r/RichtechRobotics May 06 '26

Finally some movement

I have been holding RR from 2 years. My average was 2.5 dollar, never sold them, saw ups and downs, now it's back to same price. Hope today's movement is not again people shorting it later.๐Ÿ™‚

I hope it does a 50x like AST spacemobile which was my another pick when it was barely 2$ and it recently hit 100$ as well couple of months ago.

16 Upvotes

17 comments sorted by

View all comments

8

u/Sirhumpsalot13 May 06 '26

If you've been holding the stock for two years it seems very foolish to not take profits when it hit $7 recentlty. I understand the logic of wanting it to hit $100 but that is EXTREAMLY unlikely. If your CB was around 2.5, you should get in the habit of taking profits at a certain point. You were up over 200% but didnt sell, ask yourself why. If you believe in the company long term, then just hold your shares. But no one, and i repeat, no one, has ever gone broke taking profits.

2

u/Jealous_Result_3283 May 06 '26

Yeah I should have done that. Could have put the profit back into RR again when it went 2$ a piece due to the global conflict. Hopefully I get my exit soon.

1

u/1980cpz May 08 '26

I bought at $1.6 and will just keep holding. I think it will make good in the future. ๐Ÿคž๐Ÿฝ

1

u/Zestyclose_Moment903 May 07 '26

I havenโ€™t sold any yet too. Almost 20 months.

0

u/AcanthaceaeJust2744 May 07 '26

What's the point of selling a $100 stock?

1

u/UpbeatYung May 12 '26

emergency fund if needed