passion7272 @passion7272: ""Trying to catch a falling..."

Bangladesh

"Trying to catch a falling knife will only wound you." On January 27, 2021, $PLTR (Palantir Technologies Inc.) stock hit an intraday high of $45 and closed at $39.37. After that day, the worst period for Palantir began, with the stock dropping to $6.20 by the end of December 2022—a bear market lasting two years. This represents a drop of over 80%. After hitting rock bottom, Palantir began a gradual recovery. By November 2024, the stock finally reclaimed its 2021 high of $45, completing a four-year round trip. This journey teaches one critical lesson: Time Heals (Some) Wounds: Even catastrophic declines can reverse—but recovery often takes years, not months. (Not all wounds; consider $NIO (Nio Inc.-ADR) and $LMND (Lemonade Inc.) ) In February 2025, Palantir's stock price reached $125, but just three weeks later, the price is now $76, reflecting a drop of 39%. Is it time to dollar-cost average (DCA)? If you believe in Palantir’s long-term prospects, DCA makes sense, but only if: ✅ You have a multi-year investment horizon. ✅ You allocate capital gradually instead of going all-in at once. ✅ You set clear exit and stop-loss levels in case the thesis changes. This applies to any other stocks as well. I would personally suggest waiting to see how the market behaves in the next few weeks. In 2021, when Palantir shares dropped 85%, tech giant $META (Meta Platforms Inc) fell 77%, and the entire tech sector plummeted, stocks like $CVX (Chevron) grew over 100%, $OXY (Occidental Petroleum Corp) increased by 350%, and $HCA (HCA Holdings Inc) rose by 200%. So, before planning to DCA into your favorite tech stocks, ask yourself: 1. Is tech still leading the market? 2. Are other sectors showing stronger momentum? 3. Is the broader market in a risk-on or risk-off phase? "Trying to catch a falling knife will only wound you." Consider looking outside the USA too; $HKG50 (HKG50 Index (Non Expiry)) appears much stronger now.