News Focus
News Focus
icon url

RightStuff

05/13/21 5:58 PM

#18006 RE: havasu #18000

AOR, You may well be correct about your $.40 or $.25 targets. But I also think havasu will be correct about his $4.50 target. If so, his target trumps your target. That will be my saving grace. Now, I am less sure about the time line.

Obviously, I made a mistake by not exiting at a higher figure months ago. I was a little greedy and a whole lot foolish. But I feel it would be another mistake to exit now as the stock is approaching levels prior to the run-up at which time it had much less value than now. When the solar sector falls back into favor, I think SIRC will now be better positioned to rise than most other solar stocks. I believe that will happen at some time; just hope before 2-3 years. I originally did not intend to have my funds tied up that long as I did throw some of the "rent money" in there. I may have to go back to work to carry me over.

You mentioned the dot-com bust of 2000-2003. Yes, the Naz dropped from 5K to 1K and some of those stocks with no real substance got crushed to zero (like the home delivery grocery biz that was $60 a share). Or, their product went entirely out of demand such as Corning Glass (with fiber) that went from $103 to $1. But none of those conditions is the case with SIRC, imo. At this point, after getting so beat down, do you think that SIRC will at least see $2.00 again?
icon url

AgeOfReason

05/14/21 10:26 PM

#18034 RE: havasu #18000

I think such might happen, but I think it might take more than year for it to get there.