4 ms·

This shows how naive and unprepared the market and general public in the US is for blatant political corruption. This is a Thiel company. The administration wil

This shows how naive and unprepared the market and general public in the US is for blatant political corruption. This is a Thiel company. The administration will double down on Palantir because their cofounder and chair helped fund the current administration's election. Just like how they will benefit Musk's companies.

fullshark 2y ago
Palantir is up 170% still since the election
Andaith 2y ago
So it's a buy opportunity, eh?
- throwaway5752 2y ago
  I have my standards and will pass. Beyond that, PLTR has already run up since $20 a share until last May, and their valuation not compatible with high future returns. But remember this post.
mandevil 2y ago
Errr, I think the market has priced in an awful lot of corruption. PLTR closed at $41.41 on November 4th (day before election), and after its 10% drop today, it closed at $112.06. The market might be saying that even with the corruption, if the total pie shrinks by enough, it hurts the company. I mean, in the sense that the "market" says anything at all.
- dilyevsky 2y ago
  What i dont understand is why it is seemingly not pricing in the blowback. Clearly next admin will scrutinize any trump-era deals very heavily for their own political points so even if the gravy train is going full stream now it won’t last forever
  - w-ll 2y ago
    You think we are gonna have fair elections in 4 years? - You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore..."
    - whatshisface 2y ago
      The president can't just say, "no more elections."
      - w-ll 2y ago
        Back during my high school civics class I would believe that. But headlines such as "Trump signs order declaring only president and AG can interpret US law for executive branch" Make me wonder. ¯\_(ツ)_/¯
        whatshisface 2y ago
        "The executive has enforced the decision, now let him make it."
        w-ll 2y ago
        So you agree, they can say "no more elections."? Also, as a point, I wasnt saying there would NOT be elections, but if they were fair and not banana republic elections.
  - XorNot 2y ago
    Because that's 4 years from now, the market barely prices in things which will happen 6 months from now. They're certainly not pricing in the fact that corruption is actually a really poor business model, especially with the current rollback of the regulatory protections: those companies are going to get paid a lot of money to be husks of their former selves. Why deliver anything when you can get paid for not delivering it as well? Why build and retain qualified engineering staff when you don't need them?
rayiner 2y ago
Would still be small potatos compared to Rockwell/Lockheed/etc.
- mrguyorama 2y ago
  That's just factually wrong. Lockheed's market cap is only $100 billion you know. Thanks to the expected corruption, Palintir's market cap is currently $200 billion.
blackeyeblitzar 2y ago
[flagged]
neilv 2y ago
Wasn't that already priced in?

fullshark 2y ago

Palantir is up 170% still since the election

Andaith 2y ago

So it's a buy opportunity, eh?

throwaway5752 2y ago
I have my standards and will pass. Beyond that, PLTR has already run up since $20 a share until last May, and their valuation not compatible with high future returns. But remember this post.

mandevil 2y ago

Errr, I think the market has priced in an awful lot of corruption. PLTR closed at $41.41 on November 4th (day before election), and after its 10% drop today, it closed at $112.06. The market might be saying that even with the corruption, if the total pie shrinks by enough, it hurts the company. I mean, in the sense that the "market" says anything at all.

dilyevsky 2y ago
What i dont understand is why it is seemingly not pricing in the blowback. Clearly next admin will scrutinize any trump-era deals very heavily for their own political points so even if the gravy train is going full stream now it won’t last forever
- w-ll 2y ago
  You think we are gonna have fair elections in 4 years? - You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore..."
  - whatshisface 2y ago
    The president can't just say, "no more elections."
    - w-ll 2y ago
      Back during my high school civics class I would believe that. But headlines such as "Trump signs order declaring only president and AG can interpret US law for executive branch" Make me wonder. ¯\_(ツ)_/¯
      - whatshisface 2y ago
        "The executive has enforced the decision, now let him make it."
        w-ll 2y ago
        So you agree, they can say "no more elections."? Also, as a point, I wasnt saying there would NOT be elections, but if they were fair and not banana republic elections.
- XorNot 2y ago
  Because that's 4 years from now, the market barely prices in things which will happen 6 months from now. They're certainly not pricing in the fact that corruption is actually a really poor business model, especially with the current rollback of the regulatory protections: those companies are going to get paid a lot of money to be husks of their former selves. Why deliver anything when you can get paid for not delivering it as well? Why build and retain qualified engineering staff when you don't need them?

rayiner 2y ago

Would still be small potatos compared to Rockwell/Lockheed/etc.

mrguyorama 2y ago
That's just factually wrong. Lockheed's market cap is only $100 billion you know. Thanks to the expected corruption, Palintir's market cap is currently $200 billion.

blackeyeblitzar 2y ago

[flagged]

neilv 2y ago

Wasn't that already priced in?