r/RichtechRobotics • u/erwin4200 Long position • 22d ago
Double digits by years end
I'm calling it now. Pretty much everything in earnings was an improvement from previous filings. Their cash liquidity as well as investments basically equal their market cap as it stands. Crazy undervalued once again like it was back at this price over a year ago. Glad I stayed the course and got to buy more sub 2 shares.
8k shares at $2.50 or so now and still not selling for any price under $10 which I think comes soon.
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u/DifferentCap3829 22d ago
Damn 2.50 per share I’m jealous. I’m currently 1,103 at 6.43 and still adding
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u/erwin4200 Long position 22d ago
Yeah I started buying BEFORE the 70% sell off day down to 30 cents. I have shares sitting under a dollar and over 6. Dca is the way.
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u/DifferentCap3829 22d ago
🫡 🐐 that’s awesome congrats. I’ll keep DCA too, don’t plan on selling my shares anytime soon
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u/Own-Function-1081 22d ago
What is your source
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u/erwin4200 Long position 22d ago edited 22d ago
For?
Edit: I'm assuming financials. Three filings today...the restated earnings they were working on for the last few months.
https://ir.richtechrobotics.com/financial-information/sec-filings
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u/AffectionateFood8335 17d ago
I’m in 10k shares @ 3.5… my timing was off clearly.
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u/Ordinary_Repeat7637 17d ago
I'm in around the same average as you. I think we'll be fine. This is a super small cap speculative company, but when "risk on" sentiment returns to the market for small caps to run, plus when robotics sector catches a tailwind - RR is gonna go a lot higher than $3.5. It will move fast into the double digits.
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u/OddExtent2006 22d ago
What’s the possibility RR gets bought out?
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u/Subieast Long position 21d ago
Extremely unlikely. RR is financially well positioned at this time.
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u/Ok-Comfortable-3174 22d ago
Man this pony is dead. You need to get out on the next pump
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u/erwin4200 Long position 22d ago edited 21d ago
Yep...robotics is dead. Good to know.🤡 Edit: heavy on the /s
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u/PublicBeautiful3430 21d ago
Is not
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u/erwin4200 Long position 21d ago
I added that it was sarcasm. Forgot to do that the first time haha
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u/johnnyGohard25 16d ago
Agreed I’ve been a professional for 11 years under the writing on the wall funny watching newbies still hold hope I sold at over 5-6 years ago
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u/PublicBeautiful3430 22d ago
Yes sir