re: Diving deeper on Standard Lithium?

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They just need slightly better PR and I think it would stabilize the price

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To be fair, if they had better PR, there wouldn't be a bunch of us here on a money subforum of an LSU board, with a lower cost basis than Koch Industries. So I'm cool with it, as I've seen enough to not think it is a scam or anything like that. I do a lot of business with Canadians to the tune of a couple million worth of purchases annually, mostly toronto based and montreal based, not west coast Canadians like SLI, but I can say SLI is exactly what I would expect. Canadians are smart, and don't play the games that american businesses do, and are in general, more trustworthy. They do things on their own schedule, never in a rush to do anything; I deal with a huge company in quebec that straight up takes off almost a month at the end of the year for holidays. However, they tend to simply not do something unless it's high quality, and they are supremely tight lipped compared to americans; you don't hear about something happening until it is happening.

I think alot of this is just panic from individual investors, and a company like this is right in the blast zone of interest rate panic. Look at the institutional ownership, it's still under 20%. I would love to plow in more money, but it's 25% of my portfolio now, and I just don't see whats coming to sooth the weak hands; and why Koch, SLI, or other institutaional investors would care to stop this plunge with PR with nothing of substance. I would think they probably don't mind pushing out a bunch of these small shareholders at this point in the timeline.

However, I will say my only orders in the last 2 weeks have been buys. I wouldn't be surprised to see it go lower. I feel like we are at the midpoint of the interest hike panic; things tend to go from overbought to oversold, they don't stop in the middle. I would advise anyone who wants to get in and get out this year, to probably not overweight themselves on this one, but I still think it's a great investment.