Feb. 10 at 8:42 PM
$PLTR ICYMI:
Stock-based compensation (SBC) is high because for many years,
$PLTR employees barely scraped by. They were paid in shares. Shares are not issued as profit. The fear here is dilution but the underlying metrics don't support Burry. SBC as % of OM = 33%. NI = 40%. Growth is clearly outpacing dilution.
His "irrational valuation" is misleading as well.
$AMZN was over 450 PE pre-AWS.
$NVDA ~240ish. If anything, the pullback is a gift to the ungrateful.
Finally, PLTR ontology was developed to overlay the myriad of siloed Intel systems that failed to produce a signal through the noise. That's not fascism. It's learning. The
$BAH of the world bills until you bleed. That's why
$PLTR is hated. The gravy train is ending. I say: Good.
Know what you own folks.
Be unshakeable.
