Tuesday, July 27, 2021 2:10:43 PM
Nope, not in my wheel house right now to quantify how many restricted shares are held by the convertible debt holders. I'm smart enough to know what I don't know and is why I come to a forum like this to discern the truth from smart fundamental guys like you and others here. What is the truth? Do you have a rough estimate of how much more needs to be sold off or have they pretty much been sold off according to Televet's connection? Are we just guessing here?
Hmmm...after looking at share structure and understanding what the company did and who was running the show, those "generally useless" charting tools got me long SIRC at .10 cents, Dec 2020, a few days before the start of the monster move. Those "generally useless" charting tools told me to add more shares on the lows of Jan 14th and Jan 28th which I wrote about on this forum. Those "generally useless" charting tools told me after the exhaustion gap up on Feb 5th that we could see a major decline which I wrote about on this forum that weekend. Yes, I should have taken my own advice but waited too long for another piece of the puzzle that did not come.
Like everyone I make plenty of investment mistakes regardless of charts and is an extremely humbling business...but I do alright. Charts are "generally helpful" in the right hands.
To each his own...
"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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