$Richtech Robotics (RR.US)$ Does anyone have experience rega...

RiskGame : No use at this time.  The company should be getting a warning notice from Nasdaq anytime now.

wwwarrior RiskGame : No kidding. This thing has been bleeding since late August, frigging endless selling

Scoreville OP wwwarrior : I know, sellers have control.  So frustrating

RiskGame : Why are people still holding on when they know there is a good chance of reverse stock split or delisting?

Scoreville OP RiskGame : RS not the end of the world and in some cases a good thing, as mutual funds, and other big investors have limits of how cheap-per share they can buy at.  There’s a whole bunch of reasons why a RS can be beneficial, look up on investopedia.  I’m not saying they apply here, but should be considered.

Delisting has many hoops to go through, and gives a company time to take action to resolve the issue.  I’m not worried about that at this point.

Why people are not selling is they are bag holders,  that believe in the company and hopefully only invested what they are willing to lose.

When a startup, company with low volume trading is still in very early stages of growing, it is an easy lucrative target for short trading.  The downward pressure instills fear and uncertainty to those that hold a position.  Shorter’s will exacerbate this with posts on here and other social media platforms about how the stock sucks, or spread misinformation about how the company is spiraling towards disaster.  All of These tactics can cause those that are invested to sell, often at a loss, which plays into the hand of the shorters by causing more downward pressure of the stock price, and basically causes a chain reaction, creating more and more fear amongst those investing.

It’s the opposite of a short squeeze, and not to be underestimated.

That’s why you will see people post “do not sell” when a stock is known to be shorted as it plays right into their shorters hand.

This is why I’m not letting go of my position with RR, and I’m prepared to lose what I invested.  I also invested with the long-term mindset.

In the stock market world things can change with the snap of a finger.

CounteReborn Scoreville OP : bro mind to share your position?

Scoreville OP CounteReborn : It’s not wise to share one’s position with a company on a public forum for all to see.  I always question the motives of the ones who ask.

CounteReborn Scoreville OP : my only motive is curiousity