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Planet Labs PBC T.PL


Primary Symbol: PL Alternate Symbol(s):  PL.WS

Planet Labs PBC is a provider of global, daily satellite imagery and geospatial solutions. The Company designs, builds, and operates the earth observation fleet of imaging satellites. The Company provides mission-critical data, advanced insights, and software solutions to over 1,000 customers, comprising the agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to derive value from satellite imagery. Its satellite data and analytics reveal actionable insights regarding important phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Its daily stream of proprietary data and machine learning analytics, delivered over its cloud-native platform, helps companies, governments and civil society use satellite imagery to discover insights as change happens. Its digital technology platform includes Agile Aerospace, Proprietary Big Data, and Platform and Analytics.


NYSE:PL - Post by User

Comment by Dunworkin2on Jun 09, 2020 4:23pm
95 Views
Post# 31130488

RE:no posts in 16 months - anybody care?

RE:no posts in 16 months - anybody care?

Hey brother, yes you aren't alone. I sent an email to stockhouse about a month ago when I got into PL asking to set up the bullboard, so good to see it's up and running.

I got in before their last quarterly, which was also a day before a fire. Lol! I have been averaging down.

A few observations:

1) I didn't think their last quarter was as bad as the share price reacted. You are right in pointing out some of their challenges around finding cheap resources for the pellets which I think will also weigh on their profitability again this quarter.

2) There has been some decent insider buying both by officers and also that Japanese 10% holder (I forget the name - something Prospect?) but they are regular buyers.

3) I think it is oversold, had a nice day yesterday and am looking for other value long term investors to jump in here at these levels.
 

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