Sep. 8 at 4:48 PM
$AIXI $RITR AIXI will have 131,000 shares after the split. RITR will have 2.5 million shares. With this number of shares, if RITR were to split at 0.07 cents, it would be
$1.75, and if it were to split at
$0.08, it would be
$2.00. This means it will fall back into the penny category by the end of the year. It might not even last until the end of the year, because it was
$7.68 a year ago and has come to this level. Now, under these conditions, is it logical to buy RITR? Absolutely not. It will be a plaything for those who hold short positions after the split. It's definitely a stock you shouldn't hold after the split. As for AIXI, it looks a little better. Because there's a catalyst for the Chinese Supreme Court decision at the end of the year. Also, the number of shares is too small for those in short positions to buy. You decide, but under these conditions, definitely AIXI. Especially if RITR executives announce a reverse split in the afternoon, watch the fun begin. It would be a come
