Solar Integrated Roofing Corp (SIRC)

[Mr muse]

Well I like high risk and high rewards too. And this one stock can be a game changer and I hope I can find another one or two. But at the same time consider always that a large buy of $1MM could go to $10. In the wrong circumstances.

Trying to get rich when most people dump a stock a lot sooner than richville makes it hard to get rich unless you risk a lot at one time. Risking a lot at one time can be disastrous.

On $MGTI it looked like it was set to run well. We were up 800% and I did not sell and others had invested their life savings. They had multiple streams of income and business units. And we did not sell. It was a high of $8. Today it is trading at .08... I lost half. I got out finally on the last surge it had at .27 with an average price of .58.

At the low of .017 I could not buy as they were not current. And it was hard to put even more in. I had bought at .03 to get my average down, just not enough. Close though. One day it might run because it is still in business, or one day it might close shop.

Penny stocks are very high risk. And this latest market has been favorable. But I’ve been through 4 very dry years.

I am heavily invested still. More than my comfort zone. But I want a great return also. But I will be more conservative in my guesses, and more risk averse. Also I will be more critical if things start to unravel. This year it really looks promising.

And if they pull off $200MM revenue in 2 years, the price will take care of itself.

Some think $58MM run rate will result in BLNK level prices but I don’t believe that.
There are a lot of unknowns coming with our economy. We have a short window.

I’m hoping for a big change within 6 months. If it takes longer I fear for other factors to negatively impact the rate of growth.

GLTA