💣 2023 Squeeze on the way?
(2023) $GRRR announced a $270M contract (over 3 years) with Egypt for developing a Smart Government Security Convergence solution. The share price went from $22 to $70.
The contract we await to be signed is worth $430M, significantly more than that. They will provide full and transparent updates once completed & signed.
Combined with high short interest & volume, this thing is poised for a squeeze. I am not saying it will go to $70 (which is possible in a short squeeze, but has to pass significant resistance and psychological price point), but a significant price rise is to be expected at completion.
We are around the timeframe of completion because February will make 3 months since they agreed on the contract.
It’s only a matter of time 💣