$Palantir Technologies Inc.(PLTR)$PLTR may never see $20 in the next 30 years as they have just authorize 2 billion shares to be able to be added to the float for dilution and raising cash in future. If they fully utilize the 2 billion shares, PLTR may be just a $2-4 stock. I think its unlikely for them to add all 2 billion shares into the float, they probably will use half of it. Means PLTR could worth just $7-8.
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or lets say this way: if some top 500 companies were cooperating with Palantir already and they are highly rely on Palantir. Guess who will be the last to goo bankrupt. (Apply the same theory to Organizations & Governments)
id love to see palantir goes to 7-8 cuz i can load a lot more (currently holding almost 7k shares). but does any of those institution & organizations (CIA FBI ICE) want to see Palantir keep losing in the stock market?
Maybe they dont care, but whoever is using Palantir's solutions are kinda in a symbiotic state, means they are stuck with Palantir. Eventually palantir would still earn money froom their businesses.