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Started By
Message
re: Diving deeper on Standard Lithium?
Posted on 7/26/21 at 9:10 pm to bet84
Posted on 7/26/21 at 9:10 pm to bet84
quote:
One such energy source lies roughly two miles below the earth’s surface just one state away from us in southern Arkansas. Within the Smackover Formation is one of North America’s highest concentrations of lithium.
I don't know why he's calling lithium an energy source.
Galvanic is operating as Saltwerx and they name drop Standard Lithium on their website. I'm curious what relationship they have, if any, with SLI.
Saltwerx Secures 100,000-Acre Brine Prospect in Southern Arkansas
0
Posted on 7/26/21 at 9:24 pm to BallsEleven
quote:
I didn’t realize they had been buying in the area.
Somebody had been calling and sending letters. Nobody could ever tell me a name. May have been doing it through a different company or name. Lanxess shouldn't give a shite, they own over 4% of SLI with stock warrants for like 1.6% more or something? Win-win-win.
Posted on 7/26/21 at 9:27 pm to jimjackandjose
quote:
There is a lot said in that article without saying it
Galvanic gets a JV with SLI before Lanxness, watch out
Seems like a natural fit. Why waste time and money trying to reinvent the wheel if SLI has the goods. Partner with them, develop sites and make bank without risk of failing miserably. I've thought it odd about the name Saltwerx when the company that built the SiFT unit is called Saltworks. Not that they are connected.
Posted on 7/27/21 at 8:45 am to SmackoverHawg
Jumping off a cliff again this morning.
This ain’t as fun on the way down. Thought we’d have some correction during the no news period but didn’t think it would just nosedive day after day like this.
This ain’t as fun on the way down. Thought we’d have some correction during the no news period but didn’t think it would just nosedive day after day like this.
Posted on 7/27/21 at 8:49 am to Fe_Mike
Low volume and a stock that's not on many people's radar yet. Making my buy decisions based on the $6.50 PT.
Have to think some big news is coming since they were granted the emergency waiver for immediate trading. I haven't seen anything news I would consider huge yet.
Have to think some big news is coming since they were granted the emergency waiver for immediate trading. I haven't seen anything news I would consider huge yet.
Posted on 7/27/21 at 8:50 am to Fe_Mike
quote:
Jumping off a cliff again this morning.
Next support is around 5.35. If it doesn’t hold that we could see a significant dive. Today the entire market is down, so it’s not specific to SLI.
Posted on 7/27/21 at 8:53 am to SmackoverHawg
I think volume was about 50% yesterday. Will be less than that today.
Posted on 7/27/21 at 8:55 am to Hogwallop
It seems to be following the Russell and other small caps right now. There's probably algos attached to it and not much retail action.
Posted on 7/27/21 at 9:14 am to go ta hell ole miss
I mean if you really like a stock, today is the day you buy, greater market pull downs are when you buy, not when it's losing momentum on its own or when it's up and your fomo'ing.
Think UPS earnings spooked everyone, but it'll pop up. Everyone is freaking out about shutdowns when the death numbers are microscopic compared to last year, im not worried, this fear is manufactured.
Think UPS earnings spooked everyone, but it'll pop up. Everyone is freaking out about shutdowns when the death numbers are microscopic compared to last year, im not worried, this fear is manufactured.
Posted on 7/27/21 at 9:41 am to Pendulum
quote:
I mean if you really like a stock, today is the day you buy,
I own the stock and believe in it, but I am not buying here. Teetering on a significant leg down if it breaks 5.35 support. The downside outweighs the upside and there is a strong possibility it could move back below $5 on the next leg down if the market doesn’t reverse really soon. The next support is $5.20 and then $4.75. Too much risk for me to buy more here.
Posted on 7/27/21 at 9:46 am to go ta hell ole miss
Today makes more sense than every time it popped and people were in here saying "added 200 more, let's keep this going" etc, etc, that was my point, I always leave powder for broad market events; and when I look back at all my best cost basis; it was all on days when the market was crashing; shite I happened to buy like 50 shares of BX on Mar 23 (not balling money but it 3x for me); that is when you make progress against the indexes, not chasing. Even if your scenario plays out, better now than last week, the pain is only multiplied.
This post was edited on 7/27/21 at 9:52 am
Posted on 7/27/21 at 9:50 am to go ta hell ole miss
quote:
eetering on a significant leg down if it breaks 5.35 support. The downside outweighs the upside and there is a strong possibility it could move back below $5 on the next leg down if the market doesn’t reverse really soon. The next support is $5.20 and then $4.75. Too much risk for me to buy more here.
Agreed for those in much lower. I'm gonna wait and watch.
Posted on 7/27/21 at 9:57 am to Fe_Mike
Posted on 7/27/21 at 10:08 am to SmackoverHawg
Not gonna be able to buy the Christmas shoes if this keeps up
Posted on 7/27/21 at 10:13 am to Fe_Mike
Posted on 7/27/21 at 10:19 am to go ta hell ole miss
quote:
Today the entire market is down, so it’s not specific to SLI.
SLI is taking a bigger hit than anything else in my portfolio today
Posted on 7/27/21 at 10:33 am to el Gaucho
I’m back to fishing in my kayak guys. Had to sell the bateau
Posted on 7/27/21 at 10:37 am to Toula
quote:
It seems to be following the Russell and other small caps right now. There's probably algos attached to it and not much retail action.
The only thing it's following is the O'Doyle family car off a cliff.
Posted on 7/27/21 at 10:40 am to Fe_Mike
I put my money where my mouth is and added 150 at 5.05. I 100% guarantee it will do better than anyone's position bought in the last week and a half or so. 
Have like 2.3k shares now at $3.75 avg
Have like 2.3k shares now at $3.75 avg
This post was edited on 7/27/21 at 10:43 am
Posted on 7/27/21 at 10:58 am to Pendulum
I’m averaged all the way up to $4.10 now. Not happy about it considering I was buying below $3. Now I have a ton of shares and exposure if this crashes along with market.
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