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Rightstuff, That’s the risky part. And I have done worse holding too long and buying at the wrong time in the past. I’ve learned from many costly mistakes. And I started selling at .31 and rebuying dips and yes left a lot on the table. For me it’s something of an expensive game.
This board helped me a lot to know when to buy more. I sold small amounts first to see if it would correct. In total I pulled 350k out from this and other stocks from a starting point of $24k left in my account after the mistakes over 4 years.
I feel it was a blessing and a gift to help my family just to make up all my losses and an extra gift to have it go higher. And my mantra has been a bird in the hand is worth two in the bush. It helps me be happy with half of what is possible when I get more than I had.
Some might go all in at this price but I can not risk that. I started with 180,000 shares at a .045 average and grew that to 216k. Today I could buy 320,000 shares but I am only at 70k in this stock. I have 400k in FDBL which is at $3M market cap which is close to where sirc started. Not sure if it will run the same but it could get to .10 pretty easy from .0267 where it has been. I waited 2 years for SIRC to catch fire. And I might get to 100k shares and let it ride longer than last time we’ll see, but 100k in 1 stock in an account where I started with $53k to my name just makes me nervous no matter what.
It is easier to risk 1/5 of a portfolio but if you get it wrong 5 times, you’ll be out of the game. I like to risk 1/10 or 1/20 when possible. And grow as many as possible 400% and take profits at 200% which I have done about 5 times now with much smaller investment. I wish I was better at how much to risk on which ones and pulling out before it goes bad. So many traders will help pump to 100% and then dump it so a super duper run like this one is very rare. For us to see many run like this on no fundamentals is very rare and will crash at some point.
Always look for the crash on a super runner. Always base your buys on fundamentals that are current not future promises. This I bought almost all my shares when market cap was the same as quarterly revenue. Historical.
Promises get broken a lot in penny stocks. The fundamentals here are 4.3MM per quarter revenue until we see real reports showing real details about revenue, share structure, and debt.
Fundamentals always catch up with a stock. And a bad report can cause a big correction.
The price we are at today is high based on current fundamentals, but low if they pull off the vision with prudent investment decisions.
Totally understand the security part, and also agree that the buckboard and Lincoln board helped me hold much longer. I am much happier today because of all of you.
On the cornerstone video he mentioned they had a 100 order DAY after a storm. That was about 1M for 100 orders. For 1 day it takes time to schedule and complete those, imagine if they did heavy sales like that in every state. 12MM—15MM per company acquisition potential per large city. The potential is pretty huge. If they acquired 10 companies like that, it would generate 120MM to 150MM per year. I expect they can hit that in 2 years. 200MM revenue at a 4x multiple is $4 even if they dilute some shares to get there.
I mean that is just roofing companies not to mention the expansion with EV charging and battery backup systems.
If as a total company they could make 100 sales every day for 200 days a year, that becomes $200MM. That does not seem that impossible the more they grow.
Can you imagine what this could be in 5 years? It could be like buying Amazon at $100 8 years ago.
If I knew it would trade at even $4 by next year I would be doing exactly what I did and what I am doing. I sold at the peak and I am buying the dips. I am up to 70,000 shares now after being at a low of 15,000 after selling near the peak. It helped me have sanity to sell after the run expecting a correction. I started selling a little early but held a lot up close to the $3 mark.
I will make a lot less than if I held all 216000 shares, but I would have 98% of my portfolio in one stock. And nothing in cash, so I could not play any others while this grows.
While this is going up and down I have some wiggle room to buy a few others. And I have made about 25k from others which maintained my account balance when this lost the value it has. I am hoping this will go up from here.
I know this way is not for everyone and it is costly if I guess wrong.
If this stays under 1.50 until they uplist and if they can show quarterly growth it will be much higher by end of year. A 4x multiple which is conservative at $100MM revenue is $2 even if they diluted to 200MM shares. So buying anything under $1.50 makes a lot of sense.
It can’t stay at these prices very long.
Some brokers will not trade pink sheets but will trade the other levels, so more people can buy. Yes it is not the same as Nasdaq but it is better than pink sheets.
What will help the most is seeing $4MM per month revenue coming in. Sooner than later.
Good article rightstuff. It seems today was a lot of back and forth trying to shake the trees. I would buy 500 shares at 1.34 and then a sell order for 25000 shares at 1.34 would show up. I ignored it. The price moved down and I bought at 1.33 and 1.32 and 1.31 and my last order at 1.31 is waiting. I don’t think it will fill. Lots of small orders. Some only 50 shares I think.
I figured I can buy a lot of dips towards that bottom on slow days until they let it fly again after shaking the trees.
Yep, I remember. I had sold some at .31 and bought the dip at .16 I think that was my highest stock position at 216,000 shares. My lowest position after that was 15,000 and I am back up to 58,000. And I still have room for more if we get a crazy dip again. But hopefully it will just recover and grow from here. Great entry point though after the recent news.
That was kinda brutal to see it fall and I did not know if my orders would fill. I got about 18,000 more shares on that panic. At 1.17 and 1.18. I think many people saw that as an opportunity if they had any to buy with.
Welcome Hunter as an early supporter and promoter of $sirc on Twitter when it was $0.02 per share I’m pleased with the growth, and I am pleased with the latest acquisitions but this one and having you and your connections could change the game much sooner than I was expecting. I had planned to sell out completely at $1.25. Kept going and held more for the long-term than I expected. I won’t be become a millionaire with my initial $9,000 investment, but if this hits $10 with what I hold today, it will meet many of my short-term goals.
If I held all my shares, I would be a millionaire at $5 per share. But with penny stocks I could not justify holding 98% of my portfolio in one penny stock after being burned. It’s the cost of being conservative.
But I am personally very pleased so far and will love seeing this hit $10 before I retire. I’ll be holding about 30,000 shares until it hits $10. Which is significant for me. And if it dips significantly I wonder if Sirc will buy shares? And if not how much dilution may happen. 200MM shares and $10 per share is a $2B market cap. Which is a lot for even 200MM revenue per year. I think you could hit that in 3 years if growth continues.
Chill, So, mostly it’s about being more conservative to lose less. Because anything CAN happen. It’s not that I don’t believe but I am at a doctors appointment this morning and by the time I am home, this could be running...
But in any regard, I understand your perspective.
A few other reasons that I say what I do, We don’t know the terms, which can impact market cap, yes long term this looks like a good buy at $3 even as NASDAQ will likely bring more investors. But at 20MM revenue and missed numbers before, the market can turn sour and if I have cash, I can buy the dip. I guess there is part of me that likes playing the market, versus a buy and hold only.
I’m quite happy with how much I held into the run. On paper I was to be all out at 1.25 and this board helped me hold more longer.
And, selling most by 2.50 was good for my nerves. And now I can put in a reasonable amount into the stock. This will still be 25% of my portfolio if it hits $5 with what I have today. Which is a lot for one stock. My goal is to diversify a bit and learn about other things besides penny stocks that I have been researching about 5 years now.
Plus, I do like 400% returns. And I am searching for my next one. At $2 the 400% may take a while or could be in a year. At $2 the 100% might take time depending on more news and terms. There is not a lot published on deals, and revenue to judge the response when it comes.
Anything can happen with this market.
But I am holding what I have and buying dips under 1.50 which may not happen again.
Today will be telling I think.
Haha hahahaha....
Haha hee hee ha....
Hahahaha hahahaha hahahaha...
Oh my. Lol.
Damn... wow... the video. Hunter ballew is a connector. RoofCON makes for a lot of connections, and possibly pulling people together. Much better to have him as a partner than a competitor. 12MM in 3 years for his company. This is so totally exciting. Any dips at all will be scooped up from today forward. I expect him to bring in others. I wonder how much they had to pay for his company. I’m assuming they make him a partner, give him a title and leadership position, and preferred stock. And he will help transform this into a 200MM revenue business in 3 years.
I think I really should buy more if it does not run tomorrow over $2...
If investors watch this, they will drive this back to $400MM market cap.either now, or after uplist. If the stock price leads growth, they will have capacity to keep expanding.
I respect all of you who held all shares. You will be rewarded.
I’m good with my decision. But damn this makes it exciting.
Thanks Mercutos!!! Nice find.
The dips are always painful because sometimes it takes a while to recover. If you have funds, try to find another that is in the .5 x revenue for market cap and start buying then tell us.
I was able to make a little on two others while this went down. I had $60k left in , that has gone down to $27k now. Which is nothing compared to some of you all.
But this is the time to hope for a dip if you can buy more or time to walk away and come back after uplisting is done. Which is about 4 weeks after filing. So about April is my guess.
Depends on whatever other news they have...
Trip, I have a lot of respect for your charting skills. I agree anything can happen. I also drew some basic trend lines and they intersected today at 1.25-1.30 so I think there Is also some hope this is bottom. If it goes below this into $1 land or lower it would be abnormal and a sign for a good buying opportunity even in the short term. Someone keeps pushing a bottom comment of .65 which still can happen if we were only talking fundamentals, since trailing 12 months of revenue still puts us at 8x revenue for market cap give or take a few million.
I think we could stay close to this price until we see more news and also quarterly reports showing the growth we all are expecting. I know some companies are getting hype on no revenue, but that is a scary game to play. At least here if held long enough, the return will come in my opinion no matter the short term volatility.
I remember when I expected a lot of volatility between $0.20 and $0.30 and that lasted a few days. Now I see a cooling off in interest, and anxiety and frustration building, which will bring volatility.
From that angle I am glad I sold some on a high and only bought back 5000 shares today just in case we have a bigger dip.
Until I see more fundamentals of growth put on the books I can’t go deep at this price still, and I might miss out, but I would rather not have the anxiety of the stock totally tanking back to a market cap of $40MM
As you say every one needs to do their own thing. My thoughts are my opinion only, and they change.
I started selling even before $1 because it was part of my plan. I sold more at $1.50 because I thought the short-term might see a dip. I was pleasantly surprised it hit $2.90 on my last sale. And have hated the drop from that high. And I left a lot of cash on the table by starting to sell earlier but I am okay with that during this phase. I don’t have a strong constitution for big drops.
Thank you for sharing your charts and analysis. People pay money for that service and you offer it free. Thank you.
I think since sirc fell off of some radars the news today did not sink in yet. The headline did not reflect the REAL amazing importance of getting a contract like this. But over the next few days more people will read the news closely and do the research and realize that it is bigger than it looks, and they will buy any dips. I don’t think the dip to 1.50 will happen. I think 1.80 is the lowest we will see. Plus, I’ll start talking about this news on Twitter more for those who got out at 2.50, they might get back in at anything under $1.85.
I see the trend curling. There is still selling pressure at the current spot. I don’t think MMS want it to go up yet.
Look forward to the next few days to see where this goes.
I had 200k shares in CELZ and the gains there this week means I might buy the dip if we see anything under $1.50 and especially at 1.25 if it gets that low becomes a no brainer to buy. But I am not sure if it gets below $1.60 with the buys I saw come in at that level. I guess it could run out of gas as people wanting large gains in short times move out and leave this for longer term investors who see the 5-10 year potential of this stock, and the control of dilution.
Yeah the woulda coulda shoulda will always get you down in hindsight. You can’t ever look backwards. I thought damn, I should have bought Bitcoin. I looked just now at notes I wrote in 2017. Bitcoin was at $6600. If I would have put $6600 there and held until after today I would have 40,000 which is an amazing gain. But instead I lost money that year which made me double and triple down on $sirc on the dip at .03 and I put my last $$ available there and I have 10 times that 40k now.
Your losses one year may make you study hard and find a good unknown gem that you can tell your friends and family. I told my cousin about this stock at .27 and I don’t know if he ever bought. He never replied.
I am reluctant to tell him today to look. Haha.
There is no way to do stocks perfectly compared to hindsight. Though I dare say few will ever beat this play. But if I held my 216,000 shares until $3 I would have 200,000 more than I have.... but that means I just have to research and study and pick another good one and hope they execute flawlessly until it runs.
I dare say we might have even beat the Tesla ramp... anyone?
We beat the Bitcoin ramp by a long shot.
I am just happy that this group believes in them as much as I did and thanks Mercutos for inviting me to the board before the run. It helped me hold longer. In my notes that I wrote my plan on last year I had selling 100% at .90 or $1.25 and I had 180,000 shares at that time... and this board helped me buy the big dip at .39 and hold most shares until $1.65 and $2.34
I would have been somewhat happy with the .90 from the .045 average. But you all made a big difference for me.
Remember the earlier days when we all told people to talk about the business and create real estimates and discuss solid data, not hype, not trash talk, etc? I really think that set this board apart from all the other boards. I was honored to be invited here by Mercutos, and the details at the top helped me know I was in the right place to stay aware of what was going on with the business. Thanks to everyone who talked to Dave Massey and represented this group of investors who know the stock has great value and potential.
This is how all boards should be run.
If you find another board like this for any early stage company with a good business model, please message me on Twitter. @mrmuse
I’m here until this uplists to Nasdaq. Holding 50,000 shares until we really see where this goes.
Hey Mercutos,
I’m below the 100k needed to stay on the buck board. I’m holding 50,000 until $5 unless this dips hard after cash clears.
But remove me from the buckboard.
This was twice what I expected. Now I can hold the rest for 10 years and who knows where it goes.
When we hit $10 I might just be joining the millionaire club if I can resist selling. I finally am in a spot where I could just hold them for years.
When I was down over 60% in my IRA with 10k locked up in a delisted stock and 5,000 in a long-term CD to keep me from spending it I had $9000 left in my account. I had about $500 in sirc and the price had dropped to .02 and I started buying with everything I had left in my account. This was at the dip after CVEM was removed...
Today my account hit $323,000 at the peak.
All I can say is thank you to anyone who saw my posts on Twitter and decided to join us.
I did sell some, again after the buy-back on the dip. And finally can rest. Haha.
Click, refresh, click, repeat... I am fascinated by increasing numbers.... but it does increase my anxiety in a good way.
Click, refresh, click, repeat... I am fascinated by increasing numbers.... but it does increase my anxiety in a good way.
Welcome onboard. Grab a comfy seat for the ride.
I agree. The closer to $1 the more likely I won’t cash out like I thought I would because we’re not even uplisted, and there is more news to come this year, and multiple is much higher than my initial estimates. And more people are holding more shares and more people are coming onboard. Lots of confidence that we’re going to see $2.00 this year.
Really nice seeing more people coming in new to the board and buying or holding lots of shares. We might actually hit 50% of available float.
Before uplist. That would be amazing if we get there.
If you buy and get listed as the bid, someone has to sell at that price to fill it. If you’re buying the ask, it is a buy. You’re buying someone’s posted ask. So it depends on if it fills the bid or ask
Trap I noticed that ceiling getting hit today. I was wondering if they canceled 1A might bring some enthusiasm. It made me happy.
I’m glad they are canceling the 1-A they have to if they want to sell over the .20 they put in the 1a. That was the max price of the registration. And I’m glad they did not sell any. I thought they sold some from a previous filing... was I mistaken?
Reading the 1A I was worried they would have to sell at .20 even once price zoomed past it. I expect another 1A to be filed with a different range, maybe .50 to $1 and it might zoom past that too. Haha before they get any investors to buy.
Bought 30k shares today between .39 and .473 - so I’m back up to 175k shares.
Not many buying or selling at the end of the day...
But it seems like they are buying at .52 - and the ask is holding at .48 for a while. Last few minutes to go....
Trip, I love reading your analysis. I have only done systems analysis and trend analysis. I love looking at charts but need to learn a lot more. Are there good articles to read somewhere to learn these fundamentals. Some trusted resources?
Many companies by other failed public shells. Look at BBRW for instance. It used to be vet online supply. I lost money on them but went in heavy on $bbrw last week and sold to get my investment back. Haha.
Failed companies can sell the business in a reverse merger. So a private company becomes public. I don’t know anything beyond observation.
A lot of land and oil stocks are shell companies.
Long-term as long as they don’t need to sell a lot of shares they don’t need a big run. It helps a lot if they need to sell shares to buy companies. Uplist is the next big news we want, I agree.
If more platforms have it available it will go up quickly as new people can buy it. And if any funds jump in, the better.
Gilly,
Hard to say when it will hit $1 or $2 but I do believe it can get there with the right deals. They have been buying good companies who likely also want to expand and be part of a growing enterprise.
If they keep expanding and growing customer base and have many companies working together, and take care of the customers, more business will come.
I hope they continue to expand as they find other family run businesses who want to join them. Who knows if the EV joint venture could turn into a M&A and at this price, they could get bought for $3-$5 buy one of these solar runners with no revenue and a lot of cash. Or they could keep buying smaller private companies and bringing them into the public world.
For every $5MM they spend they should get $10MM back over 12 months. So holding long takes guts, but it is in their hands.
Just my opinion.
And this is why shorting an OTC stock is risky as you have 1 day to cover. And if it goes up, you might not see a dip for a while.
Merc, change the buckboard commitment to 125,000 for me. I may have more and hold longer... but just to keep from updating it all the time :)
I put some in cash in the .60-.70 ranges to prepare for a dip, which may not come... I think many long term penny traders have learned harder lessons by NOT taking profits. It’s a lot better to take profits at 800% gains and have it go to 2000% than to not take profits and it go to 50% because of something unexpected.
Now with Enerev closing, that brings some good vibes for the next leg up. But I’ve been buying penny stocks for almost 5 years and though I’ve made good runs on small amounts, this is my first true home run, and getting it over the fence is good enough for me. And I know many are holding and will be hitting it out of the park... all the way to another city, state, country!!!!!
Good luck to all the strong stomachs holding 500,000 or more in one stock. Remember when it is time, sell small amounts into strength. It’s okay to leave some on the table for others, and look for another undervalued stock. For some of you this will be at $5 or more and it is on Nasdaq. And the listing there will be good.
It appears that a 10x multiple is very possible in a hot segment, and with potential other joint ventures and growth coming, a 5-6x multiple makes sense for $sirc with growing revenue.
I do like that a higher multiple is possible in comparison companies.
And that means a $1 price is quite possible, and $2 is possible with revenue growth.
My paper losses last year were about 30,000 from three penny stock companies. One of them I was up 400% and did not sell half, which is my general rule I follow to get free shares. One promised and reported growth and never delivered and almost looks like a scam. Another diluted the stock every month for almost a year and I went to 95% down. So after that, I have left a lot on the table, but I have put $36,000 back in cash from runs on 4 stocks and have $85,000 in SIRC.
My account was down to 24,000 from my initial value of $53,000 6 years ago. I had peaked before at $58,000 and held, only to see it drop like a rock.
Anything can happen and you must watch all reports closely. A blip like they had in this report was a red flag, and so I have been selling small amounts to put a stake in the sand. I still hold 143,000 shares, and have put some in other stocks to balance risk. But holding this much in one stock in this account goes way beyond my comfort level. I hope to still see $2 one the majority of the shares.
Since I am making up a lot of lost ground my risk tolerance is lower. But this is a company that has a lot of potential.
GLTA
Mercutos, update the buckboard for me please. I’m at 170,000. I sold some today just to spread it out a bit. It makes me feel better that I’m putting some in cash, though I believe momentum can take this to $1 next week. I’m okay selling a little and losing a little. I want to be ready for a dip on another stock and potential run up. Or I might just sit on the ~16k I took out today. Either way, it’s all good. I’m recovering all my losses and doubled from my original pre-loss level. I had hoped to break even. Never been happier. Never had a large buy make out this well. I agree that this board helped me hold more, buy more and sell less.
Plus it’s been great to share the enthusiasm with everyone. Cheers!!!
This might actually get to $5 in the next two years.
I think my lowest purchase was .02 then .032 so for the .02 purchase what would that be? My average was .0455 for a long time, but I bought more higher.