Episode 972: Burned Myself Shorting Palantir. Is Anthropic a Threat to Palantir？

**SPEAKER_1** (0:00)
What's the play on Into?

**Martin Shkreli** (0:01)
I don't know, probably Long. It's all about psychology at this point. Market psychology. You gotta be a master of market psychology. Dude's really growing like that.

**SPEAKER_1** (0:10)
I don't know if Google's a short.

**Martin Shkreli** (0:12)
Gross is pretty good. It's down because of AI, even though they're supposed to be AI. What with Destiny? What is their debate? You can hold it till tomorrow, but you don't have any Longs, right? You're out of, but I mean, once four o'clock comes, all those get canceled.
No, the four o'clock markets closed. You can place after hours trades too. Yeah, if you want to, you can hold it till tomorrow. You could keep making around it, selling it when it goes up, buying when it goes down.

**SPEAKER_1** (0:41)
You could change that 95 to 97

**Martin Shkreli** (0:44)
95 is not 90.7. You change it 90.5.
You see 90.5?

**SPEAKER_1** (0:50)
Yeah. Sell 42 S42.
Yeah. You do it on 50 books.

**Martin Shkreli** (0:57)
You do it on 100 books, but you got 500 events, so be sure to more. You have that NVIDIA Cushion, so you can wait for it to come down. You can do whatever you want.
90.30. I haven't looked at Ginkgo. It's kind of been a company that hasn't done very well. Palantir is reporting tonight.

**SPEAKER_1** (1:14)
It's going to be a big deal.

**Martin Shkreli** (1:15)
Guidance is 1.8. Oh, Rebel's Padufa is today?

**SPEAKER_1** (1:19)
That's crazy.

**Martin Shkreli** (1:20)
There, it's all they care about is Rule of 40 Ah.
I missed Ami.

**SPEAKER_1** (1:29)
Hello, hello, hello.

**Martin Shkreli** (1:30)
Snap is reporting tonight. I don't normally watch that one.
Kind of a dull company. Maybe last quarter by 100 mil. I do agree that you probably do that on a percentage basis. Let's see.

**SPEAKER_3** (1:43)
6%.

**Martin Shkreli** (1:44)
Okay, so they on average beat by 6%, which taking the midpoint. Do you have fun this last weekend? Not really. 1799 times 106 They should do 1900 Well, 5.7. 1901 If they do more than 1901, that'd be impressive. If they guide at more than 2100, I would say that would be impressive. We'll know very shortly. Oh, there's Intel 9050
Good. It's coming. 9046, 9044 That's great. It also depends on what else is going on in the market. If like all stocks are nosediving, it only drops a little bit. That's not good either.
It's back in 950

**SPEAKER_1** (2:31)
950, you shorted it again.

**Martin Shkreli** (2:34)
That 9050, you shorted it again.

**SPEAKER_1** (2:35)
It's good though.

**Martin Shkreli** (2:36)
Yeah.

**SPEAKER_1** (2:37)
I want to get this zero. Okay, you don't have to. But that's the goal, right? It's up to you. Well, you don't want.

**Martin Shkreli** (2:43)
I mean, yeah, I mean, it never ends, right?

**SPEAKER_1** (2:46)
Tomorrow, you pick it up, do the same thing. Yeah.

**Martin Shkreli** (2:48)
And get out just because it's 4 o'clock, necessarily. A lot of firms want that, but kind of artificial and kind of pick you up. Looking at the idea, then that's the big thing.

**SPEAKER_1** (2:59)
We're going to get that back. Yeah.

**Martin Shkreli** (3:01)
It's future money. The Palantir is coming. This is going to be exciting.

**SPEAKER_1** (3:05)
What time?

**Martin Shkreli** (3:06)
Should be around 4
Let me see, actually, when they normally do it. Yeah, it looks like 405 on the dot. I spend a down trend since that makes me. People do channel checks before the quarter to see how it's going. There's a lot of big hedge funds that they'll sneak around and ask guys.

**SPEAKER_1** (3:27)
What's your news of bringing Intel down?

**Martin Shkreli** (3:29)
Intel? Now you're asking the question. He just reported an amazing quarter.
Well, it is and it is in my account right now.

**SPEAKER_1** (3:38)
I mean, it would not stay long. Yeah, it's been just months. But I can see that it's been short.

**Martin Shkreli** (3:46)
Yeah, but I want to leave it now.

**SPEAKER_1** (3:48)
I used to do that with Seoul. Yeah.

**Martin Shkreli** (3:51)
I don't know. I don't want to do the same thing on the downside. Like I said, it's been in this big down trend. A lot of people worried that AI and Anthropic, especially, is going to nuke Palantir. But it's like SpaceX.

**SPEAKER_1** (4:04)
So when people put shorts on SpaceX, they're like, they're in my evaluation.

**Martin Shkreli** (4:09)
They did it.
SpaceX is not going to go down. Palantir is overvalued. I'm not sure that's true. Let's see what the TTM cash flow is. 2.7 and that's growing rapidly. Nah, it's not really overvalued. At this point, it's baking in quite a lot of fear. I mean, they're literally growing 100% year over year. Closed total contract value, 2410 Is there a consensus around this thing? I have RDV, TCV, well TRD, please don't watch tweets from Brian Johnson, man. I'm a serious guy, okay? I've done a lot of reading in my life to get to where I got to.