I was trading $PLTR as the stock was closing its bottom. One thing bothers me, though, from a long-term perspective: There's very little institutional interest in $PLTR. The percentage of shares held by institutions is about 34% (you may check on nasdaq.com). I have no explanation for this but this is a big red flag for me. The trillion-dollar boys usually spot companies with large potential well before everyone else. If they're not invested, they're not convinced by $PLTR's growth perspectives. This is not to say it won't grow. But something looks suspicious.
I was trading $PLTR as the stock was closing its bottom. One thing bothers me, though, from a long-term perspective: There's very little institutional interest in $PLTR. The percentage of shares held by institutions is about 34% (you may check on nasdaq.com). I have no explanation for this but this is a big red flag for me. The trillion-dollar boys usually spot companies with large potential well before everyone else. If they're not invested, they're not convinced by $PLTR's growth perspectives. This is not to say it won't grow. But something looks suspicious.