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Friday, June 18, 2021 12:56:32 PM
Was not me but someone on here...Timmy, Mr Muse, maybe Peter had mentioned that a good CFO might be able to combat a shorting attack against SIRC....would have to ask them. But what SIRC is trying to do by unifying Roofing, Solar, EV nation wide is going to need a skilled and high level master of finance to make it all happen. Huge undertaking...Dave has the drive and perhaps the people skills but we need that very competent financial piece of the puzzle to put it together.
I believe the MM's are shorting SIRC to get the price down as low as they can before the next ER comes out. MM's don't just short but very much take long positions as well. They played a big part back in February getting us to $3.00 (no proof...JMO...heard things) before taking us for a massive short ride down.
Just an observation in price action at this very moment. The low today is .58. That is right around the channel's high that occurred between 5/4 and 6/4. Run a line along those highs to see it. We may have just found support. Especially if we end closing up today. Again...no strong convictions at the moment...
Hope that helps...
JMO
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
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