Ark Invest sold more than 2Mil shares of PLTR yesterday.
The options are also slightly bearish ahead of the February earning call.
Palatir Technologies expects fourth quarter revenue of $418 million with 2021 revenue growth of 40% to $1.53 billion.
The earnings are still negative, so looking at the mk cap, PLTR is trading at 16.6 times revenue.
Maybe a pullback to 9-10X revenue would be healthy.
My buy area is between 8,8 and 10.5.
looking forward to read your opinion about it.