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VRA Alert: Taking Profits in Palantir (PLTR)

Good Tuesday morning. We’re taking action in the VRA Portfolio. We are selling Palantir (PLTR). Enter a market order to sell PLTR at the open. Last trade: $22.75 Our price paid is $12.07, which will give us a profit of approxima ...

Posted On May 07, 20242 MIN Read
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Good Tuesday morning. We’re taking action in the VRA Portfolio. We are selling Palantir (PLTR).

Enter a market order to sell PLTR at the open. Last trade: $22.75

Our price paid is $12.07, which will give us a profit of approximately 88%.

Palantir announced earnings after the close and while I had no issues with the earnings report…management guidance was excellent, even as the shares are down 11% this AM…I've made the decision that I no longer want to own PLTR due to their direct role in planning and carrying out military strikes (by Ukraine and Israel, with direct guidance from the US).

When it comes to aiding the military industrial complex in direct warfare…an area where PLTR has become increasingly/proudly hyper-aggressive …I choose not to own shares in that company. It’s a personal decision.

I’ll be back with more later in the day.

Kip

VRA Portfolio Focus Stocks and ETF’s: We own VRA ETF’s: ERX (2 x Energy ETF), SOXL (3 x Semi ETF), TNA (3 x R2K ETF), NUGT (2 ...

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