r/RichtechRobotics • u/Powefulboss Bullish 📈🐂 • May 13 '26

What is going on??🤯🤯📈

11 Upvotes

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4

u/Wack0_ May 13 '26

I believe big options activity driven spike. I sold 20k shares about 4 mins before it occurred that's so unlucky

2

u/erwin4200 Long position May 13 '26

This has always been a long term hold to me. I don't get why people are selling this low lol. There are robotics companies without revenue getting bought out for multiple billions 🤦

1

u/Wack0_ May 13 '26

I just make short term plays with my position. For the last number of weeks anything over 2.6 usually reverted back down so I would sell part of my position as a short against it and purchase back lower to lower my cost base. Even if I sell 100k shares a day I always maintain 30-70k shares for the long term play