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companies · 3 data points
so who's going to take it on the chin first when a market retreats the highest valuations get corrected first yep and the the ones that might be the lowest will lose the least because i mean if you compress to three times four times five times your sales people are going to be like huh there's no compression left that's actually a buy so that's all this is is just reversion to the meme
if i were to mention palantir has the highest price to sales ratio we've ever seen right i think it was something like 80 at the peak 70 or 80 price to sales ratio incredibly high
palantir is a great company they have great products i think they were growing 30 or 40 percent year over year if i remember correctly on a two or three billion dollar run rate so this is a legit company alex carp is just goat level ceo they're doing important work in the world but sometimes a stock becomes a meme stock