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re: Diving deeper on Standard Lithium?

Posted on 8/16/21 at 2:58 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
23117 posts
Posted on 8/16/21 at 2:58 pm to
The debacle in Afghanistan isn't helping the market's mood either.
Posted by Shamoan
Member since Feb 2019
11543 posts
Posted on 8/16/21 at 3:54 pm to
someone explain to me why there is always such movement AH for this stock. it always seems to be in one direction. is this on large volume or just late trades that are executed to push the price up intentionally?

maybe today isnt a great example, but there looks to be a big move late many days over the last few weeks.
This post was edited on 8/16/21 at 3:56 pm
Posted by el Gaucho
He/They
Member since Dec 2010
56864 posts
Posted on 8/16/21 at 4:14 pm to
I used to work on Wall Street baw, tigerdroppings is blocked by most of the Wall Street firms’ internet filter and they’re not really allowed to get on their phones due to secrecy at the hedge funds and all

Most of the big Wall Street guys gotta wait til they clock out to read my posts baw
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/16/21 at 6:30 pm to
Well today sucked baws. Let’s hope the JV PR is riding to the rescue.....
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/17/21 at 5:43 am to
Might go sub $6 today based on the pre market and German markets....
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 8/17/21 at 5:49 am to
Yeah, the ride hasn’t been fun since middle of last week. She’s taking on water.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/17/21 at 5:51 am to
Long term damage starting to get done to the charts if we go sub $6.... hate to see our beautiful uptrend broken.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 8/17/21 at 6:17 am to
Yeah, just have to remember absolutely nothing has changed from a business standpoint. Unless we get bad news I'm content with sitting on my shares.

Of course that ride would be much more fun if it was going up or at least holding steady.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/17/21 at 6:19 am to
Yeah I said no more shares for me but if it goes sub $6 I may think about adding.
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 8/17/21 at 6:23 am to
We gotta start going to church during the week now too.
Posted by Stiles
Member since Sep 2017
3452 posts
Posted on 8/17/21 at 7:00 am to

I’ll be chanting all day, baws. Do your part!
Posted by el Gaucho
He/They
Member since Dec 2010
56864 posts
Posted on 8/17/21 at 7:01 am to
Nancy pelosi was on msnbc this morning bragging how she’s made like 20 million this week shorting sli and how she’s gonna use the money to sponsor her new gun control bill

She said, “Special thanks to those baws on tigerdroppings in the share borrowing program! I hope they enjoyed their 30 cents!”

Posted by slackster
Houston
Member since Mar 2009
89759 posts
Posted on 8/17/21 at 7:05 am to
quote:

Yeah, just have to remember absolutely nothing has changed from a business standpoint. Unless we get bad news I'm content with sitting on my shares.

Of course that ride would be much more fun if it was going up or at least holding steady.


To be fair, it seems like you could say the same thing when it was at $4. Uplisting in and of itself doesn’t really mean anything for the business.

I’m in at $6.67 from a few weeks ago, but it’s not like there is a ton of news to support this $1B valuation. You’re really just holding out for news to justify the price - same as me.
This post was edited on 8/17/21 at 7:10 am
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 8/17/21 at 7:06 am to


I appreciate that you never change your schtick.
Posted by el Gaucho
He/They
Member since Dec 2010
56864 posts
Posted on 8/17/21 at 7:08 am to
Cmon bro the car already hit us let us die before you start pulling the meat off
Posted by supadave3
Houston, TX
Member since Dec 2005
31143 posts
Posted on 8/17/21 at 7:23 am to
Gonna be an ugly day in the markets. Bled red yesterday and likely to do it all over again today.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 8/17/21 at 7:30 am to
I mean unless this just goes meme status my plan is to hold for a year anyways so this doesn't bother me
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/17/21 at 7:54 am to
Can you explain more what you meant by emergency uplist? Been a month now since uplisting with no JV PR yet, so curious why it was considered urgent?
Posted by SmackoverHawg
Member since Oct 2011
28970 posts
Posted on 8/17/21 at 8:00 am to
quote:

Can you explain more what you meant by emergency uplist? Been a month now since uplisting with no JV PR yet, so curious why it was considered urgent?


They requested waiver of 30 day wait period before being traded on NYSE and was granted the waiver. Supposed to be for protection of investors, implying something big is coming and it didn't need to be stuck in otc land where the big institutions could buy. I know some Lanxess employees that couldn't but it until it was uplisted. I think others, like me, thought for sure news was coming last week. Don't know, but I suspect that's contributing to big run up then drop. No new info I know of, good or bad, work still going on daily.
Posted by Fe_Mike
Member since Jul 2015
3540 posts
Posted on 8/17/21 at 8:06 am to
Yup, I think the drop just correlates to the general market/lithium market drop, and is compounded by this period of no news.

From a technical standpoint, a 20% correction after climbs has been “regular” for Standard. If we close $6.50 today that keeps us fairly in line with what we’ve seen in the past. Closer to $6 may be ominous.

TA probably less impactful because of anticipation of news at this point. Fundamentals and risk will drive this more til the next news cycle.
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