PLTR Accumulation Phase

2022년 2월 23일

While the stock market in general has been dropping in the last few months, there is one stock I have been paying a lot of attention to and that stock is PLTR Palantir.
I started buying this stock since the IPO and made some additional buys till we reached $26, but looking at the chart the initial parabolic rise it had was clearly very unsustainable and decided to stop buying into the mania at the time. Afterwards I made some Technical Analysis and decided that a fair price to make some big buys once again was actually the range from $8-$11 (you can see the green rectangle on the chart I named "BUY ZONE"), the reason I figured out that my fair buy zone was that specific range, is because I saw a pattern of pure speculation and hype around the Reddit pumps, SPAC pumps and the FED printing money like never. With all of those factors put together it was clearly a time to let the markets cool down and wait once again for a fair opportunity. To be honest I left my original BUY ZONE there although I was in big disbelief that we would ever see those prices any time soon after more than a 300%+ pump, but NOW the fair opportunity has presented itself once again. The time has arrived and I'm not looking into this from a pure technical perspective I have been following their financials and they are getting way healthier each quarter, revenue is up, earnings are up, clients are up, use cases are up and they have a big pile of cash for any unexpected circumstances. Yes the stock has dropped more than 75% from its ATH and seems like it is going to die for the moment but the company itself has never been better, how one of my favorite quotes goes: “Buy when there’s blood in the streets, even if the blood is your own.” I will wait some time to see if we hold support on my "BUY ZONE", if held you know what I will be doing.
NOT FINANCIAL ADVICE

Here I leave you the last quarter highlights:
Q4 2021 Highlights

Total revenue grew 34% year-over-year to $433 million
Commercial revenue grew 47% year-over-year
US commercial revenue grew 132% year-over-year
Government revenue grew 26% year-over-year
Added 34 net new customers in Q4 2021
Loss from operations of $(59) million, representing a margin of (14)%, up 3500 basis points year-over-year and 900 basis points sequentially
Adjusted income from operations of $124 million, representing a margin of 29%
Cash from operations of $93 million, representing a 22% margin
Adjusted free cash flow of $104 million, representing a 24% margin
Closed 64 deals of $1 million or more, of which:
27 deals are $5 million or more
19 deals are $10 million or more
GAAP net loss per share, diluted of $(0.08)
Adjusted net earnings per share, diluted of $0.02