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re: Diving deeper on Standard Lithium?

Posted on 7/12/21 at 1:07 pm to
Posted by pkloa
Member since Jan 2011
2280 posts
Posted on 7/12/21 at 1:07 pm to
Hogs get slaughtered. Don't abandon what works for you based on others' risk tolerance, is my advice.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/12/21 at 1:09 pm to
5.27
Posted by Pendulum
Member since Jan 2009
7616 posts
Posted on 7/12/21 at 1:12 pm to
Well I'm about to cross over 10k mkt value ttl. About 50% unrealized gains
Posted by HoldenOversoul
South Carolina
Member since Oct 2012
518 posts
Posted on 7/12/21 at 1:21 pm to
I couldn't stand it anymore. Sold my Altria stock and flipped it into Standard this morning. Up to 4,850 shares.

Posted by Pendulum
Member since Jan 2009
7616 posts
Posted on 7/12/21 at 1:22 pm to
I have a little powder left for this stock; going to wait until uplist to see if we get a "sell the news" event. I have enough to control myself and not buy into the rocket ship at this point.
Posted by Beerinthepocket
Dallas
Member since May 2011
872 posts
Posted on 7/12/21 at 1:24 pm to
Bought 300 more today to level off at 3000 shares. I’ve saved some cash to buy long dated out of the money call options later this week if that looks like the move. We gonna be selling covered calls or buying options baws?
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/12/21 at 1:27 pm to
Maybe both. Not sure how high the strikes will go. Might sell some $20 strike covered calls and buy some $10 calls.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 7/12/21 at 1:32 pm to
Posted by SmackoverHawg
Member since Oct 2011
29091 posts
Posted on 7/12/21 at 1:37 pm to
From my phone and facebook, lots of folks getting FOMO right now. I'm pumping it hard now. I may start cold calling.
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/12/21 at 1:39 pm to
If $10 Jan ‘22 call options are under $0.25, I’m gonna buy some flyers on the open tomorrow.

Options markets will probably start out super illiquid and low volume here, so might be a great opportunity to be had, on the buy side or the sell side.
This post was edited on 7/12/21 at 1:43 pm
Posted by SmackoverHawg
Member since Oct 2011
29091 posts
Posted on 7/12/21 at 1:44 pm to
quote:

If $10 Jan ‘22 call options are under $0.25, I’m gonna buy some flyers on the open tomorrow.


I would be curious to see where they're at. Now would seem to be the time. If people research it, they'll find all those lowball price forecast.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34171 posts
Posted on 7/12/21 at 1:45 pm to
quote:

If $10 Jan ‘22 call options are under $0.25, I’m gonna buy some flyers on the open tomorrow.

Options markets will probably start out super illiquid and low volume here, so might be a great opportunity to be had, on the buy side or the sell side.


So there's no waiting period and options will be available immediately?
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2953 posts
Posted on 7/12/21 at 1:45 pm to
Predictions on close? It's been running good at close recently. I'm thinking 5.95
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/12/21 at 1:50 pm to
No idea, we’ll find out tomorrow!
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 1:53 pm to
5.50 close at best. Wont see a 25% day today.

When this thing starts swinging 1 and 2 dollars a day, I'm going to struggle bus
Posted by GREENHEAD22
Member since Nov 2009
20080 posts
Posted on 7/12/21 at 1:54 pm to
Quit the pump damnit, I want to add more.
Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/12/21 at 1:54 pm to
I want to play some options but have no clue how that works.

The OTM ones are the ones you can lose your arse quick right?
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2953 posts
Posted on 7/12/21 at 1:55 pm to
That's where it wouldn't hurt to have a swing position, despite my failures

On another note, is this trading premarket as SLI or does it switch at open, or some other time?
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 7/12/21 at 1:55 pm to
quote:

Predictions on close? It's been running good at close recently. I'm thinking 5.95


$5.46 at the bell
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/12/21 at 1:56 pm to
I know I’m so conflicted!! My stack is pumping but I want a bigger one because I can only afford a 14ft bateau right now
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