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re: Diving deeper on Standard Lithium?
Posted on 1/14/22 at 6:43 am to jimjackandjose
Posted on 1/14/22 at 6:43 am to jimjackandjose
Yeah man it looks like $4 or $5 is not out of the cards until this corrects. Maybe $12 was crazy high, but $4 for a one year delay is crazy low imho. Koch brothers gotta be pissed as they are on track to be down $10M if today is anything like yesterday.
3
Posted on 1/14/22 at 7:29 am to GeneralLee
This correction is anti-FOMO and is silly.
Posted on 1/14/22 at 7:31 am to GeneralLee
quote:
Yeah man it looks like $4 or $5 is not out of the cards until this corrects.
What is the basis for a $4-5 valuation? Hype and hope, especially for JV, was largely what ran it up to $12. They have all but killed that or certainly slowed down expectations a lot. $3.15 is a realistic floor to me. This market is looking for proven companies right now, not specs.
quote:
Koch brothers gotta be pissed as they are on track to be down $10M if today is anything like yesterday.
It’s like me losing $10. They won’t care about that kind of loss. It’s a spec play for them, too. They have invested $18 billion in companies in the last few years (Petrologistics, Oplink, Phillips-Medisize).
This post was edited on 1/14/22 at 7:33 am
Posted on 1/14/22 at 8:55 am to GeneralLee
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