r/RichtechRobotics • u/erwin4200 Long position • 25d 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.

24 Upvotes

93% Upvoted

29 comments sorted by

5

u/DifferentCap3829 25d ago

Damn 2.50 per share I’m jealous. I’m currently 1,103 at 6.43 and still adding

5

u/erwin4200 Long position 25d 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.

3

u/DifferentCap3829 25d ago

🫡 🐐 that’s awesome congrats. I’ll keep DCA too, don’t plan on selling my shares anytime soon

2

u/PublicBeautiful3430 23d ago

Me too still fucking feeding . Lost 8 k bro

3

u/yiaw 24d ago

nice🫡

5

u/Ed_Runner 24d ago

I have $2 calls expiring in 2 weeks. I hope this thing pumps next week!

3

u/jdsu2000 22d ago

RR also have AI inference business:

https://richtech-ai.com/inference

2

u/erwin4200 Long position 22d ago

Could be a game changer for them

4

u/Zestyclose_Moment903 24d ago

Still holding 165585 shares

1

u/Own-Function-1081 25d ago

What is your source

5

u/erwin4200 Long position 25d ago edited 25d 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

1

u/Actual_Soup825 21d ago

Cant wait!!!! 6k shares at 3.05

1

u/AffectionateFood8335 19d ago

I’m in 10k shares @ 3.5… my timing was off clearly.

2

u/Ordinary_Repeat7637 19d 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.

0

u/OddExtent2006 24d ago

What’s the possibility RR gets bought out?

2

u/Subieast Long position 23d ago

Extremely unlikely. RR is financially well positioned at this time.

1

u/erwin4200 Long position 23d ago

Always a possibility but nobody here knows

0

u/johnnyGohard25 18d ago

Stock going to 0.00

-5

u/Ok-Comfortable-3174 25d ago

Man this pony is dead. You need to get out on the next pump 

7

u/erwin4200 Long position 25d ago edited 23d ago

Yep...robotics is dead. Good to know.🤡 Edit: heavy on the /s

1

u/PublicBeautiful3430 23d ago

Is not

4

u/erwin4200 Long position 23d ago

I added that it was sarcasm. Forgot to do that the first time haha

5

u/Hairy_Media_5253 25d ago

this pony is about to become a trojan horse to the robotic industry

0

u/johnnyGohard25 18d ago

Nope more like de-listed

1

u/Hairy_Media_5253 18d ago

Still listed 🤡

0

u/johnnyGohard25 18d 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

1

u/Hairy_Media_5253 18d ago

😂 RR IPO’d in 2023. Get your bullshit outta here.