As we all know by now Er miss of adjusted EPS.02 a share yet Revenue increased to 43% as well as YOY an increase of over 100% in there commercial market . Which is where I want to focus wall street originally was concerned about the overexposure and in the companies reliance on government contracts. Well that all seems far from the case , as here is company continuously guiding at a 30 % growth yet is expanding its commercial side of the business rapidly . So where are the bulls , well technically speaking the stock had just broken out of a Bearish wedge , so it seems the bears have the hand for now
PLTR
this for now .
As of now i think we may have a little more downside pressure here and need to base , however i do think in comparison to many other comparable companies in the same space , PLTR has had its price cut even before this barrage of selling . I believe at these prices the company is extremely cheap comparable to its competitors and is not trading at fair value .
PLTR
this for now . As of now i think we may have a little more downside pressure here and need to base , however i do think in comparison to many other comparable companies in the same space , PLTR has had its price cut even before this barrage of selling . I believe at these prices the company is extremely cheap comparable to its competitors and is not trading at fair value .