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Absolutely not! Mr Massey should stay in the Captain's chair for the foreseeable future. It is with his convincing that the recent acquisitions jumped on board. He did the hiring and placing of the recent personnel placements. The companies and people are both familiar with, and we hope, loyal, to him. No, no, now is not the time at all for him to leave.
I don't know if any of you follow OEG. Great news released this morning for them, and its the kind of pop people dream about. One day this could be SIRC. Though I'm just as happy with slow steady growth. Likelihood is that OEG will continue to grow beyond this spike today. Just the jump start. Now wouldn't that be nice for SIRC. I still don't think it, SIRC, will be taken seriously until we get out of the pink!
Nice one Mercuto. Putting that "#4 info" from today's article. It was rather complimentary. Added to the (almost) insider info from the ST post, things are coming to a head at the end of the month. Like others, I'm giving them till mid June, before I would say being misled. And I like the idea of them finally saying they need to now work on fundamentals in the format they are, no more acquisitions after this flurry.
thanks for doing that. As others said, looks good. And its a great overview for us all, not just beginners.
Copied the NASDAQ, closed practically back to the start. Down 1c.
I don't believe they gave an opinion on that, it was more about market share and potential growth. 4 companies were profiled.
Today Ford unveils the all electric 150 Truck.
I don't know if any of you are watching Bitcoin. I almost bought one a few months ago. It was at $21K. Last week or so, it capped at $64K. Since, it has collapsed one third to $41K. It trades 24/7 so you need a strong stomach. I think a lot of speculative money went that way. If it continues to drop, we may benefit by getting some (shorthaired) players back again. CNBC had a spot today, late morning, on EV companies. The competition is by no means sparse, or pushovers. Hopefully Mr. Massey can learn from their mistakes. To paraphrase Warren Buffet, America used to have over 200 car companies when the technology first went on the market.
Thanks for continuing to share this. It mimics mine. Only mine's worse! LOL
I did notice that word "accretion" at the bottom of the statement. That is how they intend/want/hope to pay for it. It can work, it has worked for others, its not without risk, but hey, we all know that! As the purchase drives the stock up, the cost becomes less.
Just logged on for first time today. Thanks for spreading the word and giving me (others) all that great background on the news. Bullish!
Well, we all know what he said. 4 acquistions and an upgrade by the end of May. I'd even allow mid June for the rest if we had a couple by the EOM.
Sobering numbers this morning. CNBC officially calling it a sell -off. This could last a number of days. Yesterday I said SIRC wouldn't go under .50c to AOR. I was wrong, he was right. In my defense, I was not judging the market, just the stock. The market rules. We have a good future, but not right away.
Impressive. I can match you with SIRC, SUNW, ISUN, OEG. I also have TAN, which covers many of your NASDAQ bigger names in Solar. My regret is not having purchased into SEDG about 5 years ago. I was aware of them and didn't. I shall read what you share of the package's growth.
You rather passively think it will 'probably' be below 50c this week. I think you are 'probably' wrong. You sure hedge your bets. Maybe explains why you don't own the stock, probably.
Yea, I know. Its worrying. Mr. Massey has now committed to four (4!) more acquisitions and an upgrade within that time frame. If they don't do it, there could be a backlash. If he hadn't announced it, and they did 2 takeovers before June 1, we would all be pleased. Now, we would say he has shorted us. That they missed their own suspense. Was he hoping for a SP increase on his announcements? Well that didn't happen, at least not today. The company really needs to follow through on this now.
You know I remember AllInn from other boards too. Particularly on SUNW. Though his verbiage is, shall I say, uncouth, he is actually particularly not bad at calling turnarounds. (He does that by changing his opinion from North to South, sell to buy, black to white) on a dime. I interpret his input that way.
Yep. You may be right. Risk wanders around wearing a variety of masks.
Seriously, your second paragraph is just plain wrong. You can't just re-define the English language or fiduciary practice! Realized losses are NOT the same as unrealized loss. That's why we use qualifications on the word. The IRS allows you to deduct losses on stock if you sell for less than you paid, but not reduction of value of stocks after you have purchased them and continue to hold. 2 different animals.
I do see that your idea of 'holding' is different than mine. I'll be holding SIRC for some time. A year doesn't phase me. 2 years is a consideration, these decisions will be made as time goes on. But I know that going in. When the price spiked 90 odd days ago, I had purchased on the way up (under a dollar) but I didn't really consider selling. If it had gone much higher I might have, but that didn't happen. I'm looking for a generous return over the long term. Not a smaller short term percentage that gets assaulted with that higher tax grab.
Yes, but the phrase "If you don't sell, you don't lose" is still a good caution to remind people not to hastily sell when a stock goes down. We all know that complete zero can come, (there is plenty of warning) but sometimes a company can struggle and take a couple of years, or even more, to come back. New management, new approach, new times, new product. These things can happen. When FB went public, it IPO'd at $38. It was a disaster initially. Dropped down to the teens. I sold it then at a loss. If I had just kept it, well you know how that ended!
I think four more acquistions in a month that only has 3 weeks left in it, is very ambitious. Very. Almost worryingly. But putting that aside, it seems to me that having the SP stay flat for this period would help in the negotiations and price decisions. They will use shares. And shares that are about to grow are more attractive than shares that just spiked or raised. Still bullish, I increased by 60% this morning, I just hope they can stay on top of this growing empire. And, my biggest agenda, get out of the damn pinks.
Thanx, I'll look into that!
Its infuriating. An on-line transfer direct from bank to broker of normal funds, takes the broker 3 days pending to sort it out. This is so bogus. Hence no purchases for me today. I'll be lucky to have it rendered by Friday at which point, who knows what the SP will be. Grrrrr.
There are many reasons why you might not be seeing the kind of corporate hub you were hoping for. In the past, when SUNW was still growing (and in an acquisition stage similar to SIRC now), the HQ was a couple hundred miles from the operational work-a-day keep your tools warehouse. Its a fair question, but I see you setting yourself up for more anxiety. Personally, I don't believe SIRC is a sham or scam. That doesn't mean it won't go belly up. This is a risk. The potential for profit is there, at some point you just have to let the management do their thing, and either benefit or not.
I agree with the other response. If you need to know that, ask the company investor relation dept. I don't think they'll tell you. That is info that could be used against them. I don't think they should release it myself either, as, I'm sure its a very low ratio for Cornerstone. They are in western South Carolina and up to Ashville, NC, in the Smokies. Solar struggles to be relevant in these areas.
I don't understand why you would post that a week after the fact. This late its rather vague and not directed at anyone in particular. You can complain to the admin of IHUB, for other issues I have found them to be very responsive.
I think the board could use pros and cons about this stock. Its been very one sided overall. Press on.
That depends on the fund managers and the goals of the fund. The larger and more reputable funds would not even consider a pink sheet or, generally anything under $5. Smaller funds, more eager, might be less risk averse. But never forget OTC, the whole market, is out there in risk land with less SEC scrutiny, limited reporting, and a history of start ups collapsing.
Most of the mainstream major players on the investment side, will not touch a stock unless its $5 or over. And not on OTC. Their investors would freak out.
For those that couldn't open it, H. Ballew's input also is posted on the FB SIRC group page.
Fine, then they should tell us what the plan is and the time achieved goal. Pink is the biggest handicap in so many ways right now.
I do think the focus of the company needs to be fine tuned. First focus on day to day production. SEcondly, get out of pink. Forget Bitcoin. Forget further acquistions.
Not totally, but as those companies gather experience, size, and reputation , it will be harder for SIRC to break in. In stead of farting around with ponzi money schemes, they need to GET OUT OF PINK!
Here's some. My own list.
VVPR, RNWF, RUN, AZRE, SPWR, SEDG, FSLR, ENPH, JKS, CSIQ, SUNW, ISUN, SOL, SPI, and if you have a strong stomach BSRC!
Also good to watch is TAN, a solar ETF. Includes CSIQ, SEDG, and others.
What happened to 'wait a year or more'? It seems a lot of the chatter here said that, but then demands immediate share price growth. The $3 was clearly a fluke, possible part of a larger over estimation of solar at Biden's inauguration. EG, SUNW went to $27, now ten. Check out the others.
I live on the edge of the Cornerstone area. Appalachia. Its great, I love it, but I assure you Solar paneled domestic roofs are an oddity here. Don't be surprised that local roofers have no experience with Solar. While Hunter corrals a bunch of local roofers to be a part of this greater entity, they can't make the market. Nobody has solar here, that will take time and marketing and pricing. Just last year, a solar company started in Chattanooga, but there is very little advertising or knowlege of it north of that city. This area has some of the cheapest electric power nationally anyway due to TVA hydro power, and will be one of the last areas of the country to go solar.
Is this 'to go'? Or do we need to account for a tip. Plus state sales taxes will vary. I think $1.98 would be a good price if its the total. SIRC should be $1.98, plus tip, plus taxes. LOL
Just for the record, I have doubled my position twice. I first bought on the way up to the high in Jan/Feb. Again when it hit the price on the way down that I bought at. And yesterday again, and we know how that goes! So I'm in the 'late comer club' compared to the 'penny pinchers'. I believe this stock will make me some money. I don't like paying the higher tax rate, so I'll be waiting at least a year from my purchases. I'll make money, I have full confidence. There has been a lot of pipe dreaming on this platform, that can entice and mislead.
You are not going to get squeezed for '22 taxes for quite some time. Take it easy and try not to watch the stock as much. Nobody KNOWS what this will do, its all educated guesses, hunches, and reading tealeaves. I'm a beiever in my making some money. Not millions. This Massey guy seems like a hard worker, give him a year to make this work. You are focusing way too much on the daily price. Hope that helps.
You only get de listed if it goes below one dollar. That process takes some time. FYI
The greatest likelihood is that there will be a stock split before going to the DAQ. I base that statement on others going up. If its at $5 a share when they announce, it will all depend on the other numbers, cash on hand, OS shares, recent stability etc. If they get approval without, so be it.
A little perspective if you needed any. 500,000 EV charging stations by eoy 2030. 495,000 divided by ten years equals 49,500 per year. Actually its already only 9 and 3 quarter years, the clock is ticking. I deducted the 5,000 fast chargers already in situ. That's a lot to build given the lack of interest, need, demand, and tech so far. And not much happening at the moment really. So pace will have to quicken starting next year. In just nine months. Very ambitious. Fingers crossed. Personally I think the future will be in home/garage chargers with 3 to 4 hundred mile ranges, maybe with solar panels augmenting the home. Long distance trips could still be done with gas initially.
Seriously, you can't compare TESLA at $225 or thereabouts to SIRC today. They are just in a different category altogether. As the Brits would say, its chalk and cheese.