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re: Diving deeper on Standard Lithium?

Posted on 1/14/21 at 4:41 pm to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41111 posts
Posted on 1/14/21 at 4:41 pm to
quote:

I think it will be $16-20 by end of year, it will bump once Lanxess has time to vet it all and do their due diligence.



If I read the website right, it appears they are extracting lithium from an existing brine operation as a byproduct. I'll be buying on pullbacks. Wish I had grabbed some more today.
Posted by Ballstein32
Member since May 2020
365 posts
Posted on 1/14/21 at 7:48 pm to
I wonder collectively, how much the TD's money talk board owns of this company. Lol
This post was edited on 1/14/21 at 7:49 pm
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/14/21 at 8:22 pm to
A substantial amount
Posted by Auburn1968
NYC
Member since Mar 2019
19475 posts
Posted on 1/15/21 at 8:36 am to
SL dipped this morning down to 2.6.

Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 1/15/21 at 8:41 am to
Yeah anyone know of any news that would make it drop 10%.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3081 posts
Posted on 1/15/21 at 8:45 am to
quote:

SL dipped this morning down to 2.6.


Sweet! Patience has paid off.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41111 posts
Posted on 1/15/21 at 8:50 am to
quote:

Sweet! Patience has paid off.



Glad I missed yesterday. Picked up another 500 shares today. The green energy push should take these companies higher whether they deliver or not.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 1/15/21 at 9:06 am to
Apparently Stifel Canada downgraded STLHF to a hold and that could be part of the reason for the drop we're seeing here.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10398 posts
Posted on 1/15/21 at 9:11 am to
quote:

Apparently Stifel Canada downgraded STLHF to a hold and that could be part of the reason for the drop we're seeing here.




I'll hold more shares on this drop. I didn't think we would see sub $3 again.
Posted by Fe_Mike
Member since Jul 2015
3131 posts
Posted on 1/15/21 at 9:59 am to
Getting worked over the past two days.

Technically, it doesn't look terrible as long as we hold $2.50. Looks to be a retrace to the moving average trendline. Should skirt $2.50 and start heading back up.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 1/15/21 at 10:01 am to
First time I’ve been in the red on this one
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41111 posts
Posted on 1/15/21 at 10:03 am to
quote:

Technically, it doesn't look terrible as long as we hold $2.50.



Hope you're right. Seems to be holding $2.56
Posted by SmackoverHawg
Member since Oct 2011
27331 posts
Posted on 1/15/21 at 10:24 am to
quote:

I'll hold more shares on this drop. I didn't think we would see sub $3 again.


This has been the pattern. Hit a new high, pull back, stabilize, then without notice big monday/tuesday buys come in and it hits a new high and repeats. With market down, political unrest and no changes in their business in near future we could see a deeper dip. But at this point, most of us that have been accumulating shares are in for the long haul and won't be selling. Not sure will I will nab some more. Looking at several others stocks as well and with my Dad's passing, having to handle our businesses, funeral planning, and now helping my mom with estate planning/insurance etc. I'm kinda sidelined unless I see bargains I just can refuse.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 1/15/21 at 10:37 am to
Got 3200
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 1/15/21 at 10:39 am to
Good luck with that. We went through it suddenly a little over a year ago with a much less complication (I assume) and it’s still a pain in the arse.
Posted by SmackoverHawg
Member since Oct 2011
27331 posts
Posted on 1/15/21 at 10:42 am to
And while going over all their stuff, when I told dad to get 25k shares at $.40...my misunderstood and got $25,000 worth. Did the same on my initial buy. Costs me $.03/share as mine went through after. She apparently did the same on MTDR at $1.80 that just hit $16.25.

You'd have to know my mom to get it. Any "mistake" she makes seems to turn to gold. Only 64, born to a poor dirt farmer and raised without indoor plumbing until just before starting high school, she's now a damn tycoon and still the same simple country girl from Hazen AR she's always been. I don't think she can grasp her current situation. I told her I'm gonna have to give her an allowance so she don't spoil her great kids and new great grandson to shite. Hell, she tried to pay off 3 vehicles I just bought through my businesses and had to insist "NO!!!". And that's why Dad made me executor.

So Mom Country girl gonna be lithium, oil, and timber magnate.

The she shows me last night a manila folder and asks in her uniquely country voice, "Is this anything?"....Ummm, yes mom, this is another substantial whole life insurance policy dad maxed out in 1999 and is funding it's self plus some cash value. "Is that these dividend checks I've been getting?". Yes it is. "What's that mean?". She almost shite and passed out. And we still haven't been to safe deposit box at bank. Damn dad been sandbagging me!!!! I was worried about his retirement so me and mom had been investing behind his back and I had bought and given him more shares of STLHF and others. Well played Old Man.

Sorry for wall of text, got diarrhea of the fingers after I got to typing and thinking about it.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41111 posts
Posted on 1/15/21 at 10:53 am to
Contrast that with my mom who lives in a house that I bought her collecting what little SS she can. Not sure what she will do if she has a major event much less leaving anything for posterity.
Posted by GREENHEAD22
Member since Nov 2009
19595 posts
Posted on 1/15/21 at 11:11 am to
I have doubled my $ but went very small on the initial buy.

Said screw it and sold most of the dogs I have been holding to make a large purchase of BB.

If this goes down to 2.50 I am thinking I should load up.

On another note I took a flyer on Reconnaissance Energy Africa and it has paid off.

I thought about bringing it to the board but didn't. If they hit it has huge upside.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 1/15/21 at 11:51 am to
Picked up 1700 shares on the dip
Posted by PotatoChip
Member since May 2014
3498 posts
Posted on 1/15/21 at 11:52 am to
Bought yesterday and picked up another 1k shares today at 2.55.
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