 I'm watching it What's up money geeks Mr. V here welcome to another video guys so in today's video I want to quick talk to you guys about ticket symbol PLT are Pellent here, so this is a company that we profile here on the channel before these guys actually went public And they went public if for some reason the stock just was so quiet even after all the Positive news and contracts that they were signing this talk just kept quiet for some reason But then this past week on CNBC Jim Kramer talked about the stock and said to him This is a long-term play. It's not an immediate pop. So I'm like, yep. I still like this talk I like the company. I like what they're doing But I just want to start to move so we finally saw some movement and I think it's gonna carry into this coming week So that's why I want to do this video For you guys 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 smash that like button and the notification bell So you don't miss out on your content pulling to you I've done a full video here where I go in depth as to what this company does. They're basically create analytic softwares For different companies. They mostly work with government agencies But they're also expanding now into the private sector, but majority of the contracts are usually with government agencies So if you look at what the company does and then providing is real-time Analytics data analytics. I think I mean, that's the future using AI and just user using a machine learning to me That's the future But I don't know why this talk didn't pop the way I thought it was gonna pop because if you look at most of the Other companies that went public last year in the tech space. I mean, they were just incredible They just doubled or triple in value and for some reason Palencia that has been a company that Has been around for a long time and has a reputation and has business and it's signing contracts I'm like what is going on? I still understand it And so well finally guys looks at we're gonna see some movement And so one of the key things that I see here that's making this the stock to move Again, if we can switch here is the fact that if you see here Palantir is actually doing what they call a demo day so demo day for Palantir is a day where they actually want to go out and Actually do a demonstration of the softwares and actually show people what the software does think about it as Their I chore it is a battery day or neo day in this case is demo day for For Palantir So this is a good catalyst because if people don't understand what you guys do This is an opportunity to come out and really show them what this company does so that we can you can see some motivation Even on Wall Street and have some people start really talking about the stock is again I still have a good vibe about this this company. So if you look here What Palantir has been doing look at the just the news 2020 going into 2021 you've seen they've signed so many contracts 36 million here 44 million here 22.5 million here again 8 million here when you hear is this kind of You know deals with other companies their price of the stock usually jumps But for some reason guys again Palantir was signed as contracts and we don't hear anything the price just sits there And so again now that we have demo day coming up This would be a great opportunity to push the price of the stock again guys I want you to go into this with one or two things if you are somebody that's looking for a quick win Know that this price might spike and then pull back So if you if you're getting and get that spike up sell and take your profit immediately But for folks that are holding long-term again, I have a position in this company that I'm holding long term Guess I still believe in it even though it's so slow I hate not seeing movement but again if you're somebody that's looking long term and then Make sure that you find a good entry point if you don't already have it if you have it You don't really have to do anything if you don't have it You need to find a good entry point and usually again when you have days like this with this demo day The stock is gonna spike and then you see a pullback So wait for that pullback don't jump in because if you jump in during that spike You're gonna buy at the top and there's gonna pull back. You're gonna sit up there waiting for you to come back to you So be strategic. Don't Panic again the fear of missing out is probably gonna make you want to buy the stock if she going up That's fine with it's definitely gonna come back to you That's it would be a smart idea. So as to when I'm doing this video right now Pellentier is currently sitting somewhere about $32 and 59 cents Which is kind of cool because if you look though this past week The stack was down to 25 bucks or as low Yeah, about 25 bucks and some change and then so it just kind of moved up really good and look at that squeeze up to a new high of I think 33 dollars it actually went up there. So Anticipating that with demo Dave everything goes good this thing my test 36 37 Which would be great and if I mean if he wants to really go high Don't be surprised if penalty of breaks 40 and so if plenty of breaks 40 in my personal opinion I think our next logical support would be somewhere around 35 dollars, which is great Which is better than the 25 dollar that we had before so if it breaks 40 support would be 25 at 35 dollars And that's where you can wait to start looking at getting in if you're somebody that is looking to buy long-term So that's some of the things I wanted to bring up to you guys again There's some major catalyst that I think pushed the stock this past week up the fact that they appointed a New board of director. I think that's something that will push the price of the stock up So that's something to to look for and the fact that it announced that they have this demo day coming up That's obviously something that can push the price of the stock up because again This is something that you want the public to see What you guys are doing and this is the first time that Palantir is doing this This demo so again just being transparent and opening up and showing people What they do as a company? So one of the things that I wanted to mention here is the fact that this company has some controversy Because of the fact the company the software that they designed people had issues with them at one point because they were providing Your software to I think the immigration department and also again with the state department A lot of people were mad at them that they're using it to track and you know the pot people again This is I don't want to get into the politics of it. I don't really care about the politics of it I don't care if you put a rock in the White House. I'm absolutely gonna be doing what the market is doing in this case I'm just telling you guys that this particular company has that people have you know looking to Make sure that they hold them accountable per se Which again, that's up to you to decide, you know, who has to hold them accountable So but the thing that got me was the fact that the CEO actually said we don't care If you think that what we're doing is bad, don't use us. Don't use our service I'm like, okay. That's the free market in my opinion So it was it was kind of refreshing to see that a CEO We should say something like that if you're looking at where the stack is trading right now that's $32 and 50 cents This company is probably worth about Macca Cabo about 56.7 billion dollars, which is insane So I think it I mean again for you guys that are looking to get in there's this huge potential there But know that long-term it'd be it's something that you should worry about if for short term Just play this one with caution that would be my advice so again guys Let me know in the comment section of what you guys think about is Demo day again is on the 26th. I think that's correct. So demo day again is on January 26th as you guys can see here So It Monday would be a great opportunity to see what the market is doing the reaction And then if you want to jump in and then riding through demo they take your profit And then wait back to buy again for long term that would be a good strategy to deploy So yeah play this one with you know with smart and make sure that you do your homework and not just jump in there And and go get burned that would be my advice again. I have plans here. I'm using it I'm playing this one long term, but again, I'm gonna trade demo day just like I did with you guys when I said Neo day was coming by it takes that profit and then wait for that pullback before you can buy long term So again, that's the same strategy that we're gonna deploy on this one If you're new to the China guys, we talk about how to earn money how to save money how to invest and build wealth There's something that interests you go ahead and hit that subscribe button in the notification bell to you Don't miss out on new content also guys if you're looking to get to that with investing We both is still doing a promotion where if you sign up and deposit a hundred dollars You get four free stocks two just for signing up and opening your account and then two Once you deposit a hundred dollars links in the description below and as always guys Always make sure that you do your due diligence. Don't be a greedy savage and stay motivated