I had a high school teacher who spent 20 or so years working in big finance before retiring to small town wealth management and teaching high school. His first job out of college was working at the Merc in Chicago. Which he did for 10+ years starting in the late 70s before taking a different job on Wall Street.Why I will never trade commodities.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
As predicted earlier in here lol.PLTR beat earnings 8c (consensus 2c). Projected FY21 rev growth >30%.
Stock is down 8%.
TD Ameritrade finally got their shit together fixing my account. What a mess. People were talking on Reddit about options being assigned, etc that they had sold out of and being issued margin calls. Others with double positions (buy and sell). Doesn't exactly inspire confidence!
Anyway.. today is looking to be VERY green. PSTH up a lot, EBON (bitcoin play) up a lot, longer term re-opening stocks all ticking higher.
Just need Ackman to confirm Stripe for PSTH and make us all filthy rich.
*Edit* Apparently not everyone is in the clear with TDA.
I'll take a whole portfolio of those. Sign me up.What I meant by long holds are individual picks that have a longer term potential for a few hundred percent over the next few years.
PLTR. A bit more detail on the revenue side. The sell was expected I think for all the people looking to buy the tumor and sell the news. Estimating over 1.5b in revenue with 23% margins. The challenge for them now is one of revenue growth. They need to line up non-govt customers. As a long term investor I am good with the numbers. They need to get into positive earnings hopefully next quarter. It wont surprise me if this is green by the close today. This thing has a lot of institutional investors so premarket retail movement may not be indicative of the rest of the day.
07:23 AM EST, 02/16/2021 (MT Newswires) -- Palantir Technologies(PLTR) posted a narrower Q4 net loss Tuesday of $0.08 per share, compared with a loss of $0.29 per share a year ago. Analysts polled by Capital IQ projected a loss of $0.14 per share.
Revenue was $322.1 million for the three months ended Dec. 31, up from $229.4 million a year ago. The Street forecast was $301.1 million.
The software company expects Q1 revenue growth of 45% year-over-year and adjusted operating margin of 23%. For full-year 2021, revenue growth is pegged at more than 30%.
Shares of the company declined more than 5% before markets open on Tuesday.
Are you in on this one?PSTH
84% of the float is owned by institutional investors.
PLTR
Info from the conference call:
These companies are evil. we will all be slaves to big tech in 20 years. but i guess make some money on the way out?so basically a civilian nsa for the feds
its still shocking to me that someone like Thiel is behind it
PSTH? From day 1.Are you in on this one?
Thiel sees PLTR as assisting the government (fed and local) against bad guys.so basically a civilian nsa for the feds
its still shocking to me that someone like Thiel is behind it
Use the Delta?Blazin is there a way to predict the option bid/ask open on a stock's pre-market price? For example, what the $30 strike might look like at the open with it down 8-10%?
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Yeah I looked at that. My thought is that the Delta shifts as it gets closer to the money so going form 10% out of the money to in the money will sharply adjust the delta during the move so it wont be that accurate.Use the Delta?