What do you guys think about PLTR IPO? I have read the company was unprofitable last couple of years? Is it worth buying?
Short term Im in to see if theres a fomo play, but only a small amount.
Long term I have no interest.
We have a mini discussion going on here.
Thanks Phil. It is FOMO for such a big valuation of 20bn. Last one I bought was Unity, which is holding on for now!
There is some mention about lock up period for Palantir. Anyone know what it means?
That means that you can’t sell your stocks for the agreed time in the clause after you buy the stock during IPO. This is a measure of protection against “pump-and-dump” schemes.
Thanks for that clarification. There was some talk about lock up period for Palantir - how is this identified on 212?
You can only check that in SEC’s website and read the IPO doc:
“In addition, an equityholder who is not subject to a lock-up agreement with us may be able to sell, short sell, transfer, hedge, pledge, or otherwise dispose of or attempt to sell, short sell, transfer, hedge, pledge, or otherwise dispose of, their equity interests at any time after our listing on the NYSE.”