Palantir’s stock has reached new records following its strong Q2 performance. However, the company’s shares are considered to be in a bubble state, with little room for error. According to experts, the margin of safety for holding onto PLTR stocks is minimal.
The decision to short sell Palantir’s stock in May was largely driven by the irrational price movement rather than the company’s underlying fundamentals. Despite this, many analysts still view Palantir as a sell due to the speculative nature of its market performance.
It’s essential to note that past performance does not guarantee future results, and investors should exercise caution when considering investments in Palantir or any other stock.
Source: https://seekingalpha.com/article/4814567-palantir-stock-hype-reached-delusional-levels