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re: Diving deeper on Standard Lithium?

Posted on 6/22/21 at 2:12 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34027 posts
Posted on 6/22/21 at 2:12 pm to
quote:

I think I'd have to go to the hospital for an erection lasting longer than 4 hours....





And if that happened I'd likely be out of this thing with the quickness.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/22/21 at 2:13 pm to
Don't want a huge gain like that until all my shares have long-term capital gains tax treatment though...
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1354 posts
Posted on 6/22/21 at 2:50 pm to
You would get out at $10? I may sell a big chunk, but I'd definitely keep a foot in. I'd probably wait until things died down again and jump right back in.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/22/21 at 2:52 pm to
Nah I’m probably not selling much until $20/share.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34027 posts
Posted on 6/22/21 at 3:03 pm to
quote:

You would get out at $10? I may sell a big chunk


This is what I'd likely do, if there was a massive spike, I'd likely pull some chips off the table and then wait for the inevitable pull back to buy back in.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/22/21 at 3:19 pm to
Maybe with my Roth shares but not with any shares with short term cap gains treatment in my brokerage account. My Q2 cap gains payment (all short term) was 43% of the gain, ouch!!
Posted by Boomer Rick
Member since Apr 2021
253 posts
Posted on 6/22/21 at 3:28 pm to
No kidding. Only 1/3 of mine is in my Roth IRA.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/22/21 at 3:32 pm to
About 25% here. Figure it’s life changing money so want it sooner than age 60!
This post was edited on 6/22/21 at 3:33 pm
Posted by PotatoChip
Member since May 2014
4198 posts
Posted on 6/22/21 at 3:40 pm to
I’m riding the roller coaster at least to $30. At that point, I may sell some, but would have to reevaluate company potential at that time.
Posted by Auburn1968
NYC
Member since Mar 2019
23126 posts
Posted on 6/22/21 at 3:43 pm to
All of my 28,780 in our IRA account.
Posted by Dock Holiday
Member since Sep 2015
1747 posts
Posted on 6/22/21 at 3:46 pm to
quote:

You would get out at $10?


lots of variables to give a straight answers yes or no. If it takes a year or more to get to $10 and many of the levers have been pulled to get there then yes, I'm out at $10.

If it gets there in a hurry, say in 6 months and only a few things have happened to get it there then I'm riding it out longer.

The slow steady climb to $4 has me thinking the latter is the most likely play here.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/22/21 at 3:48 pm to
At $20 this would be like 75% of my portfolio. Would be a good problem to have but nerve wracking at the same time.
This post was edited on 6/22/21 at 3:50 pm
Posted by Auburn1968
NYC
Member since Mar 2019
23126 posts
Posted on 6/22/21 at 3:51 pm to
I'll have to see what their plans are at $10, $20, $50, etc.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34027 posts
Posted on 6/22/21 at 4:31 pm to
quote:

I'll have to see what their plans are at $10, $20, $50


What do you mean here? Unless they're issuing more shares, the stock price does nothing for the company's cash on hand.

Perhaps I'm misinterpreting the post.
Posted by SmackoverHawg
Member since Oct 2011
28978 posts
Posted on 6/22/21 at 5:09 pm to
quote:

And if that happened I'd likely be out of this thing with the quickness.


For $10/share? Nah.
Posted by SmackoverHawg
Member since Oct 2011
28978 posts
Posted on 6/22/21 at 5:16 pm to
quote:

Don't want a huge gain like that until all my shares have long-term capital gains tax treatment though...


Like 85% of mine are now long-term. But I didn't saddle this horse for a little trail ride. Like Calvin Borel told me before a race,"Don't waste yo money on place and show Boss, dis mare is ready to run and Imma let'er. Go get paid."
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 6/22/21 at 6:39 pm to
Who is sweeping the hotels tonight for Californians? Lol
Posted by Tower_Tiger12
Member since Jan 2021
983 posts
Posted on 6/23/21 at 8:08 am to
Holy crap.. Stlhf showing 4.05 on TD Ameritrade right now
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/23/21 at 8:09 am to
My fidelity screen show 3.78 x 4.00 (bid vs ask). and 1,000 premarket volume, weird....
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 6/23/21 at 8:11 am to
Showing $4.05 with a $4.40 ask and a 1000 volume. Very weird.
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