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re: Diving deeper on Standard Lithium?

Posted on 8/26/21 at 7:07 am to
Posted by el Gaucho
He/They
Member since Dec 2010
56835 posts
Posted on 8/26/21 at 7:07 am to
It’s green!

Went to the watering hole yesterday and there wasn’t a single girl there

Save us mr mintak!
Posted by el Gaucho
He/They
Member since Dec 2010
56835 posts
Posted on 8/26/21 at 7:40 am to
shite fellas I’m getting weak

All of at’s picks and assorted white boy summer picks are ripping right now and my white boy winter bomb shelter (sli) is floundering

A man could do well with 200+k into a quick 20% at pick flip
Posted by Who_Dat_Tiger
Member since Nov 2015
22366 posts
Posted on 8/26/21 at 7:49 am to
Damn down to 5.90


5s got me puckered. I could handle 6+
This post was edited on 8/26/21 at 7:50 am
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 8/26/21 at 7:51 am to
Looking like another rough day. Yikes.

This is taking on water with a quickness.
Posted by CollegeFBRules
Member since Oct 2008
24785 posts
Posted on 8/26/21 at 7:56 am to
I dumped half yesterday at 6.10. Initial investment is safe. I’ll buy this thing back when the anchor starts to lose its pull.
Posted by molsusports
Member since Jul 2004
36672 posts
Posted on 8/26/21 at 8:01 am to
quote:


All of at’s picks


Yucky

quote:

white boy summer picks


I'm afraid to ask


Anyway, it looks like a negative start to the day. I'm going to try and free up another 5 or 10k to buy more if we drop below $5.50. I figured those opportunities had passed me by already
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/26/21 at 8:05 am to
Someone on ST was saying that this having options trading now allows the MM’s to manipulate it as they can hedge their exposure now. Not sure if I but that theory but who knows.

Sucks big time to see other lithium stocks chugging along and this one taking on water.
Posted by el Gaucho
He/They
Member since Dec 2010
56835 posts
Posted on 8/26/21 at 8:06 am to
Damn I knew I shouldn’t have gone all in on smackcient tiger picks

ETA: white boy summer is an economic theory that states that at some point money pours into the otc and we all get rich

Last time the volume on the otc was 3x nasdaq for 2 weeks
This post was edited on 8/26/21 at 8:08 am
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1353 posts
Posted on 8/26/21 at 8:10 am to
I think we are due for some real news from Mr. Mintak.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 8/26/21 at 8:13 am to
When you’re a young company, a lack of updates will absolutely murder your stock price. PR is huge for keeping confidence levels high and when the company isn’t communicating, retail gets scared and jumps ship.

There is no revenue and no track record for delivering shareholder value at this level. You go two months with releasing an update and the market will let you know.

That being said, nothing has changed. It sucks to watch but just looks like a buying opportunity. The project economics were already verified, the process was qualified, still feels like we’re just waiting for the ink to dry on the JV. And while we do that, there are other irons in the fire. $6-7 is the correct range for us until updates comes out. Thought $8 was overbought and strongly feel $5 is oversold.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 8/26/21 at 8:27 am to
Geez this might hit $5.50 this morning.
Posted by molsusports
Member since Jul 2004
36672 posts
Posted on 8/26/21 at 8:28 am to
quote:

white boy summer is an economic theory that states that at some point money pours into the otc and we all get rich


So it's not going all in on Coppertone and jorts stocks? Bummer

BTW, if you were to start a rogue stock discussion board under the name El Gaucho there's an outside shot of becoming an internet celebrity. Your big pick of the day could be your hot tamale or big burrito
Posted by GeauxldMember
Member since Nov 2003
4979 posts
Posted on 8/26/21 at 8:34 am to
quote:

Geez this might hit $5.50 this morning.


Hard to watch, but I’ve got a big buy order in if it happens.
Posted by SmackoverHawg
Member since Oct 2011
28959 posts
Posted on 8/26/21 at 8:39 am to
quote:

Geez this might hit $5.50 this morning.


And if it does, I'll be loading up. This is the same company people were willing to pay $9+ for just recently. No bad news, no changes. Options became available and we were going to see volatility increase. I'm adding if it gets there. Hell, how many people thought they were getting bargains in the low $7's?

<-this guy did.

I've heard or seen nothing that gives me pause, just the price decrease, of course when there are no updates/news investors start assuming the worst. When others are fearful, but greedy. When others are greedy, be fearful.

Just my opinion. Sorry I don't have any additional info or guidance. Work is ongoing. Trucks in and out of Tetra site daily. Lots of activity at/near Lanxess' old Newell site. Nothing any better or worse than a month ago.

ETA- Downvote this 8====>
This post was edited on 8/26/21 at 8:49 am
Posted by GeauxldMember
Member since Nov 2003
4979 posts
Posted on 8/26/21 at 8:50 am to
Nice pep talk!!!
Posted by Auburn1968
NYC
Member since Mar 2019
23102 posts
Posted on 8/26/21 at 8:51 am to
I'd be buying now, but for lack of cash. Holding solid.
Posted by el Gaucho
He/They
Member since Dec 2010
56835 posts
Posted on 8/26/21 at 8:54 am to
Make mintak say something

It’s so hard to overcome slis daily drag down but luckily it’s getting to be a smaller portion of my portfolio
Posted by LChama
Member since May 2020
2673 posts
Posted on 8/26/21 at 8:55 am to
Will buy back in at 4.50
Posted by SmackoverHawg
Member since Oct 2011
28959 posts
Posted on 8/26/21 at 9:03 am to
quote:

Will buy back in at 4.50


May be wrong, but I don't think you're gonna see that. Unless we get more Biden fiasco's that scare the market and zero news or bad news, I don't see us dropping below $5. If it hits $5 there will be a ton of money waiting to snap it up. The shelf offering doesn't help. Although it may never be used, just the fact that it's hovering weighs on prices. Same as when they had the offering last December for $1.70. many sold and thought they'd get back it at $1.70. I warned them those shares were already spoken for. Don't think it ever dropped below $2, maybe briefly $1.95 or so.

I just suggest remaining flexible, but everyman/woman for themselves.
Posted by SmackoverHawg
Member since Oct 2011
28959 posts
Posted on 8/26/21 at 9:11 am to
quote:

I'd be buying now, but for lack of cash. Holding solid.


I'm hesitant only because of my fear of the overall market. People that were SURE they could quit their job at the sawmill and make a living trading stonks and crypto are getting a wake up call. Many have doubled, and tripled down. Now they are maxed out, bills due and stonk down. Lots of people locally jumped in SLI late in the game after seeing friends make bank. Panicked when it dropped and sold. Some have repeated this losing strategy about 4 or 5 times.

If I was starting a position, now would be a good time. It will be nine again before too long. Sorry no more predictions on when. May be tomorrow, may be next month. Their quarterly report is sometime in mid september I believe.

I'd buy now if I hadn't bought a chunk at the bargain price of $7.15. Really don't want to average up too much from where I am. I do have the advantage of buying the vast majority of my shares below $1.00. So, I have more room to play than others. And it would cost me a shite ton to really add enough to make a big difference.

ETA-told my daughter to watch. If we see a morning sell off like usually, buy some before the pick up we see at noon.
This post was edited on 8/26/21 at 9:13 am
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