Aug. 23 at 1:04 PM
$RITR RITR partnered with Cainiao Group to gain a share in the global smart storage market. This news came on August 3rd. Following this announcement, trading volume increased, reaching 400 million transactions last week, but experienced a slight rise and fall within the same day. Last Friday, the company announced a $ 3 million share buyback, which is a second significant catalyst. Finally, on September 1st, the company will vote on a 1/25 reverse stock split. This vote could be a third catalyst. This new partnership, the $ 3 million buyback, and the reverse stock split (to reduce the number of shares) could all be catalysts, but everyone is now truly expecting a significant increase. Because the company's stock has lost 98% of its value, everyone is left feeling victimized and exhausted. Whether a surge and a good rise is possible remains to be seen in the coming week.🚀🚀🚀🥹