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$Richtech Robotics (RR.US)$ Something interesting to note, g...
$Richtech Robotics (RR.US)$ Something interesting to note, go to market position “snap shot” screen for RR, see screen shot below. At bottom of screen is a date button you can slide left to see share positions at respective prices for each day in the past. All the red are the bag holders, the ones that hold shares bought above the closing price for the date the slider is set to. Because the share price changes daily you will observe the bars turn red or green with each days price action. As I move the date slider all the way left and then slowly to the right i am watching the red to see if the lines shorten (from right to left) indicating bag holders selling their positions at a loss, that would feed into this downward pressure we are currently experiencing. However i am not seeing this, people with shares in the red at all the various price levels are static (not selling). So all of the buying and selling is being done by shorts and scalpers in the green zone. they are making money on the 3-10 cent price swings we’ve seen. im optimistic that this will change in the future, i believe there’s a big market for all robotic companies, especially those that can find their niche market. Only invest what you can stand to lose, weight your risk / reward carefully.
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NumberOne : Thanks for sharing. It means a lot
Just don't understand people that already cut loss and said RR getting delisted. Why still come back and said alot of things. So annoying
EZ_money : let's go pick up some RR family then
Scoreville OP NumberOne : When I see those posts I question what they are really up to and why they come back to taunt us…
You can always block them, and never see their annoying posts.
RiskGame NumberOne : I think I am one of them. No bad intentions. Just sharing info & experience.
Was in a similar case of a sub dollar AI stock with good potential and product. But price stayed below usd1 and they got warning and now delisted.
I held on and price plunged 99%.
Not trying to scare anyone. If you believe in the company then just hold on but be prepared for what's coming.
Hopefully they do a RS and keep growing their biz. If they do , I will be back.
I know people don't like to hear the other bearish side. I was one of you n learned a hard lesson.
in the end, it is up to you to decide. no right or wrong. you may be right, who knows?
Good luck.
Salmon Klein Scoreville OP : penny stocks are always at risk of getting delisted. this one is dropping because the company is diluting until Decemeber of this year. after that I hope this starts running up again. this company is decent and have sells etc, so i have some shares bought at 1 dollar and considering to keep them...IF IF in 10 years robots are improved and loaded with an AI brain....this company may be the one making us rich hehehe
EZ_money Salmon Klein : the robotic arm drink server has Nvidia A.I. chip
far cry from actual artificial humanoid but....not sure if that's the route we should be taking though it seems because there is really no real regulation or overview committee putting any kind of protective restrictions on A.I. we're not far off from every household that can afford to buy one will have one when they are ready to deploy. Tesla robot is something else... kinda freaky hearing it speak.
Salmon Klein EZ_money : but having the chip is not being AI yet, I mean, you need an aquitecture behind to make it think, a brain, hehehe. but yeah, it is a step if something can handle a home task decently enough that people don't need to do it by themselves
Salmon Klein Salmon Klein : well I don't know...future is hard to tell, specially if we are biased with a lot of scifi movies hahaha that could bw so far or so close to reality...who knows...but if this company keeps doing well, definitely is something to invest for the long run...my humble opinion
EZ_money Salmon Klein : when has humans created something for the better of man kind that didn't have some type of drawback? Atomic energy comes to my mind. i understand it's not A.I. brain i have two computer science degrees so not s rookie on this subject. i can say this though.... it's going to be robots creating robots and doing majority of work for humans. if we make it that far.
Salmon Klein EZ_money : well... things happen for the goodness of a few no for the whole mankind indeed as you state. I really don't know where we are heading with this, but I find it very interesting. ChatGPT is an amazing thing. I use it almost everyday, still make mistakes, but I find it very useful as a tool. this is just the beginning of something, definitely big... but I'm not sure how it will end up... I can tell I will not see the end...hehehe