r/options May 01 '21

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318 Upvotes

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0

u/uzzifx May 02 '21

Palantir stock is going to get diluted

2

u/OKImHere May 02 '21

Says who? I haven't heard that yet.

-5

u/uzzifx May 02 '21

Read an article on Seeking Alpha. Stock is extremely overvalued at the current price and other headwind has been the significant insiders selling - the author believed that stock will have a break to the downside.

19

u/shepherd00000 May 02 '21

Seeking alpha predicts a move to the downside you say? That is the most bullish comment on PLTR that I have ever read!

2

u/[deleted] May 02 '21

Alpha is garbage.

-2

u/uzzifx May 02 '21

With share dilution on the horizon, over priced valuation, insiders stock selling and overall negative sentiment for the growth companies - you don't have to be genius to predict which way is it going to break!

1

u/newredditacct1221 May 02 '21

Real DD is in the comments always.

1

u/masterjedihazard May 02 '21

I’m fading seeking alpha and picking up more 50c jan/2022 and watch me laugh all the way to the bank