Jun. 18 at 4:06 PM
$PLTR My god this bubble has reached epic proportions. Yes, I know, bulls don't care about fundamentals or value but the mumbers speak for themselves. Revenue of
$3 billion with market cap of
$330 billion and only a very modest (given these insane multiples) revenue growth of ~30% YoY. Can't even make this up, reminds me a lot of
$ZM -- over
$500 to below
$80 in just 2 years.
Yes, obviously Zoom and Palantir are massively different companies, I'm only comparing the FOMO fueled monster bubbles based entirely on hype/ momentum rather than actual fundamentals. Not here to argue why "Palantir is different" as I faced precisely the same types of opposition when short Zoom.
