ARKs - Daily Trade Information [05/14/2021]

Their past is solid because 15 years working with the government (high praise from the government) and the level of security clearance they have is enough to tell me they're an excellent company with a proven product.. especially when after they go public they work with Amazon and all these different businesses in different fields. I don't think they land all these contracts and all the praise I've seen if their product didn't do what they say it does.

They were expanding fast before they offered their software for free but now that they've done that I view it as hurting their short term but a massive boost to their long term by getting in the door and showing these companies how they need PLTR. You don't do that if your product doesn't work.

That's what I see as the past. I'm not concerned about profits because I see them as a growth company. I know profits will come with all these new contracts they're landing... if I wasn't sure how they would expand or where money would come from then I might be more worried but I can see their path so profits aren't important yet to me. I know a lot of people need to see profits before they invest but thats not my concern with PLTR.

As a side note I love that their salaries are low and they get stock based compensation. That means insider selling which shakes out investors and they're more invested in growing the company. Every interview they've given has made clear they're only concerned with long term which is just music to my ears.

/r/stocks Thread Parent