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Re: JusticeWillWin post# 742023

Thursday, 04/24/2025 3:04:52 PM

Thursday, April 24, 2025 3:04:52 PM

Post# of 749756
Apparently, at that time, RKT was one of the stocks that benefited from pumping by WallStreetBets, leading to a temporary short squeeze. Also, they had announced a $1.11/share dividend a few weeks before. It had never been close to that price before and hasn't been since.

I think something in the $20 range is more realistic (even though that's still a hopeful speculation). Just getting back to $14 would be a big win.

Here's an article from that time:

https://marketrealist.com/p/is-rkt-stock-undervalued-good-buy-now/

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