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Message

re: Diving deeper on Standard Lithium?

Posted on 7/14/21 at 4:15 pm to
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3180 posts
Posted on 7/14/21 at 4:15 pm to
quote:

Not to be a downer but I've been more curious lately as to what are things that occur to cause this stock to go back down to $2 or worse. Does JV not go through? Is there some sort of failure in the Lithium extraction process?


I think that if Lanxess were to not sign the J/V, it would cause enough investors to question the technology enough to drop the price significantly (temporarily). Other than that, the big possible threats are competition and regulation. I think we all feel pretty good that neither of those are a significant threat, but that's all I can think of at the moment...unless there was a report of some type of shenanigans within SLI involving fraud or something of that nature.
This post was edited on 7/14/21 at 4:41 pm
Posted by LSUSLU106
Member since Mar 2015
660 posts
Posted on 7/14/21 at 4:35 pm to
I am not understanding why people are freaking out over the last two days if you told me 5 dollars and some change few weeks ago I would have said hell yeah!
This post was edited on 7/14/21 at 4:38 pm
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3180 posts
Posted on 7/14/21 at 4:43 pm to
quote:

I am not understanding why people are freaking out over the last two days if you told me 5 dollars and some change few weeks ago I would have said hell yeah!


My manager put around $25K in yesterday morning (after hearing me talk about it for the past 6+ months). He sent me a message on Teams earlier saying that he should have sold it yesterday when it spiked. I told him to chill the F out. This ain't no pump-n-dump BS. Just have to be patient.
Posted by molsusports
Member since Jul 2004
36717 posts
Posted on 7/14/21 at 4:55 pm to
Kige

The point of investing in a stock is you have enough information to know (or at least believe you know) that the company is well run, compares favorably with its competitors, and has good financial prospects going forward.

Properly done diligence means a long term increase, not some meme paper gains. A lot of us have lost sight of the basics of investing hoping for immediate bitcoin returns.
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/14/21 at 4:56 pm to
quote:

I am not understanding why people are freaking out over the last two days if you told me 5 dollars and some change few weeks ago I would have said hell yeah!



Who's freaking out?
Posted by SmackoverHawg
Member since Oct 2011
29155 posts
Posted on 7/14/21 at 5:25 pm to
quote:

If we're doing that, I hope SLI is a $10,000 stock.


Not gonna lie. I'd be tempted to sell.


Yeah. I'd be out at $3500. Can't lie. Maybe even a little lower than that.
Posted by CarbonAce
Member since Apr 2021
185 posts
Posted on 7/14/21 at 5:27 pm to
Lol
Posted by SmackoverHawg
Member since Oct 2011
29155 posts
Posted on 7/14/21 at 5:28 pm to
quote:

Properly done diligence means a long term increase, not some meme paper gains. A lot of us have lost sight of the basics of investing hoping for immediate bitcoin returns.


I think the insanity that ensued shortly after it's debut got people dreaming of a crazy GME spike. It was insane. Good think I left my phone at the house and didn't see it until after 12. Once you get to dreaming crazy dreams, reality gets boring and sucks arse. Back to reality.
Posted by SmackoverHawg
Member since Oct 2011
29155 posts
Posted on 7/14/21 at 5:34 pm to
quote:

My manager put around $25K in yesterday morning (after hearing me talk about it for the past 6+ months). He sent me a message on Teams earlier saying that he should have sold it yesterday when it spiked. I told him to chill the F out. This ain't no pump-n-dump BS. Just have to be patient.


I've had people bitch that just bought in. My response...I been telling you dumb sumbitches to buy since $.37, now you wanna jump in at $6 and say my stock sucks? Sell it. I'll be waiting at $4.50.


Separating men from boys now. Stonk buyers going to bat in big leagues. Stroking over "losing" $5k. You ain't lost shite until you sell. Don't see me stressing and I've had like a $600-700k swing in the past two days. I never planned to sell in mid $8's anyway. frick it. Let it stay down while I reload my play money stash. Bout to get rich in Doggie coin.
Posted by jerryc436
Franklin
Member since Jan 2014
539 posts
Posted on 7/14/21 at 5:51 pm to
I added more today. Now at 1930 shares with avg cost of 4.06 up from 3.70. Would have bought more but needed money to buy another rent house.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 7/14/21 at 6:19 pm to
quote:

I am not understanding why people are freaking out over the last two days if you told me 5 dollars and some change few weeks ago I would have said hell yeah!


The only people freaking out have a DCA per share over $5 and got in since Monday.

The rest of us are still ecstatic
Posted by Auburn1968
NYC
Member since Mar 2019
23318 posts
Posted on 7/14/21 at 6:26 pm to
quote:

I've had people bitch that just bought in. My response...I been telling you dumb sumbitches to buy since $.37, now you wanna jump in at $6 and say my stock sucks? Sell it. I'll be waiting at $4.50.


Separating men from boys now. Stonk buyers going to bat in big leagues. Stroking over "losing" $5k. You ain't lost shite until you sell. Don't see me stressing and I've had like a $600-700k swing in the past two days. I never planned to sell in mid $8's anyway. frick it. Let it stay down while I reload my play money stash. Bout to get rich in Doggie coin.


I picked up a few shares today at $5.30. Literally, 5 shares since it doesn't have a fee now that it's on the NYSE. Wouldn't be worth it if I had to pay a $5 or $6 fee like those on OTC.



Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 7/14/21 at 6:30 pm to
My 401K transfers over to Fidelity anyday now. Will go up to 150K shares even if I can buy those shares under $5.50.
Posted by Good Ole Baw
Member since May 2014
490 posts
Posted on 7/14/21 at 6:59 pm to
Got my hats in!
LINK

This post was edited on 7/14/21 at 7:09 pm
Posted by supadave3
Houston, TX
Member since Dec 2005
31190 posts
Posted on 7/14/21 at 7:00 pm to
quote:

My manager put around $25K in yesterday morning (after hearing me talk about it for the past 6+ months).


I sure as hell wouldn't be giving stock advice to my manager. I don't need him getting mad and firing me over some frivolous shite after I gave him bad advice about the stock market.

Not saying SLI is bad market advice, just saying as a rule of thumb. But maybe your manager is an emotional and overreactive freak like mine is.
Posted by CarbonAce
Member since Apr 2021
185 posts
Posted on 7/14/21 at 7:06 pm to
I think Tuesday scared the shite out of a-lot of people, do not lose track of where we were before then! I myself got caught up for a moment and was freaking out! I’m in this for the long run, let this play back down, and news sooner or later, be patient and don’t forget why we invested! The long haul!! Lets go!
Posted by FMtTXtiger
Member since Oct 2018
4577 posts
Posted on 7/14/21 at 7:15 pm to
Slick hats! Want
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3180 posts
Posted on 7/14/21 at 7:17 pm to
quote:


I sure as hell wouldn't be giving stock advice to my manager. I don't need him getting mad and firing me over some frivolous shite after I gave him bad advice about the stock market.


No worries. He did his own DD prior to buying. His P/T is $22. Also, all I have to do is point out how much it would be worth if he'd bought it when I first brought it up.
Posted by Auburn1968
NYC
Member since Mar 2019
23318 posts
Posted on 7/14/21 at 7:32 pm to
quote:

No worries. He did his own DD prior to buying. His P/T is $22. Also, all I have to do is point out how much it would be worth if he'd bought it when I first brought it up.


One of my old clients has been building his position for several months. He's been trading for a long time and saw the potential for a grand slam after checking it out.

Posted by jimjackandjose
Member since Jun 2011
6640 posts
Posted on 7/14/21 at 8:08 pm to
That camo hat is sweet! I need one stat


20 I think is a fair price target... I'm hoping for major fomo like we saw yesterday with some type tesla announcement that can get us to 30 before settling back down.

My realistic expectations pre uplist for the uplist was a new bottom at 4 to 4.50. If new bottom is 5, huge win.
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