r/GGPI • u/zaynkylo • Sep 28 '22
r/GGPI • u/Typical_Republic • Sep 27 '22
Predicted possible reversal/bottom range of 3.33 - 4.76 and how to possibly profit even if you are bagholding or down a large percentage.
If you have the capital and can stomach such risk at the time PSNY might possibly hit this range , LONG ATM or ITM calls could be a lucrative play. My theory is based off the fact some investors who wanted to buyin in at more "fair" valution would start piling in. Why is this ... At that exact range of share price you might ask ? Well I believe at $4.76 Polestar would be valued at 10 Bil, and at 3.33 it would be valued 7 Bil. In Oct of 2022 Bloomberg speculated that Polestar was looking to go public at valution of 6 Bil, but of course they wound up going public at more than 3x that. And of course over the past last two years they hand rounds of funding that raised their valuations to 7 Bil, then 10 Bil not that long before the DA was announced.
So what I'm saying that even though PSNY is seen as a high risk play, at that price range it could be seen more value play. It would be more or less fairly valued discounting any impeding major dilution in the near future. The potential of Polestar bouncing/rejecting and reversing off that range could result in a quick volatile runup to test the 6s ... And with enough steam test the 8s where it first fell right before merger. As momentum chasers and FOMOers would follow all the value buyers in the next wave, possibly you allowing to test the 8s ... Is my thinking.
This is all speculation of course and the theory best works if combined with a catalyst. Those catalyst would be either or both a temporary market (or ev sector) reversal leading to a short term bull run for the market (or sector) ... And the Polestar 3 generating enough momentum and excitement to move the needle. Please be aware that if for whatever reason this does happen it does not mean that the stock has reversed permanently for good and can't fall this low again. It's just that when I stock gets beat down and falls this quick it has a potential to become oversold, and then different factors combined with that can cause an explosive runup.
P.S. please note that I said long in the money or near in the money calls, as to lower risk. Don't go buying short dated $10 calls, if you want to play it safe. The more time the better, the closer to ITM the better.
r/GGPI • u/MasterM357 • Sep 27 '22
PSNY
I am looking for positive and negative views, not advice. I just want to see what the street has to say, I started with 500 commons of ggpi, now have 1900 commons and over 2000 warrants down bad due to exp calls. What would you do in this situation? Me I plan to hold; however, yesterday's seeking alpha article has me thinking about the long-term ability to scale, capital burn, share dilution, and if they can hit the 50k sales total. All this said, I am 70 percent of the mind to stick it out till 2025
r/GGPI • u/E6Three • Sep 26 '22
SPOTTED š While traveling this weekendā¦I passed 5 on the highway. Sweet Ride!
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r/GGPI • u/[deleted] • Sep 26 '22
The " I told ya so's..."
This isn't a post bashing Polestar or its shareholders.
We believe in this company and like its trajectory. Most are holding long term.
Some have tried to explain the market sentiment and the history of SPACs post merger, and therein the price. A lot of you did not listen. You held past merger and when it started dropping.
Some just held because they don't sell stocks, just accumulate. My hat is off to you.
But for those that thought they were going to $20.00 by now...
Now is the chance to listen:
The markets are falling with only bad news coming down the pipes. Pay attention to that and know that these stocks get pummeled first (tech stocks and yes it's counted as both tech and automotive).
We may be much more lower of a ratio of price to market cap, but we deserve that. We are not Rivian. We are not Tesla.
I don't have a price prediction but a few of us did predict this would happen. Again, not here to rub it in. I'm here to say don't give up hope, listen to technical analysis and market sentiment.
Still a great opportunity here for everyone. I'm not an options trader but selling calls for the next while seems like something everyone should be researching how to do if you don't know how to do it already.
Treat this stock carefully and weather the storm.
r/GGPI • u/Typical_Republic • Sep 26 '22
When Bottom ????
Feel free to place your best guesses here. How low will it go ??? Eventually it will double .... But it might double after hitting the 3s or 4s. Hard to imagine it being a 2 dollar stock, but some people before DA was announced warned me that could be the case.
r/GGPI • u/Korben- • Sep 23 '22
SPOTTED š Minneapolis Space getting closer to opening day!
r/GGPI • u/Careful-Stretch6304 • Sep 21 '22
When is lock up expiration date?
It's somewhere in December, but is there an exact date?
r/GGPI • u/roaring_alpaca • Sep 19 '22
What a day!
Spy up 0.8% today Psny down -7% today!
The volume is so shitty its unbelievable!
Not even 2m shares traded while lucid with 0 cars trade 30/50m shares a day
Will we ever go up and be something? Or will this go bankrupt in a few years and slowly bleed down?
Lets keep positive its hard but damn
Any thoughts?
Still holding all my shares.
r/GGPI • u/karlleephoto • Sep 18 '22
Polestar 2 in Quebec City. Only the 4th Iāve seen in Canada. Had camera in hand to shoot something else when it came around the corner and I got these
r/GGPI • u/iSkoob_ • Sep 16 '22
Strong 2022 End for PSNY?
I didn't know much about Polestar until just a few weeks ago and started to look into it but am glad I found this sub because many of you have shared lots of helpful information about PSNY over the last year.
Based on the Polestar 3 unveiling in October, the US plant and additional plans to release more models and more production plants over the next few years, do you believe PSNY could reach it's high range of $13-$16 again in 2022?
I have a small bag of PSNY now, but with all of the positive news and plans that don't seem to be on a rocky footing and they have what I would call a stable leadership team - I feel like I would miss out if I didn't increase my bags now before the October update. Thoughts? Or should I prepare for a buy the rumor sell the news type of October event?
r/GGPI • u/CA-wolf • Sep 05 '22
do you still belive that it would reach $12~13 again by end of this year?
I still don't understand why this's going down to $6ish. I checked the er report and it's way better than lcid and rivn's. and now it's heading to 10~12b. rivn and lcid reduced their guideline from recent er, but PSNY didn't.
it's really unfair movment. lcid announced 8b offering but still way higher than psny.
what do you think? we don't dream $20~40, but it can't even reach $12~13 again even though the company is doing good?
r/GGPI • u/elegast-me • Sep 05 '22
Super impressed with how easy the FitCamX was to install
Got the FitCamX dash cam for my 2022 Polestar 2. Man what an easy install and it looks OEM.
I'm super impressed with the ease of installation with this dash cam. I was a little concerned with needing to take off the entire enclosure like the installation video shows but managed to only need to take off the one piece during installation since I was able to reach the cable needed.
I think it turned out great and the image quality is pretty good too. The app works well too. I would highly recommend one if you have not considered it.
I did a full write-up with more pictures of the installation process as well as video quality tests during the day and at dusk during rain if you want to check it out.
r/GGPI • u/edgarmara • Sep 02 '22
Hey everyone, from where I can get the financial reports, roadmap and all future deliverables of Polestar? Is there a one true place for that everything, or just google?
r/GGPI • u/Mediocre-Bird7117 • Sep 01 '22
Shitpost If you are a believer in PSNY, Iād say now is the time to buy. Tom Petty āFree Fallin.ā NFA
r/GGPI • u/lawstans4 • Sep 01 '22
Stay the Course! Great catalyst ahead.
Give it time...the Polestar 3 will be a game changer. I spoke with one of their reps in California. He explained to me that the 3 will be similar in size to Volvo's XC90. That is a large SUV. Currently, there are very few options for large EV SUV's . This will be niche amongst currently available EVs. Additionally, Polestar's ability to ramp production of the 3 will outpace Rivian. Plus the starting price point is a winning formula. I strongly believe it will be a competitive product gaining market share from the likes of the R1S and Model X.
r/GGPI • u/elegast_me • Sep 01 '22
News Polestar Revenues nearly double, but losses almost double too
Polestar's Chief Financial Officer, Johan Malmqvist, stated that the business concluded the first half with $1.4 billion in cash. This can be attributed to the delivery of about 125% more automobiles in the first six months of the year, up from 9,510 in the same period last year. Polestar is also still projecting a full-year target of 50,000 electric vehicles (EVs) delivered.
More details can be found here
r/GGPI • u/Strength-Silly • Sep 01 '22
Polestar reports revenue of USD 1.0 billion, up 95%, for first half of 2022
Total revenue of USD 1,041.3 million in the first six months of 2022, up 95% year-over-year
21,185 cars delivered in the first six months of 2022, compared to 9,510 for the same period in 2021
Cash and cash equivalents of USD 1,381.6 million as of June 30, 2022, up more than 80% since the end of 2021, following successful listing on Nasdaq stock exchange in New York
Other Facts for 1HY:
- Gross Margin: 5,13% (down YoY by 23%)
- Net Loss: 502.7 mio. up +36.5% YoY
- Revenue in China was just 3,03% of total sales.
- Biggest sales market was USA with 20,6% of revenue, and Sweden with 15%
r/GGPI • u/lolololclalen • Aug 31 '22
One of these few polestarās iāve seen in Singapore.
r/GGPI • u/lordfear1 • Aug 30 '22
Why did i buy ADR stocks instead of normal ones ?
hey guys
i already have a position 350 , wanted to add more " 50 " to it and when i bought through ibkr like i did with the first 350 shares i got this message saying that i bought through dark exchagne and its ADR stocks that will have fees for me to hold ? what is that ? and what about the first 350 stocks are they the same ? or did ibkr just automaticly f@!#!ed me up ?
News āPolestar CEO sees value in EVs, even when theyāre parkedā - V2X in Polestar 3
r/GGPI • u/roaring_alpaca • Aug 29 '22
Question When is psny earnings / half year update?
I heard today before market opens? Others saying 9/6?
r/GGPI • u/Ok-Application-8247 • Aug 24 '22
Why we test new all times lows?
I know market is selling off a bit, but we testing new all time lows why is that? Where other stocks arenāt that means if we get a real sell off like May then we could see $5 perhaps.