There is no doubt that financial twitter has played a role in the liquidity and promotion of penny stocks and micro cap companies and this week is no exception. At the top of many mentions on Twitter is MineralRite Corporation. With a hint of meme stock attached, the $RITE cashtag is being used to talk about how the OTC may see another runner.
$RITE This is catching momo like it wants to become our next big #OTC community push. Tons of eyes on it. Hopefully @Mineralrite is paying attention and intending to capitalize on this momentum. Team is solid. DD looks great. Potential is there for a big penny runner. pic.twitter.com/600qjsbzIt
— slfairless (@slfairless) November 20, 2022
$RITE was low volume Friday as it consolidates for the next leg up. Patiently waiting for @Mineralrite to announce their strategic partnership with a major O&G company and major downstream acquisition. The team they have compiled thus far is looking just rite for the job to me.🛢️ https://t.co/DrckargzWo pic.twitter.com/GbWvPStWUB
— TIGRESS🐯 (@og_tigress) November 20, 2022
MineralRite Corporation (otc: rite) is a Dallas, Texas based development stage company in the process of completing several mineral acquisitions. As of close of the market Friday the company’s trading price was down 6.25% from the previous trading day. The company’s market cap was $6,535,982 with 4,346,783,061 shares in the float according to OTCMarkets.com
