Solar Integrated Roofing Corp (SIRC)

[peterpanwasjusthere]

Hey Trip.

Please know that ultimately we are on the same side in all this. I am very long SIRC.

I am, however, very frustrated by the fact that amongst all the blind cheerleading with some of our common stockholder friends, there is a lack of focus on items which we should consider pushing management *HARD* on which could have a material impact on the ultimate outcome.

Revenue and income growth is great, but when the share count grows in leaps and bounds in parallel with the operating performance, the end result can be highly disappointing and inorganic. Moreover, the persistent disappointments on the deliverables front can compound the frustration quotient and drive away potential bid appetite in the stock which can be hard to replace while institutions sit on the sidelines.

SIRC can be a special stock, but there are issues which need to be addressed and addressed soon in my opinion for this potential to be realized. And now that the headwinds of a bear market appear to be firming their grip on investor sentiment, SIRC may have an even steeper hill to climb to reach its dreams.

We should be pushing Dave and team with all of our might on factors which could help drive incremental shareholder value for the retail owner, not just the insiders. But this requires a different lens than what I see on many a public forum.

Have a great weekend.