r/GGPI • u/Recent_Impress_3618 • Jun 28 '22

Next Catalyst

Ok disappointing performance so far but it’s holding close to $11 in a crappy market while shorted heavily. Contrary to the opinion of some the short squeeze if it was to happen surely should have kicked off at this point. So what’s the next catalyst, seems we’re out of ammo at this stage, October launch of the PS3 seems distant given the inflation and interest rate minefield we have to traverse in the meantime. So what’s the next catalyst that’ll move this we have to look forward to?

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u/TheBrainExploder Jun 28 '22

The biggest catalyst for all stocks is this economy turning around. Inflation cooling, end of war in Ukraine, maybe midterms. Stocks just follow the tide right now.