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The Most Important Thing

risk is largely a matter of opinion

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Alex

·4 years ago
shared a chat session in group #The Most Important Thing
I’ve mentioned I bought Planetary Labs last year (horrible timing obviously). I think it still has the potential to be an incredible high margin business. The stock is up 15% today on news they were awarded a 5 year US gov contract with potential for an extension for another 5 years. This article does a good job of noting that while PL has not made a statement about the value of the contract, two other smaller companies did make statements that they value this contract in the billions of dollars. I think when PL does put a dollar figure on the statement, it’s going to be a sexy number and that will be a second big boost to the stock - buying more here: nasdaq.com/articles/why-p..

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