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re: Diving deeper on Standard Lithium?

Posted on 11/19/21 at 9:18 am to
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 11/19/21 at 9:18 am to
quote:

I think we touch 9.15 today. Maybe higher in a fomo run.

My dad has impeccable timing. I was buying at 7.70 and he told me he was going to wait. Ended up getting 15K shares around 7. This was after he sold 30K shares at 11.60


I've been following this thread religiously. Bought in around $3-4. I freaked out (I'm new to this) and jumped out at $10. Read a lot last night and this morning...turned around and bought all back in at $8. Increased my position.

Am I dumb?

quote:

Taking profit is a feminine trait


Well slap me silly and call me Susan!
This post was edited on 11/19/21 at 9:20 am
Posted by Black n Gold
Member since Feb 2009
15420 posts
Posted on 11/19/21 at 9:20 am to
quote:

Bought in around $3-4.


quote:

jumped out at $10


quote:

Am I dumb?


For winning?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/19/21 at 9:20 am to
Consider tax implications when taking profits. It isn’t so cut and dry.
Posted by Palantir
I've been a Columbia House
Member since Oct 2020
691 posts
Posted on 11/19/21 at 9:21 am to
quote:

I personally start to feel antsy if any one stock gets to be more than 20% of my portfolio
There's a few where I don't care if it's a significant chunk, but they're blue chippers like AAPL or MSFT

I learned my lesson with PLTR (although it shaved quite a few years off my retirement) to go all in on speculative companies.

ETA: I will say though that I am very intrigued by RKLB...not enough to go all in but I am impressed
This post was edited on 11/19/21 at 9:26 am
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 11/19/21 at 9:22 am to
quote:

Consider tax implications when taking profits. It isn’t so cut and dry.



I do understand this sadly.
Posted by deltaland
Member since Mar 2011
91194 posts
Posted on 11/19/21 at 9:23 am to
Today is a good day so far
Posted by jimjackandjose
Member since Jun 2011
6512 posts
Posted on 11/19/21 at 9:28 am to
I bitched out and sold at 8.50. Looked like a HS pattern forming and I'm banking on lunch dip. Was lining up

Then runs to 8.67.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/19/21 at 9:33 am to
Thanks
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12580 posts
Posted on 11/19/21 at 9:36 am to
quote:

Consider tax implications


You mean Theft..
Posted by jamiegla1
Member since Aug 2016
7026 posts
Posted on 11/19/21 at 9:55 am to
would be nice to see Mintak lobby for Tom Cotton and Bruce Westerman to introduce legislation that requires contacting the company before shorting the company
Posted by NOLAGT
Over there
Member since Dec 2012
13559 posts
Posted on 11/19/21 at 10:01 am to
quote:

Consider tax implications when taking profits. It isn’t so cut and dry.



Are you referring to long term vs short term cap gains or is there more to the puzzle?
Posted by jimjackandjose
Member since Jun 2011
6512 posts
Posted on 11/19/21 at 10:01 am to
Anytime.

I’m ok swinging 3 bucks a go
Posted by tigerfoot
Alexandria
Member since Sep 2006
56642 posts
Posted on 11/19/21 at 10:09 am to
quote:

I bitched out and sold at 8.50
I have a sell order at 8.96 for about 20% of my shares. We will see how it runs
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 11/19/21 at 10:10 am to
quote:

I have a sell order at 8.96 for about 20% of my shares. We will see how it runs



Currently 10 cents away
This post was edited on 11/19/21 at 10:13 am
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3124 posts
Posted on 11/19/21 at 10:12 am to
quote:

I have a sell order at 8.96 for about 20% of my shares. We will see how it runs


Why? I'm expecting it to continue to recover next week. Of course, I could be wrong about that.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56642 posts
Posted on 11/19/21 at 10:17 am to
quote:

I'm expecting it to continue to recover next week.
Me too. But this is a whole lot of bullshite going on. I bought in originally at 4ish, if I remember right. I have taken some profits along the way and this sell of 1000 shares will have me recoup all my original investment and still have 4k in shares in play.

I dont like all the bullcrap, the Lanxness JV dragging feet is real, even if the Blue Orca piece is mostly shite. That is enough smoke for me to feel better getting my cash out. If it runs to the 20s or 30s, my 4k will be a damn nice payday for a broke fella like me.
Posted by lighter345
Member since Jan 2009
11869 posts
Posted on 11/19/21 at 10:17 am to
Just hit it.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56642 posts
Posted on 11/19/21 at 10:24 am to
Yeah. I feel like I left some in the table. But I feel good and safe now. I believe in the deal and the info we have. But this is going to be a complete dogfight in this space. I hope they are ready
Posted by Box Geauxrilla
Member since Jun 2013
19123 posts
Posted on 11/19/21 at 10:24 am to
It sucks that this hit piece negatively affected the stock, but I did pick up 300 more shares on the dip.

So I’ve got that going for me, which is nice.
Posted by deltaland
Member since Mar 2011
91194 posts
Posted on 11/19/21 at 10:25 am to
I sold at 9.30 but I had bought in at 11.50


I’ve bought back in at 6.80 and more today in the 8s.

I have all my shares back plus some with an average cost in the 8s. Lost some on the sale but learned a lesson on buying in late. I have a better position to work from now and feel much better about the long haul and can buy dips and get my losses back
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