That is a very very good point you make about investors looking at the trailing 12 months to decide at what point to buy in. Keep in mind the 52 week low is still $0.03 a share. To new investors who might not and are likely not fully informed on everything going on with SIRC, they’re going to take that into deep consideration. That’s why the bears are so happy to spout “It’s going back down to $0.03” or whatever other crazy price, even though we all know there is no chance of that happening. It does have the affect of dampening the demand especially with numerous bag holders that were made during the spike up to $3.00. The people on this board are exceptionally well informed about SIRC, but the vast majority of retail investors are not. I would not surprise if quite a few people have this on their watch list, but aren’t actually following the news about sirc closely and are rather just waiting for it to drop into the twenty cent range or less to get in for a ride back up to $0.60 range or something similar. If you’re not actively looking for SIRC info regularly, you probably don’t realize how oversold it is.
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