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Is PLTR still a good stock to buy?
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Scroll down. Someone asked on this yesterday...about 5 down. I think the recommendation was below 40 or below 20
I replied earlier, and said I wouldn't think about buying until sub 40, but ideally $20 or below is the best opportunity. The tech they are developing in batteries can be a gamechanger, and they have backing by VW, but they would need to be the first to market and have a successful product. Right now they are still in development phase. And, if my understanding is correct, there are a few companies (non-public) that are also developing similar tech. So right now QS is very speculative, with no revenue projected until 2024.
Trading at $120 was ridiculous IMO. I took my profits at $110 and ran lol.