$Richtech Robotics (RR.US)$ [Share Link: RR] maybe it's caus...
$Richtech Robotics (RR.US)$ RR maybe it's cause I'm new to the game but I dont understand how people are selling this low. I mean you would have had to bought in huge at the lowest low to make any kind of return on investment. Are people just taking losses to put the funds somewhere else? Someone please dumb it down for me.
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Scoreville : Here’s a screen snapshot of all the investor who own the float of this stock, showing the price paid and the concentration of shares bought at each price. Lots of Red, but notice the large concentration in the .55 -65 range. This is why it can’t get over that threshold. They reload when it goes lower and sell .10-.20 cents higher. Lots of people holding way above too.
To break this it needs a flood of more buyers than sellers, and until some good news or something to stimulate that happen it will just ride a little up and little down.
shane chapa OP : thank you!
shane chapa OP shane chapa OP : do you think the earnings report will be out this week?
EZ_money : I'm thinking it's a combination of shorts knocking this down and not enough bulls buying the ask price. or at least market price. I'm seeing a lot of underbidding from bulls that's helping keep the price down. we need more volume
shane chapa OP EZ_money : Definitely need volume...