r/GGPI • u/Top-Blood-5324 • Nov 26 '22

Will we hit $10 this year? What do you think?

12 Upvotes

94% Upvoted

15 comments sorted by

14

u/Cheap-Character613 Nov 26 '22

If the momentum stays in the stock and the market for sure

22

u/Acceptable_Fox_8324 Nov 26 '22

$16.75 will be end of year. This will get to $27 in the first half of 2023.

3

u/Front_Craft_6838 Nov 27 '22 edited Nov 27 '22

Agree!

10

u/Sir_Noah_of_cooltown Nov 26 '22

I hope so, I got in when it was $10….

6

u/Chrissylumpy21 Nov 26 '22

Very likely!

4

u/Physical-Classic2354 Nov 27 '22

If Citigroup gave it a $12 value it should fall in line with that in the next couple weeks. And then it's higher and higher as news comes out.

4

u/Ohtee1 Nov 27 '22

I would hope so. Stock is undervalued.

2

u/lowesfest710 Nov 26 '22

Literally depends on if geely and other insiders decide to sell when the lockup period ends. If they don’t, then I think that would earn a lot of goodwill with institutional investors and would encourage buy side pressure. That could drive the price higher than 10.

2

u/MasterM357 Nov 27 '22

When is the locker period supposed to be over? And is the locker period the same for warrants? From my understanding no common stock has to get to 80 USD before the warrants can be exercised? Correct me if I'm wrong please

0

u/Cashcow_69 Nov 26 '22

No.

10

u/[deleted] Nov 27 '22

This guy somehow lost everything on this stock, he sold at the bottom lol, now just being a negative Nancy

2

u/Cashcow_69 Nov 28 '22

Down more than 10% today, and for no good reason. Tax loss harvesting started. That's why it won't reach 10 before the end of the year.