I know everybody is excited about GCTS and so am I but looking at the history of GCTS and given my experience in small caps into earnings, dont be surprised if we drop hard after earnings one more time and rise again over a few weeks. “sell the news” kind of event
I think we are in classic Wyckoff Accumulation, towards the end of accumulation phase. GCTS is well positioned for future growth, I think it will be explosive into 2027 and 2028 as contracts come in. IMO a drop will be a nice time to add or start a position
edit: beware GCTS still has access to its $75 million ATM offering and only used $75 million of its $200 million shelf registration and has $125 million left. Very possible run ups will be dampened by offerings short term
submitted by /u/Drdr1llnf1ll to r/GCTS
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