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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "How Palantir Lost $400 Million on SPACs" video.
On stock price, not company operations
8
Except we allow existing public companies to buy private companies and we allow investment funds to go public with minimal operations. How do we ban SPACs?
7
Palantir is a good company, that doesn't make it a good investment.
6
Of course Palantir makes bad investment. They were essentially financing their customers like a used car dealer, and thus there was strong negative selection. The companies that would have been good investments would have bought the software with cash.
6
@SW-by9ob Management wasn't the pumper
4
Yeah, Palantir is making a profit, just not much
2
You envy his money?
2
Quit making absurd allegations. These guys were PMCs
2
Palantir wasn't fake.
1
@althunder4269 Found the drug dealer
1
I was among the early investors putting out Palantir DD on WSB and made a little money off of it, but I'm not into active investing anymore
1
Palantir doesn't even handle other people's money. They make Slack for spies/cops.
1
It literally isn't.
1