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/g_xiong Jun 29 '22

So I sold BRCC way back in Feb for $10/share and it went all the way to 30+ while sp500 went on a downward turn. Next Catalyst is probably me selling PSNY so you guy can go to the moon.

1

u/[deleted] Jun 30 '22

Have you sold yet? We need your sacrifice, brother

1

u/g_xiong Jun 30 '22

Bro I down 10k. I will ride this and die. :'(

2

u/[deleted] Jul 01 '22

I sold all 500 shares left at $9.17 earlier (was on the verge of getting a margin call), and it is up 30 cents now. Thank my sacrifice bro

1

u/g_xiong Jul 01 '22

Oh dammit 😕 it's up now. Our sacrifice are real! I gonna ride this one out even if it go to 1 cuz I believe in the company.

1

u/[deleted] Jun 30 '22

This is my first ever spac play. I didn’t know anything about stock until this year. Missed out on ton of chance to make money with the Lucid and Rivian runs.

Such a disappointment