I'm trying to fathom why it has dropped so severely.

I'm trying to fathom why it has dropped so severely. I believe as TechSeller states that the product (their software) is best-in-class, but what will the demand be given the following changes/dynamics: Inflation is more severe than they forecast and not going to subside as quickly as they thought, maybe not at all... the supply chain disruptions, workers not coming back to work (even after the Covid assistance ended)...ships stacked up in the harbor, not enough truck drivers to transport the goods, fear of upcoming 3rd Qt earnings reports given the ongoing supply chain issues over the last quarter and presently, fear of Evergrande contamination, etc.
All adds up to a shaky market right now. My guess is that the 13-F forms that institutional investment managers (managing a 100 million or more in securities) must file by November 15th ... are going to show a net decrease in the number of Palantir shares held by institutions as of
September 30th/end of 3rd QTR. I am long...and regrettably I significantly added (5X) to my position last week...above $25 in pre-market the day after they released the news about the Army contract...:-( But, I am holding. You don't lose until you sell.

$Palantir Technologies Inc.(PLTR)$

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JayceLee
2021-10-24
JayceLee
My view is there were many buyers trapped above $30, so those buyers rushed to sell the moment the price reaches near 30. A good thing for long term holders as we can accumulate more at lower price.

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My guess is that the 13-F forms that institutional investment managers (managing a 100 million or more in securities) must file by November 15th ... are going to show a net decrease in the number of Palantir shares held by institutions as of <br>September 30th/end of 3rd QTR.&nbsp;&nbsp;I am long...and regrettably I significantly added (5X) to my position last week...above $25 in pre-market the day after they released the news about the Army contract...:-(&nbsp;&nbsp;But, I am holding. You don't lose until you sell.</p> <p><a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> </p></body></html>","htmlText":"<html><head></head><body><p>I'm trying to fathom why it has dropped so severely.&nbsp;&nbsp;I believe as TechSeller states that the product (their software) is best-in-class, but what will the demand be given the following changes/dynamics:&nbsp;&nbsp;Inflation is more severe than they forecast and not going to subside as quickly as they thought, maybe not at all... the supply chain disruptions, workers not coming back to work (even after the Covid assistance ended)...ships stacked up in the harbor, not enough truck drivers to transport the goods, fear of upcoming 3rd Qt earnings reports given the ongoing supply chain issues over the last quarter and presently, fear of Evergrande contamination, etc.<br>All adds up to a shaky market right now. My guess is that the 13-F forms that institutional investment managers (managing a 100 million or more in securities) must file by November 15th ... are going to show a net decrease in the number of Palantir shares held by institutions as of <br>September 30th/end of 3rd QTR.&nbsp;&nbsp;I am long...and regrettably I significantly added (5X) to my position last week...above $25 in pre-market the day after they released the news about the Army contract...:-(&nbsp;&nbsp;But, I am holding. You don't lose until you sell.</p> <p><a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> </p></body></html>","text":"I'm trying to fathom why it has dropped so severely. I believe as TechSeller states that the product (their software) is best-in-class, but what will the demand be given the following changes/dynamics: Inflation is more severe than they forecast and not going to subside as quickly as they thought, maybe not at all... the supply chain disruptions, workers not coming back to work (even after the Covid assistance ended)...ships stacked up in the harbor, not enough truck drivers to transport the goods, fear of upcoming 3rd Qt earnings reports given the ongoing supply chain issues over the last quarter and presently, fear of Evergrande contamination, etc. All adds up to a shaky market right now. My guess is that the 13-F forms that institutional investment managers (managing a 100 million or more in securities) must file by November 15th ... are going to show a net decrease in the number of Palantir shares held by institutions as of September 30th/end of 3rd QTR. I am long...and regrettably I significantly added (5X) to my position last week...above $25 in pre-market the day after they released the news about the Army contract...:-( But, I am holding. You don't lose until you sell. $Palantir Technologies Inc.(PLTR)$","highlighted":1,"essential":1,"paper":2,"likeSize":14,"commentSize":12,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/825190118","repostId":0,"isVote":1,"tweetType":1,"viewCount":16553,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["PLTR"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1028,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":6306235,"gmtCreate":1635048439651,"gmtModify":1635048439651,"authorId":3572212908677301,"author":{"id":3572212908677301,"authorId":3572212908677301,"name":"JayceLee","avatar":"https://static.tigerbbs.com/697be0b87a439db9bb3e696889951c59","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":825190118,"type":1,"supId":0,"prevId":0,"content":"My view is there were many buyers trapped above $30, so those buyers rushed to sell the moment the price reaches near 30. A good thing for long term holders as we can accumulate more at lower price.","text":"My view is there were many buyers trapped above $30, so those buyers rushed to sell the moment the price reaches near 30. A good thing for long term holders as we can accumulate more at lower price.","html":"My view is there were many buyers trapped above $30, so those buyers rushed to sell the moment the price reaches near 30. A good thing for long term holders as we can accumulate more at lower price.","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/825190118"}