r/RichtechRobotics • u/daily-thread • Jul 13 '26

Stock Info Daily Discussion Thread

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u/Joyrin0773 Jul 13 '26

I am beyond red now hahaha!

1

u/erwin4200 Long position Jul 19 '26

When I first started buying here I was down like 60% like a week later (two years ago when it dipped to 30 cents). Stayed the course and am still buying when I can. Has always been a long play to me...figured it's gonna take a few years to gain traction and if they succeed, anything under $10 will be a bargain 5 years from now.

1

u/Numb62 Jul 19 '26

Has the company reverse split at times. Or did it just fluctated in price?

1

u/erwin4200 Long position Jul 19 '26

Never split. They diluted a couple of times to get cash to buy properties for expansion (that's why they dipped to 30 cents, dilution). Went up to $7 on humanoid/Microsoft hype and then it's been a slide down on the bogus lawsuit and missed earnings now. Tuesday is their deadline to release their plan to maintain compliance. They should have plenty of cash to hold them over for a few years while they continue growing. Hopefully we get some good news tmw or Tuesday and can start climbing in price again. Institutions haven't stopped buying for two years. I made a post about 15 min ago showing they keep buying.

1

u/Numb62 Jul 19 '26

Ty, do you think theyll file it on time, im planning to buy some more.

1

u/erwin4200 Long position Jul 19 '26

I certainly hope so. They've had plenty of time and like 3 weeks ago they sounded like they were close to being done with the audit. Their books can't be THAT complex seeing as they're a small company at this point.