Short Call on PLTR Due to Extreme Valuation

27 days ago

Speaker

"My short Palantir really comes down to a few reasons. First, this is one that you can't just solely base a short position on is valuation. But with this one, it's pretty damn extreme. I've called it the most overvalued stock ever; the stock trades at over a hundred times trailing sales — about 113 as of this writing. Look, this is going to be a massive headwind, especially with shareholder dilution coming down the pipeline. And frankly, what helps is that right now they have a buyback to nowhere. They're buying back stock at these levels, which goes to show the unsustainable nature of its current valuation."

The speaker outlines a short trade call on Palantir (represented by the ticker PLTR) citing extreme overvaluation at approximately 113x trailing sales and significant dilution risks from a buyback program that adds little shareholder value. The commentary also positions this short as a hedge in a potential market downturn.

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