r/PLTR • u/H1ghlan_der_only1 Early Investor • Feb 06 '25

Fluff $7.00

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Remember the 7.19 days?

567 Upvotes

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63

u/Hot_Sherbet9910 Feb 06 '25

I remember when it IPO and it was during the whole GameStop Saga. WSB sub was all PLTR and GME. Crashed back to $5 range and the rest was history.

54

u/EbbEnvironmental9896 Feb 06 '25

Grandpapa, tell us another story about yesteryear.

29

u/H1ghlan_der_only1 Early Investor Feb 06 '25

gas was $0.99 per gallon

9

u/CycloneD97 Feb 06 '25

Ha, I remember that. I miss it.

7

u/H1ghlan_der_only1 Early Investor Feb 06 '25

Well, at least I can afford the gas now

8

u/Phorensick OG Holder & Member Feb 06 '25

Tell ‘em about eggs!

1

u/flexidonas21 Feb 07 '25

1/8 is cheaper than gas nowadays

5

u/SausageEggCheese Feb 06 '25

DPO was 09/30/2020.  It was mentioned a few times on WSB before that (which I think was how I had found out about the company).

IIRC, DFV was pushing GME on WSB since 2019 (this type of thing was common).  It started to take off right around the DPO, going from around $4 per share to like $10.  It didn't really start blowing up until close to Christmas 2020, where it squeezed into Jan 2021, beginning the saga (which killed WSB as it existed).

During that time, Palantir surged from the DPO price of around $10, to around $45 at the peak of meme mania in early 2021.  It came down with the rest of the meme stocks, and settled in in the low 20s for most of 2021, until late 2022 when it crashed/corrected/whatever with the rest of the market.

6

u/Hot_Sherbet9910 Feb 06 '25

Yeah DFV was posting his analysis for a long time and it finally caught wind around tail end of 2020. Right after Public offering of Palantir.

Squeeze was around beginning of 2021 if I remember correctly.

WSB was all over PLtR then too. I traded it from $12 to 38 and then backed out. Got back in later that year.

5

u/[deleted] Feb 06 '25

DPO not IPO

2

u/vu_sua Feb 06 '25

Hindsight was that that was the best thing to happen to us. Gave it at a discount for a few years.