be the one implementing efficiencies, or they wont touch defence regardless of what they say. It'll just take one thing (China, mid-east) for them to roll back on that

[De-Centralized]

Everyone is pulling out their crystal balls, rofl. All I know for sure is I'm feeling and acting GREEDY while this lasts.

[muratshogenov]

Palantir price is getting cheaper because of macro. The company is good

[TeslaEVolution]

Next SUPPORT $77 AND THEN $65 = LOTS OF DOLLARS TO support.

[gordonj.wallis]

No institutional investors. Dangerous.

[LeNguyen-imdm]

I believe $85 is the right target price for Palantir.

[ArBigDaddy]

Go up fast and it will go back down twice as fast. You want a healthy increase not an increase like its on drugs.