 By the dip What's up money geeks Mr. V here welcome to another video guys in this video We are going to talk about take a symbol PLT our Pellent here, so this is a technology company that specializes in big data analytics They provide different services different solutions for Analyzing you just as a matter of fact crunching our big data to provide information for their customers so I've actually covered Pellent here here and Also went in-depth and really showed you what the company does and why from the get-go when they were I peeling I said I was gonna buy the company But again, we've got some opportunities here where there's a dip in the company And so I want you guys to take advantage of that dip if you don't have Pellent here This might be a great opportunity for you to get in but before we get started guys If you're new to the channel we talk about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content. So again, I mentioned Pellent here Like I said, I've already given you guys a video where I actually go in-depth as to what the company does and Their fundamentals are in this video. I just want to go give you guys the reason why I think this is a good Opportunity to get into the stack. So we can go to the chart here and look at plenty and see what's going on here You can see the stock has actually dropped. So we go back a week here So this stock was actually trading at over 33 dollars and then kind of pull back down now sitting at the 20 $25 price point. So the reason this happened is one their earnings report came out We can pull this up from CNBC So the earnings report came out as you can see they actually beat their expectations, but they lost about 8 cents per Share so that kind of push the stock down a little bit. Not as much if you can see Fundamentals look great revenue was 322 million versus 300 and 300 point seven million Expected so they actually beat that which is awesome again Like I said, the loss that it sends per share, which is not Terrible one key thing that I want to point out here is that Pellentier actually says they're expecting about four billion in revenue by 2025 so they see the growth potential here and they are matching towards that. So One of the reason why these companies stock actually fell guys make sure I bring this up to you is the fact that they Actually Unlock all their stocks because when they initially went public not all the stocks were tradable You have institutional investors or pipe investors that Were not allowed to sell their shares just because if they did that the stock would have been very very volatile So they actually held those and then they slowly releasing them So right now all the shares got unlocked so a lot of people sold and took some profit Some people that didn't want to continue holding the stock actually sold and took some profit and during that selling You see the price of the stock drop So those are the two things that brought the stock from 33 down to 25 Which is a great entry point and they're one of their main Investors from the very beginning because this company has been private for a very long time I think just source he says back. He started investing in the company back in 2012 and once about 18 146 million shares But right now he plans to sell everything and leave the company why because of Ethical reasons so not because of the fundamentals of the company But because of ethical reasons in my understanding and do some research is that because the company works with the military The company works with immigration enforcement These are just so doesn't like that I think he's like I'm a free open border kind of person And so he doesn't like the fact that they're providing your services the software for Immigration enforcement. So again, that's me looking at you know, just reading and and coming up with that conclusion So again from me, I don't have any specific Source to back that so guys I want to now take you to the charts again Let's go back here. So again, like I said, this is a very very No good opportunity to get into pellets here. This drop down to 25 to me guys This is a very if you can start opening a position right here This is a very good place to start and even if you get in here if you're swing trading This would be a good place You always buy the dip and then swing this thing maybe get it back up to 30 and take some profit If you want to hold long term, then this is a no-brainer at this 25 dollar price point Definitely jump in and pick up some shares because I don't think this thing is gonna come back to 25 Again for a long time. So definitely an opportunity for us to jump in and make some profit So, yeah, let me know in the comment section again guys Pelletier one of our you know, main companies out of that Specializes and big data analytics for all different industries and then how they have a ton of contracts we You know the government the military like we saw there and then if you can see here the company has been really making some move You have a ton of partnerships as a ton of contracts that have signed for 2021 already And this is just the beginning We're still in March and the company is really doing some really good things as far as signing contracts You as you can see like I pointed out earlier. They are Estimating their revenue to be four billion by 2025. That is huge So I mean I have faith in the company long term guys again This is a long-term play because if you look at companies that services the government services the military Once once they start moving they move. So look at companies like Boeing Radio those are companies that would give you good returns because the government doesn't mess around when it comes to spending money They spent money when they need to so that's it for this video again Let me know in the comment section if you do have any questions again guys If you're new to the channel, we talk about how to earn money how to save money how to invest and build wealth If that's something that interests you guys smash that like button and the notification bell to you don't miss out on New content. Also, if you're looking to get started with investing Weibo is doing a promotion where if you sign up and deposit a hundred dollars You get free stocks links in the description below in as always Do your homework don't be a greedy savage and stay motivated