Financial News

Jake Reynolds shared RITR

Reitar Logtech Holdings Ltd (RITR)

September 18 to September 24 presents repeated low-buy entry opportunities. As a small-cap stock experiencing active intraday high-frequency trading, purchases should be made daily using limit orders. Do not sell midway to avoid missing out on potential 30%+ returns. The target sell price is expected between $7.50 and $8.00 on October 10.

The company, listed on NASDAQ, provides logistics solutions, asset management, and construction management services. Recent company news includes divesting its automation division and exploring digital assets.

Reitar offers comprehensive “Property Logistics Technology” solutions, including construction management, engineering design, asset management, and consulting services.

Logistics automation spin-off: Reitar is spinning off its logistics automation division into an independent public company focused on smart warehousing and data-driven solutions.

Entry into cryptocurrency: Reitar announced plans to acquire up to $1.5 billion in Bitcoin, launch the Bitcoin-backed token “RBTC,” and apply for a stablecoin license in Hong Kong.

AI healthcare development: Reitar is pursuing acquisition plans to expand its AI healthcare initiatives.

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