It was a hot stock back then but not so much now since the fire has sort of slowly simmer off. Palantir, an AI data mining company backed by Peter Thiel is a new company on the block with impressive performance since its IPO. The company has grown to a value of more than $40 billion, since its IPO. However, despite its strong share performance, the stock price now hits a wall where sellers were looking to take profits instead. Traded on Nov 7 with 90,000 shares worth $1,250,000 USD and as the stock price surged and shot past $30+ where the actual valuation could match with the underlying fundamentals, it was time to lock in $$ and move on to the next stock. I am currently not trading and not into this stock since there are way more better ones that are generating better returns. Looking to post the next trade record.
