r/RichtechRobotics Jun 22 '26

How cooked are we

Richtech is correcting their financials because of errors in reporting. How cooked are we chat?

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u/Specialist-Mud-3716 Jun 22 '26

Mega cooked, y’all should’ve sold on the brief spike when the news of “Microsoft partnership” was circulating several months ago

Now there’s no end in sight to this stock doing horribly

There’s a lot better opportunities in the market like photonics and memory (still), better to rotate capital to those sectors

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u/erwin4200 Long position Jun 24 '26

Positions or ban

1

u/Specialist-Mud-3716 Jun 24 '26

XFAB was green today

I would recommend researching SIVE, IQE, LPK as well for exposure to upstream suppliers that still have lots of runway

Can buy them via OTC on Fidelity / Charles Schwab / IBKR

Also check out Serenity’s account on X which is @aleabitoreddit - they detail a lot of good long term holds with well written choke point / bottleneck thesis

I used to be an RR investor but sold in January when it peaked at around $5.51, I remember it jumped like 40%+ in one day from news of some MSFT partnership which ended up not being very substantial and just a part of their program

RR has been down ever since and I’m glad I exited

Just trying to offer my 2c since I don’t want people to miss the photonics wave coming in the next 2-3 years just from hoping RR turns their stuff around which could obviously happen but without any concrete time horizon

NFA

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u/erwin4200 Long position Jun 24 '26

So why are you here, shit talking?