GGPI: Polestar EV vehicle looks good here Option Calls Cheap@.75Cheap option calls on this underdog EV Company that just struck a $20Billion Deal. Connections with Volvo and already outselling Tesla in Icelandic Countries. Some cliff notes on other post. DD from Savvy Sean
by iCantw84it
01.31.22
Savvysean
GGPI This is A fundamental Trade based off Savvy Seans Analysis$GGPI Polestar 2nd in EV Production
Polestar is uniquely positioned to access the production facilities of Volvo/Geely allowing it to quickly ramp up production to 750,000 units per year (compared to >1,000,000 at Tesla $TSLA) 53,000 at Lucid $LCID) and 150,000 of Rivian $RIVN$GGPI Polestar 2nd in EV Production
Volume is good. There must be some big buyers.
Triple digits growth
Ggpi
$GGPI @PolestarCars Congrats for amazing start in Korea!! Over 4,000 reservations in one week 👍
Polestar Is a Rare Star in the SPAC EV Space
For risk-tolerant long-term investors who want exposure to electric cars and don't already own GGPI stock, it's an excellent name to buy.
Bold prediction:
$GGPI back over 11 by Tuesday, over 12$ by Thursday this week.
Middle of following week we will be looking at 13.50-17$ and retest a new ATH
I will repost an Idea when it actually makes a move I consider bullish. As of now I am following in on the idea that this is the bottom and has no where to go but up.
by iCantw84it
01/31/22