Up 1,280% on RYCEY since 2021. Not selling!

u/Jae_Jae_Jae_Jae · Reddit — r/wallstreetbets · June 30, 2026 at 20:22 · ⬆ 46 pts · 💬 50 comments  | View on Reddit ↗
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Original Reddit post

Author is up 1,280% on RYCEY since 2021, credits new CEO with saving the company from bankruptcy, and is holding with wishful price targets through 2030.

RYCEY — LONG The author bought RYCEY in 2021 at $1.39 and is holding, citing the new CEO for saving the company from bankruptcy. The investment mechanism is a turnaround story driven by management change, with the author projecting prices rising to $30 by 2030. The main risk is that the projections are explicitly described as wishful thinking, and the stock could fail to sustain its recovery.

Bought 100 shares back in 2021, I would’ve bought more but I was strapped for money. From $1.39 to $19.25 in 5 years. 1,285% increase! The new CEO really saved this company from bankruptcy.

Score 46
Comments 50
Upvote % 78%
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u/Jae_Jae_Jae_Jae Reddit r/wallstreetbets
RYCEY long on CEO turnaround, holding since 2021
The author bought RYCEY in 2021 at $1.39 and is holding, citing the new CEO for saving the company from bankruptcy. The investment mechanism is a turnaround story driven by management change, with the author projecting prices rising to $30 by 2030. The main risk is that the projections are explicitly described as wishful thinking, and the stock could fail to sustain its recovery.
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This Reddit post, published June 30, 2026, features u/Jae_Jae_Jae_Jae discussing RYCEY. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Jae_Jae_Jae_Jae  · Tickers: RYCEY