The Feed / RGTI / #000548
SELL · RGTI

Sell RGTI by Jan 10, 2025.

V
value1024reddit
via r/wallstreetbets
· Published Jan 3, 2025 18:16 · Valid until Jan 10, 2025 · SUCCESS
Entry
$18.27
Final
$9.80 -46.4%
Target
Score
+1.00
Management diluted at $2 in late November. The market did not care, and pumped it to $20 for no reason other than mass mania/hysteria. Management will most likely dilute again, but not much above $2, unless it does an at-the-money death spiral offering which will cause the funding institution to short the stock. Speaking of management, a lot of them sold their stock as soon as it ran up in November, starting at $1.3 and with most sales completed under …
— ORIGINAL POST · RGTI management sold at $2 giving us the shortest short thesis you will ever read · r/wallstreetbets · Feb 5, 2025