Those are good comments. I think it is possible that SIRC could go down to $0.25/share before again reaching $2.00/share, but at the moment it appears to me unlikely it will drop to $0.25/share again. A drop to $0.40/share within 2 weeks is much more feasible, but at the moment I don't know if even that will happen.
It is starting to look to me that SIRC might be very near a bottom, since the stock seems hesitant to drop below the intraday low of April 19, 2021, but it is still hard to tell. It's price is also close to the MA(200) level and that level seems to have acted as a support on today and yesterday, as well as on April 19th and 20th.
You made very good comments in your comparison with SIRC and the dot.com era internet stocks (and their respective companies). I am convinced that Solar Integrated Roofing is in a much better financial (and business model) position than the vast majority of the internet stocks from the dot.com era, and as a result SIRC stock (in my opinion) is very unlikely to experience the magnitude of percentage decline that those stocks did from that era. Solar Integrated Roofing is also unlikely to go out of business within the next ten years, in my opinion.
Legal Disclaimer: The above are my opinions and they are not intended as investment advice.
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