- 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