Tuesday, September 14, 2021 9:41:14 PM
For me it depends on how hot it goes and what revenue they are posting. We almost hit 30x forward looking revenue last time. That’s quite a spike and I bet many of us would sell something if it spiked that high as that would be about $12-$15 per share if Sirc buys back any.
Before, I was going to sell at $.80 and all the holders on this board gave me reasonable discussion about holding longer.
This time I was planning to start selling at $1.67 but now that I see the new revenue guidance, I am rethinking my strategy. I know anything can happen. But they could really pull off a series of big items in the next few months that will bring investors and put buying pressure in place.
I dare say many investors who come next will buy and hold for 10 years. And so the float will get locked up.
So if it gets locked at $1 and there are limited shares, the revenue numbers will drive price faster up through $3 and onto NASDAQ where it could keep running to $10 until some of us start selling.
Who knows. It seems this could get to $10 in 1 year.
Thoughts?
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