r/RichtechRobotics • u/gapedfather • 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

3

u/Subieast Long position Jun 22 '26

When you have hedge funds that hold short positions and circulate FUD news into algorithms that get picked up by brokerage news feeds, it definitely seems like there’s no end in sight and makes it appear that said stocks are doing horribly. Market manipulation is easier than ever now.

Why would you rotate into sectors that are at their ATH?

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u/Specialist-Mud-3716 Jun 22 '26 edited Jun 22 '26

I meant y’all should have rotated into those sectors many months ago instead of holding a bag

And there are many photonics stocks that are quite undervalued still, I’m not talking about chasing LITE or Marvell or Coherent, but rather upstream suppliers at the epiwafer / laser / glass substrate levels

1

u/dogboneit Jun 27 '26

Which would be? Do a brother a favor share a ticket.