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re: Diving deeper on Standard Lithium?

Posted on 7/25/21 at 12:22 pm to
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/25/21 at 12:22 pm to
quote:

Smack is really starting to sound like at though. Don’t let it get to your head brah

ETA: on February 8th I made 200k in one day and I was like damn I should sell everything but I didn’t lol




I think everyone should do what they think is the right move. I'll give my opinion, but it's just that. I have a high risk tolerance, and won't be in a financial bind in any way shape or form if SLI went to zero. My cost average is still low, so it can drop a long ways before I'm in the red. Makes it easier to ride out storms that may arise. Each person's situation is different. What I do shouldn't be taken as the gospel as to what you should do. I'm up 7 figures (but I also know I haven't made shite until I sell). 99% of people should sell most of their holdings if that were true for them.

And I look at the ones you bring as well. Been checking blue line. That's what I come looking for are companies and viewpoints that differ from mine.
Posted by bet84
Texas
Member since Jul 2021
109 posts
Posted on 7/25/21 at 12:55 pm to
Maybe Page 198

Article was about Piedmont troubles with the commissioners, with a personal observation added about Tesla and SLI management.
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 7/25/21 at 1:35 pm to
I’m kinda in the same boat except I don’t worry about retirement since there will be no such thing by the time I get there

Let me know what you find on blpgd. I think it’s a solid play

This post was edited on 7/25/21 at 1:48 pm
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 7/25/21 at 2:19 pm to
Thanks, that was the reference I remembered. Was hoping that was stated somewhere publicly.

We’ll get there hopefully.
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 7/26/21 at 12:34 am to
Welcome to the world of haters, Smack. People on TD are finally finding their way here and now are questioning everything. Just keep focusing on doing you because you don't want to fight them on their level. They have more experience fighting at that level.
Posted by el Gaucho
He/They
Member since Dec 2010
58514 posts
Posted on 7/26/21 at 7:07 am to
With how mad y’all get at me I don’t think this thread could handle the angst of a market correction like at got
Posted by CollegeFBRules
Member since Oct 2008
25361 posts
Posted on 7/26/21 at 7:27 am to
I’m hoping there’s a big difference between SLI and the companies AT was pumping.
Posted by HarrisonTown
Member since Nov 2019
567 posts
Posted on 7/26/21 at 7:36 am to
quote:

I’m hoping there’s a big difference between SLI and the companies AT was pumping.


SLI uplisting and steady gains over a much longer period of time is a huge difference already IMO.
Posted by supadave3
Houston, TX
Member since Dec 2005
31811 posts
Posted on 7/26/21 at 7:38 am to
quote:

I’m hoping there’s a big difference between SLI and the companies AT was pumping


God, you and me both and there really seems to be a positive difference here. I lost my arse on WKHS.

I think I’m in early enough here that I won’t lose my arse no matter what. I’m buying what I can in reasonable chunks and am determined to set a price at which I won’t buy more at. I’m having trouble determine that price though.
This post was edited on 7/26/21 at 8:18 am
Posted by igoringa
South Mississippi
Member since Jun 2007
12265 posts
Posted on 7/26/21 at 7:45 am to
The difference between SLI and those companies is about as stark as it gets. Some of those were clear as day scams (TSNP) with others being overwhelmed in their space (ZOM).

SLI has risk and may not fly but is apples and oranges compared to those from management down to the underlying tech.
Posted by supadave3
Houston, TX
Member since Dec 2005
31811 posts
Posted on 7/26/21 at 7:50 am to
quote:

The difference between SLI and those companies is about as stark as it gets.


I agree and I sleep easy with 20% of my portfolio in SLI. I’ve sold out of the crypto game and did so at a reasonable level, pulled some nice profits. If I never touch crypto again, it will have been a huge lucky win because I really don’t know shite about it and I sold at about 500% gain, but keep in mind my original invested money was only about $500. I’m no baller here.

I currently have about $2000 in SLI. My rent is paid and I have diversified enough that I feel comfortable. I’m about to come into about a months bonus pay and will probably put most of that in straight savings. I’m worried about a downturn in the market overall, but I think SLI, SE, NKE, XOM, and my good positioning price point of PLUG make me safe as one can be. I have some shite scattered in other stuff too but that’s another conversation.
This post was edited on 7/26/21 at 7:54 am
Posted by HarrisonTown
Member since Nov 2019
567 posts
Posted on 7/26/21 at 7:54 am to
quote:

God, you and me both and there really seems to be a positive difference here. I lost my arse on WKHS.


Definitely a difference. I did real well on TSNP and got beat up on WKHS, but my finger stayed on the sell trigger on all his stuff. I'm comfortable with SLI at this point in time to ride the wave. They really seem to be doing everything right.

quote:

I think I’m in early enough here that I won’t lose my arse no matter what. I’m buying what I can in reasonable chunks and are determined to set a price at which I won’t buy more at. I’m having trouble determine that price though.


I'm in the same boat. I'm in early enough too, and adding now raises my average cost. I will add more under 5, but it's just my own arbitrary cut off. I should add small increments all the way up, I guess.
Posted by supadave3
Houston, TX
Member since Dec 2005
31811 posts
Posted on 7/26/21 at 8:20 am to
quote:

I'm in the same boat. I'm in early enough too, and adding now raises my average cost.


I guess at this point we just sit back and enjoy the time fishing. If we catch, great. If we don’t, we shouldn’t sink too quick, if at all.
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 7/26/21 at 8:47 am to
Another Monday dump fest.

I'm just gonna stop paying attention on Monday's from now on. Same routine every week, Monday takes a shite on me and then the rest of the week slowly cleans it all up. Why does the market hate Mondays?
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/26/21 at 8:56 am to
[quote]Another Monday dump fest.

I'm just gonna stop paying attention on Monday's from now on. Same routine every week, Monday takes a shite on me and then the rest of the week slowly cleans it all up. Why does the market hate Mondays?

Been pretty damn consistent. Especially with SLI, the press release on Tuesday am. Back up. I'd been tempted to just count on it and pull a few swing plays, but that shite never works for me. shite, SLI seems to open higher every morning, take a shite shortly thereafter until after lunch or so, then close up most days.
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1448 posts
Posted on 7/26/21 at 8:59 am to
This is quite a bit different from the AT situation in my opinion. First, I've been enjoying steady gains for over a year now. Second, There is plenty of good information out there on this company to allow you to perform your own solid DD. Third, several on here have corroborated many of Smack's statements and even the fact that he lives in Arkansas. So, with that said, I will not be blaming anyone but myself if this tanks, which I highly doubt it will. shite happens though.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/26/21 at 9:12 am to
My only red today. Time to buy
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 7/26/21 at 9:29 am to
Looks like I'm hitting the sales today
Posted by SmackoverHawg
Member since Oct 2011
30951 posts
Posted on 7/26/21 at 10:19 am to
I'm trying to decide. Part of me knows a big correction is coming, but who knows when? Could be a day, a week or a year. My gut tells me the election fraud stuff could be a trigger, COVID resurgence, green investors not used to their stonk going down and not up. But if we get some big news released, SLI tanking short term during a correction may still be higher than current. If COVID hadn't been fricking my cash flow for the past year and a half, decisions would be easier. Hate to average up anymore, but if it gets close to $5.30 or lower, I'll for sure pull the trigger on a few more.

ETA-But I do have some nice dividend checks to reinvest from companies I don't plan holding long term. I've been putting most all of them into SLI. Guess I should keep with the plan. It's "free" money!!!
This post was edited on 7/26/21 at 10:22 am
Posted by Who_Dat_Tiger
Member since Nov 2015
24802 posts
Posted on 7/26/21 at 11:03 am to
quote:

Been pretty damn consistent. Especially with SLI, the press release on Tuesday am. Back up. I'd been tempted to just count on it and pull a few swing plays, but that shite never works for me. shite, SLI seems to open higher every morning, take a shite shortly thereafter until after lunch or so, then close up most days.



Watching it daily, it has been trendy. I especially expect to close higher this afternoon then where we are right now at 5.50. Monday’s have been worse and Tuesdays have been the strongest day the past few weeks now it seems.

Trying to decide if I should pull the trigger on more shares now at $5.5 or just hold out for 5 again.
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