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valueinvestor2320

05/27/22 12:51 PM

#28492 RE: TimmyPathetic #28491

Timmy, we can all get along. But we must also recognize that stocks are cyclical…a better way to say it is that they move in waves. Stocks do not go straight up…corrections in price are normal. It took SIRC 1.5 years to go from a penny to $3 and has dropped for 1.5 years back below 20 cents. Wave 2s always drop back near the beginning of the first wave. That’s what appears to be going on.