 Not again What's up money geeks? Mr. V here welcome to another video guys. So into this video We are going to take a look at ticket symbol PLTR Pellentier so this is a company that we did a review here on the channel when they were going public when the IPO was going out So we profile that here on the channel. So if you haven't already I'm gonna hook up that video here So you can definitely go check it up. So since then the company has actually been doing pretty good The price is actually gone up quite a bit from when the IPO first came out Which was somewhere around $10 and then there was some it know it came out and then pulled back to $9 And then ever since then it's gone up or close to about $30 in price But just this week we got some news again from short seller research company Citron that Know plenty of basically they called plenty here a full casino Which I don't quite understand why they would do that But if you notice like Citron has had a history of Attacking companies so they did it with Tesla back in 2018 did it with Neo just recently as of last month Did it now with plenty? So the question is is plenty a really a full house casino I'm gonna give you guys my personal take and then we'll take a look and see what the future is and I'll give you my my price projection for Polentia moving forward but before we get started guys if you're new to the channel We'll 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 the notification belt So you don't miss out on new content. So for this of you that are new to Polentia So plenty of basically is a company that provides Software that helps company Analyze the data and and give them insight into the data so they can make better decision So I again I said I did a video about the details of this company Which I'm gonna hook up here so that you guys can definitely go check it out So it's a great company the business model to me is excellent You know B2B providing software to help companies analyze complex data Imagine that in 2020 which companies are generating more data than ever before To be able to harness the power of that data Get insight to help companies make decisions. They are required to hire very sophisticated data engineers and People don't want to do that. So the Polentia comes in and provide them the software That's already all you have to do is plug in your data and it will give you the insight that you need So these a day are sitting in a very unique space But the fact that a Citroen is going after them and calling them kind of like our you know a full casino I don't understand because this is not a company that is let's say they just have an idea They have a workable product They have a list of customers that they are currently working with they do business with You know private sector as well as the government sector. They do business with the US our army research lab Which they actually just recently signed a two-year contract of 91 million dollars with the US army research lab And also another aerospace company that just recently signed a contract 300 million dollar contract with Polentia So when you look at those companies that are trusting them and using their services and they're doing great I don't think that they would be What you know Citroen will call a full casino again They probably have their reasons for calling them a full casino But I'm looking again from the business model and I'm looking at the history of the company before they actually went public The company has been profitable of revenue has been growing year over year even as of 2020 their revenue has actually gone up and even with COVID They're still being able to secure 300 million dollar contracts I'm anticipating that when things get back to number and companies that has to function This company is gonna get back on track if right now they're doing pretty good And if you see right here when the company when we first profile this on the channel a few months back Look at the stock was somewhere around $10 if you go three months back It was somewhere around it pulled down all the way to $9 back in October 2nd And ever since then the stock has just gradually been going up to the point where as of this week He actually hit $33 for for a high. So and then Citroen came out So $33 for a high before Citroen came out with this hit job again And we know Citroen is really good at doing this and going after companies. So I'm not really You know taking a bet with these I think Citroen people they want to make money again This is the news people they want to make money. So they are short sellers if you know the Citroen Research company their short sellers they go after companies because they want to drive the price down and make profit So I'm anticipating they drive the price down They shut the stock make profit and then when it drops to buy it and then ride it back up So that's how these guys operate. So I'm not really going to take them face value in this particular case So but again my projection for Palantir in the long run It's going to be a good company a good stock to invest in but you have to be patient with Palantir I have two major concerns that really I can think about here The first one is that Palantir is a B2B company and if you understand business very well You notice that B2B to acquire customers is not very easy It takes maybe one two three years sometimes to pursue and actually acquire a customer But once you acquire that customer the revenue from that one customer could be Millions and millions of dollars. So you have to be patient with them and give them time to grow The second one that I see second reason I see again is that the business model. I've seen people complain about them Online talking about the fact that they provide softwares to organizations that go after people So case in point was the fact that their software was used by the US I think the US immigration service and people said hey, you're using that to go after Immigrants and and track them down and people didn't some people don't like that But the CEO was very very adamant about it He came out and categorically said if you have an issue with us providing our software to these organizations Then you're not our customer. We don't want you as a customer So I mean he was straight up because some companies would just cave in but the fact that he came out and said that to me That tells me that this is somebody that he has his conviction and he sticks with a conviction So I kind of like that. So again, I'm my price projection for for Palantir is that This pullback is not in the last Palantir is maybe in the next year or two. You're looking close to 80 to $100 price target to me because of again the fact that they have this uniqueness in this space where they provide a Software that helps company bring out Insight of the data. So I really really like that if you're not in Palantir right now I'll say look at this pullback again with the news from Citron, it's a great opportunity to jump right in and pick up some shares and again guys always do your homework Make sure you understand the companies that you invest in don't just invest because somebody say oh, it's a great company Do some research make sure you understand what that company does before you actually jump in Instead investing investing your money in the company and also if you are looking to get started with investing guys We both currently in a promotion where if you sign up you get free stocks You get a free stock. I got a free stock and that's what helps me to keep this going So if you are looking to like start investing check the links in the description below and definitely use my Affiliate link is that really does help me continue to make content and as always Don't be a greedy savage and stay motivated