Quoted from nwpinball:I'm on the fence with dumping my PLTR before the unlock, I like the stock long term and am up about 25%. Is the play to sell Thursday then rebuy on the expected dip after the unlock?
I am just holding long term whatever happens over the next couple months. I bought early but added more at $24 and $32. I have thousands of shares.
To me PLTR has Rock star billionaire founders including “the Don” of the PayPal mafia. They don’t need to dump stock because they are already rich. They have an FU attitude towards Silicon Valley and Wall Street,waited 17 years to launch and announcing earnings in the Premarket after a Holiday. I mean it’s possible they announce bad earnings in the morning and have to see their stock get punished all day, bad headlines and have Wall Street suits and large tech players laugh at them and later the founders dump a boatload of shares as soon as they can, but not probable.
What is probable is PLTR will have big swings both ways over the next month or so, so traders can play that.
Earnings are Feb 16 Premarket with Monday market closed so plan accordingly over the next couple of day’s.