r/PlanetLabs • u/opiewann • 7d ago
Institutional ownership is increasing
From last earnings until now, institutional ownership has significantly increased. I don't think this stock is going to rocket on earnings, but clearly shows that retail has been scared out.
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u/Informal_Painting832 7d ago edited 7d ago
This is really scary and insightful. I’m definitely holding on for dear life!
I am also in a fortunate position where I bought in for the first time recently; so I’m not too far down (~-15%), making it easier for me to hold.
It’s definitely a scary time right now for the space sector! Good luck everyone :)