Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

$Richtech Robotics (RR.US)$ Obviously they are planning to d...

$Richtech Robotics (RR.US)$ Obviously they are planning to do a reverse split, so there is no need to push up the stock price, why waste capital. With a total of 95 million shares, let it drop to 0.3-0.5 and then do a reverse split of 1-10 or 1-20, as unscrupulous small cap stocks often do, just get used to it.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
3
See Original
Report
8256 Views
Comment
Sign in to post a comment
  • 甘妮纳 : You have increased my knowledge.

  • JiuShini OP : Although it is likely to be a common phenomenon, there are exceptions. There is still a small probability that a company, with rare integrity, chooses to boost the stock price without merging, or before merging, makes a final attempt to attract investors. In any case, I wish everyone good luck.

  • TechWhiz : Agreed. RS is inevitable.  Don't think they will ramp it up or let it delist.

    But RS has its risks too.  If company doesn't perform, more room fir shortists to attack. if they perform, then good

72Followers
0Following
552Visitors
Follow