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re: Diving deeper on Standard Lithium?

Posted on 1/20/21 at 10:24 am to
Posted by GeneralLee
Member since Aug 2004
13296 posts
Posted on 1/20/21 at 10:24 am to
Not really expecting any big news on this for a few months anyways with the COVID border restrictions preventing the German Lanxess engineers from getting in.
Posted by Fe_Mike
Member since Jul 2015
3313 posts
Posted on 1/20/21 at 2:36 pm to
As we encroach on $4, does anybody know of any guidance from the company on potential uplisting? I’m sure they’d obviously like to, but have they implied they intend to pull the trigger as soon as possible? The only barrier to entry I think they may not meet is revenue/ongoing operations. An uplisting would be massive.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2285 posts
Posted on 1/20/21 at 2:44 pm to
With the price seeming to have woken up, if Lanxess were considering a buyout, does a rapidly expanding price put that decision on the front burner for them?
Posted by jimjackandjose
Member since Jun 2011
6529 posts
Posted on 1/20/21 at 3:06 pm to
I think a lot of folks thought the buyout would be in 15 to 20 range unless happened quickly in the 5 to 7 range.

I havent seen anything indicating a desire for uplifting. But this company has been steady eddie and not trying to rush things. People are just starting to hear about it and lots of LT holders drivinf price action in my opinion

They just got a stocktwits board
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3154 posts
Posted on 1/20/21 at 3:15 pm to
Strong last hour today for STLHF. Saved me from being in the red today.
Posted by Auburn1968
NYC
Member since Mar 2019
21064 posts
Posted on 1/20/21 at 4:00 pm to
My other stocks are doing well enough, but 17,500 of Standard Lithium is making my day.

I want more on the next dip.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3154 posts
Posted on 1/20/21 at 4:11 pm to
I'm sure you're happy! I wish I had more cash freed up to add more, but I'm going to stick to my guns and stay diversified.
Posted by Dock Holiday
Member since Sep 2015
1663 posts
Posted on 1/20/21 at 5:06 pm to
Big volume spike at 3:30 EST, about 70K shares, shot up not long after that spike. Which one of you baw's was that?
Posted by el Gaucho
He/They
Member since Dec 2010
54693 posts
Posted on 1/20/21 at 5:22 pm to
Any you baws wanna check out allif? I bought some today and it did good

Same idea as standard and it’s at 85 cents
Posted by Fe_Mike
Member since Jul 2015
3313 posts
Posted on 1/20/21 at 5:40 pm to
I’m gonna have to do more research on them and the actual rights they have. Certainly very interesting. Sounds like they don’t currently have any production capabilities or even processes.

No dry powder to spend right now, not sure I’d want to sell something else for it. Too much small cap in the portfolio as is. Damn these gains throwing off my ratio.
Posted by Auburn1968
NYC
Member since Mar 2019
21064 posts
Posted on 1/20/21 at 6:38 pm to
I really wanted to round out to 20,000 shares while it was in the $2.50's range, but had everything tied up in sold calls that expired last Friday.

Oh well, I can't complain.
Posted by cgrand
HAMMOND
Member since Oct 2009
40292 posts
Posted on 1/20/21 at 8:56 pm to
nope no complaining
I started a position below 1.00, it doubled.
I doubled the position and that position doubled.

big fricking props to the guys who brought this to the board
Posted by Auburn1968
NYC
Member since Mar 2019
21064 posts
Posted on 1/20/21 at 10:20 pm to
quote:

big fricking props to the guys who brought this to the board


Indeed!
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
685 posts
Posted on 1/21/21 at 8:37 am to
Down 11% at the jump today. Any idea why?
Posted by Drunken Crawfish
Member since Apr 2017
3846 posts
Posted on 1/21/21 at 8:39 am to
Jumps and pullbacks. Probably some taking profits. Just the nature of the game. Won't be the last time.
Posted by stewie
Member since Jan 2006
3965 posts
Posted on 1/21/21 at 8:40 am to
quote:

Jumps and pullbacks. Probably some taking profits. Just the nature of the game


X2. It was on a heck of a run there
Posted by PotatoChip
Member since May 2014
3749 posts
Posted on 1/21/21 at 8:42 am to
This stock is going to have big pullbacks. With such low volume, it will move the price A lot early in the day a lot.
Posted by Fe_Mike
Member since Jul 2015
3313 posts
Posted on 1/21/21 at 8:49 am to
Bought more on the dip at $3.30 and I think I’m done buying here. Yeesh. A little over exposed but hopefully we’ll keep riding for a while.
Posted by jimjackandjose
Member since Jun 2011
6529 posts
Posted on 1/21/21 at 9:01 am to
Friendly reminder, this is OTC pink sheet stock.

No current large scale production or announced contracts with buyers.

You are on the way early end of a lot of potential.
Posted by Dock Holiday
Member since Sep 2015
1663 posts
Posted on 1/21/21 at 9:51 am to
Settling in right now around $3.3.
I was thinking $2.65-$2.75 was the current floor, but maybe it's setting one in the $3.15-$3.30 range. Without real financials who knows though...
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