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re: Diving deeper on Standard Lithium?

Posted on 10/3/23 at 2:06 pm to
Posted by NOLAGT
Over there
Member since Dec 2012
13559 posts
Posted on 10/3/23 at 2:06 pm to
I might finally average down now...I didn't get in until like 8.25
Posted by Pierre
Baton Rouge
Member since Nov 2005
5292 posts
Posted on 10/3/23 at 2:31 pm to
quote:

STLHF


I think I got in at like 2.5 rode it all the way up and all the way back down. Damn that makes me sad :(
Posted by PotatoChip
Member since May 2014
3672 posts
Posted on 10/3/23 at 3:02 pm to
I feel like it’s in free fall with no short term bottom. Macroeconomics can drag this stock down without a positive news cycle for the stock. Management needs to move forward and fast.
Posted by jchamil
Member since Nov 2009
16665 posts
Posted on 10/3/23 at 3:08 pm to
quote:

I think I got in at like 2.5 rode it all the way up and all the way back down. Damn that makes me sad :(



Same. This thing is really turning into a steaming turd.
Posted by 22jctiger22
Member since Apr 2013
373 posts
Posted on 10/3/23 at 3:30 pm to
quote:

This thing is really turning into a steaming turd.


It’s a dried turd already…
Posted by Neauxla_Tiger
Member since Feb 2015
1889 posts
Posted on 10/3/23 at 3:37 pm to
quote:

Same. This thing is really turning into a steaming turd.


To be fair, outside of the blue chip companies (Apple, Nvidia, Microsoft, etc.) that are propping up the indexes, everything else has been setting new 52 week lows since the top in 2021. You can spin a wheel of growth/small-cap/speculative stocks and whatever you land on will be down 80-90+% from its ATH and even significantly lower from where they were pre-pandemic. The PR individual companies put out don't even seem to matter anymore.

So while SLI has been disappointing with its timelines, I'm not sure it's really even within their power to move the needle with the way the market is currently treating these types of companies. We either have to wait out this cycle, or hope it gets some major unexpected news.
Posted by jamiegla1
Member since Aug 2016
7028 posts
Posted on 10/3/23 at 4:13 pm to
quote:

To be fair, outside of the blue chip companies (Apple, Nvidia, Microsoft, etc.) that are propping up the indexes, everything else has been setting new 52 week lows since the top in 2021. You can spin a wheel of growth/small-cap/speculative stocks and whatever you land on will be down 80-90+% from its ATH and even significantly lower from where they were pre-pandemic. The PR individual companies put out don't even seem to matter anymore.

So while SLI has been disappointing with its timelines, I'm not sure it's really even within their power to move the needle with the way the market is currently treating these types of companies. We either have to wait out this cycle, or hope it gets some major unexpected news.

I like to dump on Mintak but this is the truth. I dont even know that major unexpected news gets that much of a bump.
Posted by Pierre
Baton Rouge
Member since Nov 2005
5292 posts
Posted on 10/3/23 at 8:10 pm to
Totally agree. I’m not selling. Just gonna hold what I have and buy more if market conditions crush it some more
Posted by FLObserver
Jacksonville
Member since Nov 2005
14522 posts
Posted on 10/4/23 at 7:19 am to
quote:

I might finally average down now...I didn't get in until like 8.25

If i buy high and the stock tanks i usually DCA once i see some stability like a week or two of leveling off and then a move up for a few days. Right now i dont see this with SLI.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2045 posts
Posted on 10/4/23 at 8:22 am to
As pathetic as SLI has been, if it crosses my POWW shares, I'll take the loss on Ammo and move over here.
Posted by Who_Dat_Tiger
Member since Nov 2015
18204 posts
Posted on 10/4/23 at 9:00 am to
Might be picking up shares in the dollar range…. I think I’m going to hold off averaging down til then because we’re looking at 5% drops daily this week. With all the lent out shares, doesn’t that point to the stock being shorted?
Posted by GeauxldMember
Member since Nov 2003
4408 posts
Posted on 10/4/23 at 9:01 am to
Live look at our money:

Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2045 posts
Posted on 10/4/23 at 9:04 am to
quote:

With all the lent out shares, doesn’t that point to the stock being shorted?



Yes. It would be bad time for Hindenberg to add to the fray.
Posted by jamiegla1
Member since Aug 2016
7028 posts
Posted on 10/4/23 at 9:59 am to
well, im out. see yall when they start building
Posted by LSUDMD
Bluff Park
Member since Feb 2007
37 posts
Posted on 10/4/23 at 10:03 am to
ALB and LTHM both hit 52 week lows today

add to that LAAC

and PLL
This post was edited on 10/4/23 at 11:01 am
Posted by PotatoChip
Member since May 2014
3672 posts
Posted on 10/4/23 at 11:15 am to
Yea, the whole sector is getting crushed.
Posted by Auburn1968
NYC
Member since Mar 2019
20047 posts
Posted on 10/4/23 at 11:17 am to
$2.38...............
Posted by Fe_Mike
Member since Jul 2015
3209 posts
Posted on 10/4/23 at 1:36 pm to


I did tell y'all we're in for short term pain

Gonna just keep on DCA til news comes out. Maybe I can double my shares. I'm too long to sell and buy back, way too much risk to miss. Wake me up when December starts.
Posted by Who_Dat_Tiger
Member since Nov 2015
18204 posts
Posted on 10/4/23 at 3:35 pm to
quote:

Gonna just keep on DCA til news comes out. Maybe I can double my shares. I'm too long to sell and buy back, way too much risk to miss. Wake me up when December starts
seems to be the standpoint of many here. Definitely me. In the hopes of being able to double my shares I’m going to wait to buy. I’m already sitting on close to 20k shares.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2045 posts
Posted on 10/4/23 at 3:37 pm to
I was in early and flipped (poorly) and as of now I have no positions this low. Will be buying more.
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