GigaCloud: Bullish or Bearish?

【Key Points】In a volatile first trading day, GigaCloud shares rose as much as 272%. After being priced at $12.25, the IPO ended on Friday at $48, up around 290%. 【Topic】Are you bullish or bearish on this Hong Kong-based fintech company? Share to win coins!

User Discussion

avatarskythelimit
2022-09-02
$GCT I think enough investors have caught the scent of this, that I'll be content no matter which way it goes in the mid/long term. I thoroughly dig a big move in a session or 2, but slow & steady growth over time builds a more solid stock. After all this dust settles, GCT could be a stable, fundamentally sound beast. One that, while we're elsewhere flipping, it's hangin in the background, steadily growing. If it gets ran back down, another session like today is very likely. But like I said, I still love some fast $$$ and will release a majority of my shares back into the wilds of the market if we have a super colossal run but will definitely get some back after the inevitable drop. 😁😁Ps- I'm sure the board will be reminding, but for the unaware, don't forget about February lockup expi
avatarsunshineboy
2022-09-02
After a company issues an IPO, insiders and underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates on the company for a set period of time as a result of SEC regulations. This period of time is often referred to as a quiet period. Following the end of a company's quiet period, brokerages that served as underwriters often initiate research coverage on the company. GCT will be interesting next week with Earnings and after the quiet period. I plan to hold all my shares until the lock-up period expires.$GigaCloud Technology Inc(GCT)$
avatarTiger Lim
2022-08-31
avatarafterstar
2022-08-29
avatarMr. T
2022-08-25
avatarAlvieAlive
2022-08-25
$GigaCloud Technology Inc(GCT)$To the clouds? To the Moon? Or back to the ground?
avatarStickyRice
2022-08-24
Newly public GigaCloud stock continues rocky ride, tumbling 35%Newly public GigaCloud Technology (NASDAQ:GCT) $GigaCloud Technology Inc(GCT)$stock continued its rocky ride on Tuesday, with shares tumbling 335%.Shares of the e-commerce services provider opened at $32.61, climbing to a high of $34.90 before sliding to a low of $25.60 mid-morning. The stock recently changed hands at $27.75 at approximately 10:40 a.m. ET.Hong Kong-based GigaCloud went public on Aug. 18 through a $36M initial public offering, with shares priced at $12.25 apiece. The shares finished their first session 28% higher at $15.69.The stock soared 206% during its second day of trade on Friday, but fell 14% on Monday.Based in Hong Kong, GigaCloud provides e-commerce solutions for
avatartop gun
2022-08-24
avatarmars_venus
2022-08-23
avatartop gun
2022-08-23
avatarMizu112299
2022-08-23
$GigaCloud Technology Inc(GCT)$The business verticals surely has a strong demand. Have to see how well the financials are maintained. Taking small risk !!
avatartop gun
2022-08-23
Bullish
avatartop gun
2022-08-23
avatarStickyRice
2022-08-23
GigaCloud Stock Tumbles, Joining Meme Old-Timers AMC and GameStop in the RedGigaCloud Technology GCT –13.75% plummeted Monday, giving back early morning gains after retail traders shifted their view on the stock.The Hong-Kong based business-to-business platform completed its initial public offering on the Nasdaq on Thursday, with the stock opening at $19.20, or 56.7% above the IPO price of $12.25. The following day, GigaCloud (ticker: GCT) $GigaCloud Technology Inc(GCT)$garnered the attention of retail traders, whose trading activity caused the shares to close at $48.01 in their second session — up 206% from Thursday’s closing price.Mentions of GigaCloud skyrocketed on online forums such as Reddit and Stocktwits following the company’s stock market
avatarUpswing118
2022-08-23
Bullish, but gotta play it like a day trader. 😢😕
avatarTonyap
2022-08-23
Bearish 
avatar金錢弟
2022-08-23
Bullish if I can get in below $10
avatar3rai
2022-08-23
Bullish! EoW here we go! 
avatarAlvieAlive
2022-08-23
$GigaCloud Technology Inc(GCT)$TO THE CLOUDS!GigaCloud Technology provides an ecommerce logistics marketplace and related logistics services for businesses needing to deliver large parcel goods.GCT stock is up 205% since its IPO and many investors think it may be the next HKD stock.GCT has potential upside due to hype but could crash after the most recent short squeeze.
avatarOptionspuppy
2022-08-23
$GigaCloud Technology Inc(GCT)$I am bearish because it dropped 50 % Not sure who sold call or buy put on it seems is quite same to bet bear on a meme stock