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  6. Rito Group Corporation (GM) (RTTO)

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Rito Group Corporation (GM)

Rito Group Corporation (GM) (RTTO)

USOTC
1.01
0.00
(0.00%)
Closed June 20 4:00PM
Delayed by 15 minutes

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RTTO News

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RTTO Discussion

View Posts
Renee Renee 2 years ago
RTTO: inactive security. FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions
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adijas adijas 6 years ago
Most of the times I delete it from my WL after I sold. Don't want to see it going up, lol
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Churak Churak 6 years ago
I went to check the shtpile and apparently I sold it as well...lol...but I have it on a watch list and check filings.
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adijas adijas 6 years ago
Sold some time ago. Tired of waiting. Probably too early
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Churak Churak 6 years ago
ask now 9.00 lol...I see their PP shares are now $2.00 per the last 8K instead of $1.50...that's all I got
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adijas adijas 7 years ago
Ask back at 2.1
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adijas adijas 7 years ago
So do I. But a lot of people don't, maybe they don't know how or are too lazy. I'm always surprised how easy people buy crap stock and lose big money without doing any DD themselves. And afterwards they start whining because they are screwed.
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Big Brother Big Brother 7 years ago
Yep, exactly, it's something that I agonize over on every trade, even $500 or $1000 dollar investments.

Then I read posts like this, where this guy lost $89K in a promoted ticker that tanked, because someone from a boiler room called him and told him it was going to da moon...lol....and I think to myself WTF, are people really that stupid, not to conduct any actual DD on a $89K dollar investment...??

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133516171
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adijas adijas 7 years ago
Ask at 4.00
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adijas adijas 7 years ago
Thats the nature of penny playing: trying to find the balance between risk and reward.
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Big Brother Big Brother 7 years ago
Seems like most of the majority of time the trading starts at much higher prices then the private placements, or however much the seed investors paid. This one only started out .10 higher, so while it seems kind of pricey IMO, based on the share structure, DD, etc, it's actually not too bad at all. I'd say there is a strong possibility this could be a bag or two at least.. but.. could also be pretty illiquid too, hard to say that this point.
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adijas adijas 7 years ago
Yeah, I noticed that too, all the 8k's had $ 1.50. That's why I bought.
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Big Brother Big Brother 7 years ago
Was just looking into this a little more. It looks like a number of private placements were done @ $1.50, so considering that they started the trading @ $1.60, I don't think that's too bad at all, in fact there is prob a really good chance this is going quite a bit higher IMO.
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Big Brother Big Brother 7 years ago
Still just watching right now, got a couple potentially really good tickers on my watchlist, that could start trading any day, so got to maintain plenty of dry powder.....however, if we start seeing some big bids or buys here I might grab a few.
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adijas adijas 7 years ago
Got a few
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Big Brother Big Brother 7 years ago
First shares available on the ask of this new trading Chinese ticker.
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