$RAY has received 7 mentions over the past 12 months from 2 distinct FinTwit voices, with the first mention appearing on 2025-07-22. The most-active voice discussing the stock is @stockjabber (Edwin Dorsey), who accounts for 6 of the 7 mentions and focuses on long research. The second voice is @microcapclub (MicroCapClub) with 1 mention. Discussion of $RAY intensified in late August 2025, with the most recent mentions occurring on 2025-08-28.

The narrative surrounding $RAY centers on allegations of stock manipulation. @stockjabber documented claims that overseas manipulation groups had promoted false statements about Blackstone investment involvement, with the stock declining approximately 60% on 2025-08-27 and subsequently falling around 74% by 2025-08-28. @stockjabber solicited victim reports and detailed the manipulation tactics in published research, noting the stock was heading lower following the collapse of the false investment narrative.