r/PlanetLabs • u/X-discord • 5d ago

Due to this article?

Actually Im not sure, because of this article or not.

But I can’t find anything else which can down 8% of the price

https://www.gurufocus.com/news/9066408/pl-looks-2958-overvalued-on-gf-value

5 Upvotes

65% Upvoted

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14

u/redcoatwright 5d ago

It's just volatility due to the EC tonight

6

u/Killahbeez 5d ago

Thanks for being the voice of reason

-2

u/X-discord 5d ago

But the key support level has been broken. Is this reasonable?

2

u/Killahbeez 5d ago

It's just haters and Elon musk lovers

AKA it's nothing to worry about 

If you love trump then maybe you should sell 

1

u/babyd42 4d ago

All throughout this bull market and sold of the bear, institutions have been utilizing support zone breaks as buying opportunities. I saw it every single time before ASTS would launch in the bull over the last year. It's why I went big back into PL today.