Solar Integrated Roofing Corp (SIRC)

[TripTrap]

SIRC…Why I continue to stay long:
*November 9th SIRC will become a fully reporting company with the SEC. This should make us eligible for large NON-dilutive institutional funding!!! NO MORE toxic loans.
* November 14th expect ANOTHER blowout record earnings report for Q-3!!! (Revenue for Q-2 increased 746% to $66.3 million).
* HUGE recent hire of veteran operations executive Stefan Abbruzzese as President! This guy was a 17-year ROCK STAR for GE Capital for their bank loan group. (Do you really think he would join a little pink OTC company unless he saw huge potential???)
* Two other new NASDAQ experienced C-suite hires are expected between now and end of the year. CEO Dave Massey will be stepping down but staying on as an advisor.
* Solar capacity in the U.S.A is forecast to triple in five years now that the Inflation Reduction Act has been passed according to the Solar Energy Industries Association (SEIA). This forecast for solar deployment has been raised by 40% above prior projections through 2027.
* The global EV charging stations market size is expected to grow from USD 17.59 Billion in 2021 to USD 111.90 Billion by 2028; it is estimated to grow at a compound annual growth rate of 30.26% from 2021 to 2028.
* SIRC is in a bottoming formation on the chart. A possible large Inverse Head & Shoulders pattern is forming. Also 62-cents is a LARGE equal highs flat initial target for traders before moving much higher.
* Someone/company has been recently trading LARGE blocks of SIRC shares near the bottom of the recent range.

It is sooooo easy to become cynical investing in this little stock. There is NO DOUBT since we hit that magical $3.00 high way back on Feb 5th 2021 we have all been through hell for those that bought or added to their position. Management has made MANY missteps. But look at almost any publicly traded company at their beginnings that has made it big. Most took YEARS to figure things out before putting it all together. Look at the early charts of AAPL, AMZN, NFLX. Another example, Monster Inc. MNST, that used to be called Hanson Brothers, was a true penny stock. It took them over 10 years with plenty of initial failures to finally get going!!! Just before price took off in 2011 a prominent stock analyst listed Monster as a "Sell".

I think we have something special here with SIRC....but like with almost all successful long term stock investments, (as long as the foundation is solid), it's takes having vision for seeing their future. It also takes extreme patience. I am holding tight looking forward to what the next 3 important weeks brings us.