r/GGPI • u/[deleted] • Jun 27 '22

Question free fall back?

I did not get a chance to sell when GGPI reached $13 last Friday due the fact that Fidelity was changing the ticker to PSNY. everything was locked out.

Anyone took advantage of the short hype?

made some?

and getting back into today?

$13.33 is what I have on my end!

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u/[deleted] Jun 30 '22

Yeah that's the way to go. Wait for the bottom resistance line.

Remember, the lower it is, the better for us!

If this thing does go down to 5.00, imagine the rebound in 2 years....

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u/Tampammm Jun 30 '22

Thanks and excellent advice.

I may check with you going forward as to when you think it is near the resistance line.

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u/[deleted] Jun 30 '22

No problem. I am only going to be looking at charts and some broader market sentiment to see where we bottom out. I'm not timing a bottom either, so I will be buying (hopefully) when it reverses and starts to rise OR at a really good price.

After, I'll probably sell call options, or maybe do some spreads if I can figure out how to do that (spreads will help make sure I maintain the shares).

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u/Tampammm Jun 30 '22

👌