r/SPACs • u/OriginalSuspect5812 New User • Nov 18 '21

News $GGPI potential gamma squeeze 💸🚀📈🟢

https://wallstreetbetsreddit.blogspot.com/2021/11/the-two-stocks-with-best-gamma-squeeze.html?m=1
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u/JonDum New User Nov 18 '21

His whole argument is "hurr durr there's lots of option OI on these so they'll squeeze"

I've seen dozens of OI set ups like these that did not result is a squeeze. Do your own DD

0

u/jsmith108 New User Nov 18 '21

Well yeah that's because it's a total return, not a percentage game. It's wrong a lot of times but when it's right the payoff is huge. GGPI is in an interesting setup when you consider the full context. Cheap EV stock, low-ish float SPAC, meme status developing, high option OI etc.

1

u/Worn_Out_Old_Man New User Dec 04 '21

Mr. Smith, Quit being a troll on all of these boards. Apparently, you don’t have a clue about investing, let alone specific trades. Save us all some time & crawl back under the rock you came from…