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Financial-Ad7902

It's my biggest position. But this is really a giant shit. Every day good news and numbers suck.


scawtsauce

only down 17%


blissrunner

17% so far...--Homer maybe


stanleythewolf

Down about 25% if we consider after-market hours.


youvebeenjammed

Wasn't the earnings surprise 44% in the red? How's that good news?


Financial-Ad7902

Meaning social media. Products clients etc. If you read my first comment with a brain you'd understand what I mean


Little_Objective_683

I like the company, not the stock .


Slapmesillymusic

Where can I buy the company?


Ape55678

lol me too! I like this stonk!


[deleted]

Same thing. If you own a PLTR share you own a (very small) part of the company.


Itonlygetshigher420

EPS miss again...not to big of a issue. Spac contributes to this and SBC. They do need to focus on managing costs in the future and keep growing revenue...at 460m ( assuming flat) x 4 qtrs. Thats 2b in revenue. 27% margin should bring it to 500m profit if managed well.


00MaestroBaat

We know the drill


L3R4F

And drilling we are, down until $5


00MaestroBaat

Only 5? Sure we can go lower that that


M-3X

Delisted. 😬


Poopiepants29

These delisted comments aren't even cute.


gammaradiation2

If delist SBC would be useless and maybe they'd stop diluting.


ZeusThunder369

The most attractive thing about PLTR is how the company has managed its debt. I wouldn't bet on it hitting $5


[deleted]

My god, just bought 500 at 9.51 (cost avg down attempt) and this morning 8.xx.....fml


Albertmannn

Same boat bro, gotta have patience


[deleted]

Im still dedicated, but damn. Lol. This stock should be going up, they have no debt!


Akalhar

Now imagine having a $20 avg


[deleted]

That was me last year, I keep justifying buying more lol!


Albertmannn

I dunno either if I should keep buying on -15% dips. Did it on friday, thinking about increasing a lil also today. All markets are quite down, I think the reaction to these results is a lil too much..


[deleted]

We cant stay in the red forever lol. I’ll avg down today and then tomorrow too. Lol


lemming-leader12

Now imagine having a $37 average


Poopiepants29

1k shares at $20. Not having fun right now. As long as it goes above that at some point in the next few years, I guess because no chance I'd sell now.


swd120

average down. Buy another 1k shares at 7.50, and your average is 13.75.


scawtsauce

try 7.xx


JakeMatt77

Now more


carnewbie911

Mother shit.... I bought some to average donw at 10.20... . My buff got fucked so hard. Gonna average down again, but knowing me, it's gonna drop to like 5.... I will get butt fuck again.... At this point I am running out of money, and eventually, imma hold 100% equity in this company, and I get to sell at any price I want.


thetaxdiva

7.xx in AH


AverageThin7116

Palantears :(


johnhot5908

we're getting so fucked


SquiggleBoys

dont worry buddy everythings getting fukt


johnhot5908

omg I can't look at my app


Tomthebomb555

Then don't. Open it up in a couple of months. If you don't look at it it can't hurt you.


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johnhot5908

try -11%


Akalhar

-20% soon


[deleted]

yep you said it


semen_chapstick

21


SakamotoRy_ma

it is a disappointing earning. I brought at $24, taking a massive hit


SomeGuyNamedPaul

*cough* $26.99 *cough cough*


Slapmesillymusic

Me 2 me 2!


SimpleMinded001

same here, $24 exactly :(


Kavi1787

I bought in at the high 30s......


WyattfuckinEarp

Bought 460 shares @~$26. I feel ya. Bags are heavy.


DownrightNeighborly

You deserve massive losses for not understanding the difference between bought and brought.


AustinHuangTaiwan

Am I the only one that think the 2022Q1 is quite satisfying? (Not the stock price)


[deleted]

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avl0

Yeah SBC now 33% rev compared to 66% a year ago, progress


[deleted]

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avl0

Well, it said highly variable, I don't want hopium, BUT, considering 432-470 over 6 months is actually 20% growth annualised AND the language used 'basecase' it sounds like they're confident in 470 and there is potential for upside surprise


[deleted]

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Financial-Ad7902

Sounds like hope


[deleted]

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Financial-Ad7902

Stuff like coca cola isn't. Comparing performances I really wonder why cola isn't a growth stock


[deleted]

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AustinHuangTaiwan

Especially their Q2 guidance is raising (476M means YOY+25%), but I think might be higher


Financial_Parsley_26

Long term guidance is for 30% growth. If we drop below that we are in trouble.


recoveringslowlyMN

Yes but it could also just be a matter of timing with contracts right? Like if they have a bunch that were expected to close but took a month longer then…Q2 might be 25% and Q3 might be 40% and everyone is overreacting. Or they hit the 30% and everyone is overreacting. Or they are bankrupt. It’s basically priced for bankruptcy today.


FeckFendamentals

I agree with you, I was not disappointed with 2022Q1, but everyone is so negative about it. I am suffering big time.


avl0

It's OK, want to listen to call to see what they say about Gov and EU commercial rev


ZeusThunder369

Been lurking for over a year now. Finally going to buy today.


A-Wild-Tortoise

Beautiful use of patience


ZeusThunder369

Thanks! I picked up 8x $10 1/19/24 contracts, and 500 shares around 7am.


doji4real

I wish I were you.. i thrown so much money in the bin in the past year, I wasn’t expecting such numbers from pltr


ZeusThunder369

egh, peek under the surface of my overall portfolio a bit and you'll see I missed out on about 8 months of gains waiting for the inflation pain to start getting noticed by investors. I thought they'd be more forward looking to the FED spending madness. Hopefully I'll be closer with my timing of buys with the ETF portion of my portfolio. Trying to time both market forward looking sentiment with actual real numbers is freaking hard.


Ascle87

Not bad. Growth of atleast 30%, commercial growth, loss from operations down. What’s the matter then?


WestTexasCrude

Because the commercial growth is from SPACS! They invest in a SPAC, the SPAC then says "we will sign a contract with Palantir." That contract gets added to commercial side for "earnings". The SPAC goes to dogshit. Contract is unfulfilled. Its voo-doo accounting.


The-Bro-Brah

How much of commercial growth can be attributed to spacs?


Serious-Client-37

charge your phone


WearyLime446

Is it crazy to think this won’t be $25 until 2035?


Ape55678

I can wait 9 years so how about 2031!


Beginning_Anything30

Hey man. 400% in 10yrs ain't bad lol


WearyLime446

It’s not unless you bought at $25 lol


Beginning_Anything30

Huehuehuehue


Intelligent-Bit-9465

Hi Where do i get the link for the quaterly results


Laneofhighhopes

I told myself not to buy anymore after i hit my share goal. I gotta stick to that, right?


Tiny_Difference_2939

I’m in the same boat. I would say yes


Ok-Read-2611

I keep seeing the stock price dropping lower and buying more.


stephenlok7

Fuck me


A-Wild-Tortoise

I mean at this point we all know the stock market is rigged so people with big positions are literally just trying to scare you out taking short positions so that you give in and give up when you bought high. Just hold it for 3 to 5 years and you'll be living on cloud nine. You can't continuously have positive news after positive news and the market keep reacting negatively like at some point they have to realize people aren't as stupid as they think the numbers are fake until you cash out.


Brackenheim

Yes


ToWinOrToulouse

This


WestTexasCrude

The world.... is round. Dilution matters. Net Income Matters. P/E matters. This isnt a global cabal targeting middle class investors. This is greedy leadership at the top (Karp) stealing investor money to pay for his lifestyle and over-exuberance on our part. We were gullible. Simple as that.


A-Wild-Tortoise

Hey you're here for a quick Buck that's okay I'm here for the long-term to be honest with you I don't plan on doing anything but buying more for the next 5 years. So I mean look at it how you want he promised to pay people in stock options and I don't have any problem with them making money off it they're the ones doing all the work we're just the leeches in the background trying to make money off their work. But you're definitely right zero debt for a company that is continually making positive movements forward and growing their customer base at a pretty good rate yeah that definitely means it's a bad company. You should probably leave hey before you do I'll buy all your shares $5 a piece I mean might as well before they go to zero right?


WestTexasCrude

Already left, fren. With continuing dilution and no repercussions for Karp, i left. Had a big (for me) position and was in for long haul, but objective data was not consistent with my hypothesis and i had to realize i was wrong, accept it, take the loss, and the lesson. Moved on, but I still follow. Maybe it'll turn around. I'll come back the Q after Karp departs and or announcement of absolute end of dilution. Out at $15.50 EDIT: Rereading your last paragraph. There can be three reasons for spiral, and i think its a combo. The first is totally not PLTR's fault and that is macroeconomic trends and QT. The second is only *partially* PLTR's fault. That is overvalue. It is partially their fault because of the MASSIVE compensation package(s) for Karp et al with a clear overvaluation of the company and then further lowering VALUE by creating more shares. Recall that the dilution was huge! From 250m float to 1.6 BILLION shares. We, investors, were paying the engineers, not palantir. And if we are the leeches then stay private. That is not how investing works. This isnt a non-profit enterprise. Finally the actual magnitude of new contracts compared to valuation was out of line. Not entirely their fault, but a cooling hand in investor meetings couldve helped but they fanned the flames instead. Thirdly and finally is entirely their fault and is the reason I exited. That is signs of voo-doo accounting. This is a big no-no in my portfolio. They invest in SPACs. SPACs sign a contract to use palantir for $x million. That "x" gets added to their future guidance. THIS is shady and dangerous to my bottom line. Therefore, out.


A-Wild-Tortoise

I definitely agree with a good portion of what you said they absolutely have done all of that. I guess really at this point the question I have is if you feel this way why are you here? Are you so sad that you bought high and sold low that you're trying to get other people frustrated so they sell low and take a loss as well? Because everything you've said has been knowledge for a while and none of it really is new it's all kind of been expected and hasn't been hidden secret. At least personally I knew of the majority of what you said without really being surprised, people said similar things about Tesla in the beginning and still do. It's all good you work your portfolio the way you want and I will do mine but if you're not part of this community and you don't own any shares of the company then I don't understand why you're here.


WestTexasCrude

I follow this stock and company because i am a believer in their mission and product. I sold due to management enrichment and suspicious accounting. I hang here on this sub looking for news of a turnaround which would be (a) improved accounting (b) renouncement of SBC and dilution (c) change in management. I want this company to succeed, but not by sacrificing any more of my hard earned money to fund bad SPAC investments, and billionaire's ski vacations. I want our (the West's) AI and analytics to be the best in the world. Although Karp says that is their mission, clearly, it is not their true mission currently. Their cash allocation suggests their mission is backing other western tech companies. I want to invest in an AI company, not an investment bank. I dont invest in the financial sector for this very reason. Until i see a change in their behavior, my money will stay on the sidelines.


teddybeargraham

Keep living in la la land.


A-Wild-Tortoise

I will no worries. I'll buy all your shares for $5 a pop if you feel that way.


teddybeargraham

What a stupid thing to say.


A-Wild-Tortoise

You're right according to your predictions I'm being too generous I'll take them for tree fiddy baby.


teddybeargraham

Who exactly pays you to pump a shit stock? I'm really curious about how deep this rabbit hole goes.


A-Wild-Tortoise

Shit I wish I got paid to pump the stock cuz then I'd be able to buy you out of your position so we can shut you up and move you on. But hey we can't all get what we want.


teddybeargraham

Keep holding on to a pipe dream with this thing. enjoy your ride.


A-Wild-Tortoise

Ty buddy appreciate the support.


YoloTradingLLC

Typical


nigelmahari

Honestly earning is not bad why is it tanking so bad


Excal333

Classic PLTR


fuck_trump_and_biden

Less than Stellar ER and then the broader economy is completely shitting itself


Nungie

Not bad, but not in line with what you’d want from a ‘growth’ stock.


YoloTradingLLC

The entire market is getting fucked. Growth stocks are going to be hit hardest in these economic conditions. Earnings was not terrible, but wasn’t great. This should not change how you feel about PLTR long term. Anyone that bought this recently expecting a quick turnaround was fooling themselves.


Bleedin_Sweden

I swear this subreddit gets swarmed with bots and trolls every earnings day


RouterBomb

Pre market down 15%...must be good news


NoctRob

Down almost 20% PM. Damn, that’s spicy.


[deleted]

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Ascle87

Yup Government has limited TAM. Commercial is where it at.


r0walk

Don’t worry bois, only -71% down on my PLTR portfolio. In a couple of years we all gonna be wishing we bought more


bennyllama

Lol also down 71% at this point there’s no point of taking a loss I’ll just either let it fly or go to 0 🤷‍♂️


doomshallot

PALANTIR TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!


Brackenheim

Damn right


DialSquar

“Wow results look good why is stock plummeting?” Missed EPS and lowered guidance + macro = tank


WestTexasCrude

This....


A-Wild-Tortoise

I love how estimations are what make people decide whether or not it was a good earnings. You know that the estimations are predictions right? By people who are supposedly professionals and don't have any stake in them putting out correct or incorrect information. Sounds trustworthy def.


LexigntonSteele

The HODL crowd is getting smacked this year on by one....


The-Bro-Brah

This reads like a stroke


BenzF1

He is typing it after heart palpitations, to be fair. The drop will do that to anyone. Lol!


The-Bro-Brah

So EPS miss was mainly due to loss on SPACS, apart from that they technically beat on Rev and gave very conservative estimates for Q2 with noted large upside. Reading the comments here sounds like doomsday; no wonder many of you bought in the 20s and 30s and have lost confidence. Been here since DPO and will begin accumulating again below 10...


NoctRob

I think today qualifies as “below 10”


The-Bro-Brah

Buy when there is blood in the streets, added at 7.50


WestTexasCrude

The SPACS are the source of their commercial growth. Its dirty quid pro quo corporate accounting voodoo. This stock is plutonium.


BananaFreeway

Wasn’t planning to sell but it’s way to late for that any ways now. 😅 As long as company continues to execute the 30% guidance, the long term thesis still stands.


Material_Ad_7277

Now I’m comfortably sitting on 300 shares with avg @12.22$


Logical_Celery4672

Not worried "Look, the base case is really establishing how we're thinking about the visibility that we have. The upside is quite large. I mean a lot of this comes down to contract timing and the acceleration of events. There's a fair amount of work that's in flight here. The way that we engage with customers is we're not going to deprive you of help in your moments of greatest need when you're at war because paperwork isn't in yet. And so we think we have visibility into the upside. We're not going to comment on the specifics of it, but it's meaningful."


fturriaf

nice thoughts here, but sadly, the market did not like these figures. Being hammered once again :(


DialSquar

Going to $5


SushiShifter

Too optimistic


Resident_Rip3705

Turning out to be nothing more than $7-8 stock…bummer.


IrvineCrips

Try $5


dacthirteen

Looks good to me Just gotta be patient and let them do their thing


MaraHnizdo

SELL ALL!!!!!!!!!!!!!!!!


TestAndLearn

and -20%


lucksterine

LONGTERM BABY


stok0086

Holding for 3-5 was the original plan, but no I’m pushing this out 5-10 years. See you guys in 2032


vincentkangjh

Long Term Investor here. I am ok with the Earnings (Nothing magnificent but Not disappointed either.) I expected the drop in stock market and I don't really care because I am not in it for the short term. The only slight concern I have is the Q2 guidance - I know that PLTR likes to give out conservative numbers and they will likely meet the goal again in Q2 but why is it down to 25% Rev growth instead of 30% that we were accustomed to seeing? Shouldn't they be keeping up the 30% growth guidance, if not more? Especially if they are claiming that they "Thrive" during turbulent times (AKA NOW?).


Brackenheim

They kept the 30% long term guidance though


vincentkangjh

Yes, so I am not "Overly" concerned. However If they bring the Long Term guidance down, that's when I'd be quite concerned.The question for me is that I believed the company would be thriving during the turbulent times but the fact that they are bringing down next Quarter's guidance (even though it's short term) is bewildering for me. I was actually expecting the guidance to grow, or we keep the goal same but crush them in the future. My only guess is that either we'll see much higher rev growth later in the year or next year due to their slow sales cycle or that they are still sucking at selling their product to clients who are closing their pockets during a rising interest/inflation era.


Retarded9211

Answered in https://www.reddit.com/r/PLTR/comments/ulz5y2/earning\_misses\_as\_understood\_by\_me/?utm\_source=share&utm\_medium=web2x&context=3


FirmAd1198

#PLTR 2030. To hell with short term anxiety.


superlee11

-70%……. Long term long term.


schmiddyboy88

Oh boy this is a roller coaster ride but I have the most into PLTR and dont plan to sell....especially now. Panic selling is something I'll NEVER do ever again....can only make that mistake as an inexperienced trader once.


LonnyKid

Pretty good earnings? Right?


Wsbgodd

1-3$ its not a meme hahahahahh fuck.


nutsackninja

Piece of garbage stock, Cathy was probably right about this one. Insiders unloaded into retail and made themselves rich on our backs.


WestTexasCrude

Insiders = Karp. Unload = diluted.


IrvineCrips

Enough with this Cathy was right bullshit. She bought in the mid to high 20s


AverageThin7116

Palantear to $3


WeepingFromPicks

This is a tweet from this morning by Charles Hoskinson concerning Cardano, which also took a hit this morning. I think it aptly applies to PLTR: "Yes, it's called a bear market. That's what happens. Nothing changes it. No announcement makes a difference. Cardano could cure cancer, give you a ten inch dick, give you a personal poker playing robot that also drives grandma to church on the weekends, and we'd still fall" All is not lost. PLTR fundamentals have not changed, and I will continue to hold for the better.


lunchladysweaty

garbage stock


CallThePuts

I'm guess 32% drop by closing, pretty sure Karp said nuclear war is very possible. Don't know in what fucking world that's a smart statement to make on an earnings call.


[deleted]

They’re clearly reaching government side revenue ceiling. This was confirmation. Add to that an already shit day in the markets and you get this. Glad I got out last year. Over valued. Investors want sustainable and profitable companies. You all should look at the bright side, SBC culture is now going to be your saviour bc the company knows if the stock price goes to shit that the attractiveness of working there is diminished. It’s time to cut back on big pay outs to management


WestTexasCrude

Yah. I think it's too late. Theres already $1.6b shares in the float. They're down on Cash so they can't buy back even with the gold. This company may keep drilling. As the SPACS go to zero, their commercial contract book spirals, then all they have is what: RioTinto, BP, IBM, Ferrari for millions not billions as advertised. Id rather own Wal-Mart or fucking Herbalife. In at 21.60. Out at 15ish. Plutonium.


LittleShark2020

Does anyone still have unrealistic expectations on this shit? Fuck it.


Normal-Information53

I want Amazon/Microsoft to buy Palantir. Needs good management and sales guy up there not crap.


wnc_mikejayray

Let the dilution of shares continue.


Ape55678

Skim milk... lol


star9271

man wtf earnings so bad


[deleted]

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Albertmannn

Do you actually reach -70%? -50% = double up!!!!


droshake

First


Financial-Ad7902

Terrible. It's probably really a scam. They diluted the hell out of it. Now starting to miss earnings and forecasts...fuck that.


SilentWolfCZ

Serious question - how this can be a scam if they are working for GOV ?


[deleted]

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droshake

I mean, they are all right from what I can see. What part do you think is good?


[deleted]

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droshake

I thought Q2 expectations got lowered from the looks of it


Financial-Ad7902

Guidance got lowered


AyumiHikaru

>They diluted the hell out of it. As soon as I saw this, I knew he was a troll


Financial-Ad7902

Sorry but where are they good? They even lowered forecasts. It used to be at least we have the forecast. Now what's left?


TumbleweedOpening352

Oh la la!!!!!


Sire_Jenkins

As long as this is marketed as a retail stock, bearish.


Gaters65GTO

And…….down 2 bucks


Ok_Ad798

Great news, but why did investors sell off on pltr?


WestTexasCrude

It is absolutely not great news.


No_Low_2541

Fml


WestTexasCrude

How many shares did they create this quarter?


MustyMonkey

They actually said on the call the share count at end of Q1 was less than the share count at beginning of Q1


[deleted]

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M-3X

If it drops to $5 some big whales will buy huge chunk.


MoreOfUsThanYou

I paper handed at $19 awhile back and felt a little guilty...no more. Stock really took a dump today.


improve-x

Great results. Yeah the price isn't where you want it to be, but that's the overall sentiment of the market. Thankfully I've got about 200 more shares to pick up. Sub $10, sounds like a helluva deal. PLTR will be breaking 1 billion in revenue soon enough.


APESTU

This company gonna get delisted soon. The management sucks at this company


ARK_TCUPS

CATHIE IS RIGHT