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Love the way you are staying on that MIC.
I have no worries of dilution unless they over-extend in acquisitions. Balance will be key. I don’t believe they conducted reverse splits historically and retired 40 million shares in 12 months just to flip the script.
I say they are in a quiet period. That was my read anyway. Lot to do.
Indeed, fundamentals have not changed, long term outlook and potential has not changed...buying any dip.
I also added 50k today thanks to a 15% gain on AR over the last week.
1.105 million total
You are starting to sound like ...What’s that dude, Hexagon?
Lol, yep
This is fairly standard, besides, if they are in an uplisting process, they need to be careful how/what they communicate.
Someone wanted to pay off their M3?
Who is Paul?
Jinko solar hit all time high today.
Canadian solar hit 52 week high.
Now you’re letting me down with that.064
Good morning SIRC....nice to see that .066 ask move up.
Here is to a solid week!
I am certainly chillaxin ....At current valuation, this is not a trading stock ...any risk you take getting out in hopes of getting back in could make you look very foolish at any time.
They have retired 40 million shares in 13 months...
Trying to uplist, so share value is important!
Good for the day quotes cancelled. Good to cancel quotes stay on board. Looks like .073 is the first long-term order available.
Yes and no, market cap is around 9 million counting restricted shares...
However, at a 20 million revenue rate....to your point, it is still less than half of revenue annually.
RENCO....I’m not sure I understand the point of this post? Are you suggesting a company they should buy? Is there a news piece that I missed?
Seems to sum it up well, everyone should sell at market until it is zero. At least you could have the satisfaction of shutting it down.
Can’t even trade it at Ally invest brokerage any more.
Don’t believe that is relevant to long term value of the stock, just attracts day-traders who end up manipulating prices.
Thanks!
Can you explain this “Slapping” phenomenon? Educate me on that to which you speak ??.
I don’t disagree, it’s got to take hold at some point. Stockholders refusing to sell cheap will eventually have affect. Anyone selling under $.20 right now are just giving money away. My opinion as well (kinda) ...Reality is the market cap of $.20 a share is completely justified fundamentally if their quarterly report matches their boasting.
Sellers are weak today, ask already down to .062 from premarket .076.
Hold your cards folks, buyers will fold eventually...
I saw that and agree, 12 million loss? Are they standing on street corners handing out cash bundles?
Good morning SIRC.....06-.076 is looking nice right now...
Exactly, so why can’t anyone here have an adult conversation? Obviously Dr. X has a positive future viewpoint, from the numbers the debt is certainly a problem but the revenue growth is certainly encouraging ...so back to my original question, where is the future value coming in for this company that will offset the current debt load that is 4 x revenue at least?
Hexen, it actually dropped to .016, my initial purchase was .023.
The company got itself in trouble with reporting and lacked momentum.
They got the CE removed in July and are working hard at putting past behind and uplisting.
Typical over-excitement prematurely, followed by long duration sell-off until oversold.
Join us for the ride, ....
The way Hexen talks, he is neither a trader or investor, he is a wave junky...goes straight to the BOB every day and tries to catch a ride up, in/out in minutes or hours... Got stuck on SIRC island and doesn’t have a better move to cut his 8% loss and move on.
Can’t he be blocked from the forum?
He/she? obviously doesn’t get it.
It would be one thing if he was offering substance...
Just whining and cussing and degrading.
Good for now.
No, I want the Long’s opinion and outlook. I already know what I know.
It only benefits the Longs to recruit other Longs to buy and lock-up float.
So, why should I lock up float here?
@DoctorX, new here... what is your analysis of the company potential?
I agree with your comments in general, lot of high-school comments in here.
Back to business...I notice they are at a 5 M cap....not bad.
But, only 1.4 M Revenue in 19’ (granted, huge growth from 18’’)
Huge improvement in debt incurred YOY, but still under water...
What is the projected revenue for 2020?
Yes, constructively “Adult” active. Some of the boards on IH are like being in a high school locker room.
Nice having like-minded adults, who know what we have, without blindly ignoring risks.
Ask/Bid above yesterday’s close, good start.
Time to restart slow solid climb.
I added 50k today at .058, 1,055,100 new total.
I am a supporter of the NEW RAD, but hiring an investor relations person from a BK JCPenney and video games seems like an underwhelming move...especially being it is an increase in overhead positions.
Mr. Muse, excellent and appreciated detail. Sorry for the short quip, but my assessment is and has been nearly identical to yours. I would only add, my assessment stretched to 6x, giving credit to it being a growth-oriented stock. For instance, Tesla is at 17 currently, which is way overdone, but displays greater potential than 4 in an over-priced market.
Revenue and profitability get published and displayed as promised/advertised, I think you are 10-20% conservative once mainstream gets a hold of it. Wildcard being continued up-list pursuit.
Initially to .08 maybe...
.06’s should be new floor.
If the traders got caught and unload today, so be it, it will rebound back into the .06’s quickly.
Still at 100-200% discount to conservative fair value.
Laughable...this would be $2.00 if overvalued Equally like most of these penny stocks with hardly any revenue.
Earnings report would be my best guess.
Maybe up-listing update, but probably too early.
There is a fire near San Diego, but doubt they alter the course of this business anytime soon.
Vast majority are in all of the state parks....We only see the worst and hear about the worst in the media.
CA always has a fire somewhere.