Sarcos Technology and Robotics Corp (STRC)

[maverick one]

Signs of underlying weakness- Now it’s hitting ranges of $1.19 - $1.25....if they don’t turn the ship around very very soon . I can see this trading under a dollar for a length of time - if it does it will trigger another Nasdaq delisting notice - catastrophic and what WILL they do? OF COURSE WHAT ELSE !!! What another RS to boost it over a dollar?

Naw I’ll pass - not until see I see exo suits sold and booked. This AI alleged biz- they just started will be the only thing that might boost or save their company for now - bc if their relying on exo suits without sales - that’s not going to occur right away.

I’m highly disappointed to date since I first became aware of Sarcos filing for a SPAC. They really need to get those suits fine tuned, into production and SOLD.

Enough of the malarkey. However I am a fan of the company and it’s potential - I want them to succeed and pulling for them - I do want to buy and long term hold - but there is weakness in PPS even though it swung to upside recently.

I don’t want to lose any money or shares through a potential new RS if the weakness continues and slides and stays below a dollar again. I could see or imagine their institutional investors likely are looking at them going- hey what’s up?