On your monthly chart, RITE almost traded 5 billion shares in one month. Great question: "Who was buying?"
There wasn’t enough selling volume to offset that buying.”
A monthly candle doesn’t hit 5 billion shares unless a massive buyer or group of buyers is stepping in. Retail simply cannot do that in a dead OTC ticker.
Normally, if 5 billion shares trade and it’s all selling pressure…price nukes. If it’s sloppy churn, price chops.BUT HERE…price absorbed it..held…then based.
That’s accumulation, not distribution.
This matters because OTC tickers don’t get that level of quiet, heavy buying unless someone sees long-term value or knows something is coming.
A buyer only behaves like that if they want control, want a position locked in before filings hit, want to vacuum up the float, or want to secure a lottery-ticket stake ahead of a future catalyst.
No matter which motive you choose, the conclusion is the same. It was intentional accumulation.