UNRIVALLED - Palantir Technologies $PLTR - The Final Alert
“We’ve seen this before with other lockups. People sell them leading up to the lockup period expiring, and then they have a bit of a relief rally,” said Ryan Jacob, chief executive of the Jacob Funds, which does not own Facebook shares.
In August, shares of the online reviews website Yelp Inc surged by more than 20 percent on the day that insider trading restrictions expired. That stock’s rally was boosted as short-sellers scrambled to cover their positions when the expected flood of selling failed to materialize, say analysts. - Reuters, on Facebook lockup expiration
At last, the end game has arrived for Palantir.
I have been working on this trade since before my Jan.8 Idea, and now it all comes to fruition!
As of today, lockup expiration is over, and short sellers are hoping that insiders sell, with a 70%+ borrow fee, and no more shares available.
We have seen the massive institutional demand at 25, with 300M volume (4x avg volume), and this floor seems unbreakable.
Cathie Wood herself went on CNBC to speak about Palantir... "Palantir is the future", were her words.
With no more negative catalysts, and the greenlight from the big banks, there is only one direction left for Palantir Technologies.
Palantir is one of a kind... Unrivalled.
In August, shares of the online reviews website Yelp Inc surged by more than 20 percent on the day that insider trading restrictions expired. That stock’s rally was boosted as short-sellers scrambled to cover their positions when the expected flood of selling failed to materialize, say analysts. - Reuters, on Facebook lockup expiration
At last, the end game has arrived for Palantir.
I have been working on this trade since before my Jan.8 Idea, and now it all comes to fruition!
As of today, lockup expiration is over, and short sellers are hoping that insiders sell, with a 70%+ borrow fee, and no more shares available.
We have seen the massive institutional demand at 25, with 300M volume (4x avg volume), and this floor seems unbreakable.
Cathie Wood herself went on CNBC to speak about Palantir... "Palantir is the future", were her words.
With no more negative catalysts, and the greenlight from the big banks, there is only one direction left for Palantir Technologies.
Palantir is one of a kind... Unrivalled.
Comment:
Cathie really saved retail investors and this company today with her stopping volume, her CNBC talk, and her first 500k block buy when the structure was about to break on Jan. 15 with the gamma squeeze attempt.
The more I watch her actions, the more I realize how good she and ARK are.
There is truly a reason why Cathie Wood is loved.
Long Cathie!
The more I watch her actions, the more I realize how good she and ARK are.
There is truly a reason why Cathie Wood is loved.
Long Cathie!
Comment:
Bullish abandoned baby played out... Last time we had one on the daily, we gapped up 14.85% and proceeded to rally 45.21% that week:
Trade closed: target reached:
Successfully forecasted reversal! (21/29)
Will follow up with a educational special!
Will follow up with a educational special!
Comment:
Double bullish abandoned baby on the daily...
Short fee is 72.6%... GME had about 80%~ at the height of its short squeeze...
PLTR trending...
A “Gamma Squeeze” is an outcome based on an investor using many options to drive up the prices of select stocks due to option sellers needing to hedge their trades on the underlying stocks.
The Process
1. The squeeze can begin when a large investor, typically referred to as a whale, buys short-dated call options in a frenetic pace of stocks that they typically own.
2. The banks or brokers that sell the call options will typically buy the underlying stock so that they have very little or no net exposure. The more call options the investor buys, the more shares the brokers that sold the options will have to buy to ensure they are net flat. Brokers and dealers are motivated by the commissions and do not want to hold a trade either long or short.
3. The option purchases force the dealers to buy the underlying stock, which can push the share price higher. If pulled off, this creates a positive feedback loop, thus can drive underlying stock(s) price higher for a period of time. In a roundabout way, the dealers must buy more and more of the underlying. All said and done, this is the Gamma Squeeze.
PLTR70