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re: Diving deeper on Standard Lithium?

Posted on 2/16/21 at 4:35 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
20054 posts
Posted on 2/16/21 at 4:35 pm to
quote:

Ask price doesn’t mean anything. That’s just what someone wants to get paid for it. Ask could be $100, doesn’t mean someone would buy it. The bid is what someone is willing to pay. If that jumps up, then you pay attention.


But when they do move, it's Katie bar the door.
Posted by Fe_Mike
Member since Jul 2015
3210 posts
Posted on 2/16/21 at 5:55 pm to
Oh yeh - if people start upping that bid and chasing the ask premarket, just stand aside and watch. Somebody knows something.

I'm going to deleverage a couple of positions and buy more into STLHF, NWBO, and CIM this week. Love the weekly charts on those three, very solid from a technical perspective. CIM my best dividend stock right now and considering getting heavy into them soon. STLHF and NWBO my favorite speculative, with NWBO representing a near term binary pay out and STLHF long term growth.
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