TL;DR

One Reddit user boasts of massive Palantir gains, echoing pre-crash exuberance. Are we witnessing another bubble about to burst, or is this time different?

Story

A Palantir bull boasts of $460,000 in gains, holding for 5 years and planning to hold for another 5. This reminds me of the heady days before the dot-com bubble burst. People thought trees grew to the sky.

What’s the catch? We’re only seeing one side of the story. Where are the tales of those who bought high and are now underwater? This isn’t investing, it’s gambling. ‣ Investing: Long-term strategy based on fundamentals. ‣ Gambling: Short-term speculation based on hype.

Remember 2008? People thought housing prices would never fall. They did. Big time. Same with Enron. ‣ Enron: Energy company that collapsed due to accounting fraud. These euphoric posts are red flags. They breed FOMO (Fear of Missing Out). ‣ FOMO: Emotional driver of impulsive decisions.

Look at the comments: One person jokes about needing to charge their phone. Another talks about insane gains from a “garbage” stock. This isn’t sound financial planning, it’s meme-stock mania.

Someone wisely suggests taking profits at the “ATH” (All-Time High). ‣ ATH: Highest price reached. But will our bull listen? Doubtful. They’re caught in the frenzy. They see dollar signs, not risk.

Advice

Don’t let FOMO drive your investment decisions. Herd mentality leads to the slaughterhouse. Research, diversify, and be realistic about your expectations.

Source

https://www.reddit.com/r/wallstreetbets/comments/1iheop8/460000_of_palantir_gains_post_earnings/