If it drops to $1 I will have a net loss on SIRC. My most recent purchase of it was on yesterday morning when I bought shares at $1.40/share. I am nearing the breaking point in regards to holding onto SIRC. I had hoped to hold onto it for 1 year or more. But it drops below $1.00, such as going to down to 70 cents/share (with me still holding onto it) and staying at that level for weeks or months, I will be extremely sad. I bought it largely to make lots of money very quick, as well as over the long term.
I know there is a gap from 75 cents/share to 85 cents/share and I now think it is very likely that gap will be filled within 3 days (unless good news is reported regarding the audits), but I don't know if the stock will rebound quickly from there or fall even further.
Such are my thoughts, emotions, and opinions, not investment advice.
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