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re: Diving deeper on Standard Lithium?

Posted on 9/22/21 at 9:52 pm to
Posted by SouthMSReb
Member since Dec 2013
4612 posts
Posted on 9/22/21 at 9:52 pm to
quote:

cannot believe I am having to justify taking 27% profits


You don’t have to justify anything, it’s your money.

However, what the frick did you expect on a thread literally dedicated to the stock?
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/22/21 at 10:04 pm to
I think if you sell you have to send back your SLI hats and shirts!
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 9/22/21 at 10:22 pm to
Maybe I wouldn’t be flipping shares if I had a free camo hat

Sitka ain’t cheap baw
Posted by go ta hell ole miss
Member since Jan 2007
14026 posts
Posted on 9/23/21 at 5:22 am to
quote:

However, what the frick did you expect on a thread literally dedicated to the stock?


It’s a thread about making money off the stock, not some undying loyalty to it. When is it satisfactory to sell? If it goes to $20 and people think it will go to $30 will there be complaining about selling? What about $25? When is it okay to sell shares for a profit to this thread? Only when it goes to $30? Three weeks ago several diehards, IN THIS THREAD, were close to bailing on this thing if it went back below $5, so they did not give up their gains. Now there is suddenly a diamond hand requirement?

What did I expect? I really expected more people to do the same if they were similarly situated. It’s already given up 1/2 the gains from the Cramer effect in 12 hours. At this rate I’ll buy back in with 10% more shares by mid-morning with no tax hit and only an additional three weeks to have to hold for LTCG. I certainly did not expect to be cursed out by people like you. God bless you, though, and good luck in the way you choose to trade it.
This post was edited on 9/23/21 at 6:02 am
Posted by Who_Dat_Tiger
Member since Nov 2015
22230 posts
Posted on 9/23/21 at 5:59 am to
Not a big deal, the buys and sells AH from the Cramer bounce aren’t going to have any long term effects on the company and share price. I have my shares in one acct I’m not touching until they are long term cap gains or the stock hits $20 minimum, and I have about 20% of my shares I swing trade in another acct.

I sold all my dedicated swing shares at $8 during the show last night. Trying to get back in this morning at $7.25 and if I do then I’ll have that many more shares plus what I saved is greater than what I’ll pay in short term cap gains so it’s a win-win for me with those shares. Nearly hit already premarket, just missed it by 6 cents. We’ll see what happens at open.
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/23/21 at 6:15 am to
Y'all are fortunate that the Tetra PEA PR didn't drop overnight. I guess it's not too bad a thing in the long run if y'all end up holding more shares from your flipping from the Cramer effect. To each their own...
Posted by SouthMSReb
Member since Dec 2013
4612 posts
Posted on 9/23/21 at 6:22 am to
It’s really not that big of a deal, dude. I’d assume most people are just busting your balls. Highly doubt anyone is actually upset about you making some tax free gains.

Just wish my fellow shareholders were investors instead of traders!! LONG SLI
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 9/23/21 at 6:28 am to
quote:

Not a big deal, the buys and sells AH from the Cramer bounce aren’t going to have any long term effects on the company and share price.


Normally I agree (and I do agree on the Company), but I do not necessarily agree with a pre revenue development stage Company like SLI in terms of share price in the medium term.

For example, if the PEA dropped when the stock was $7.90, I think the reaction would be a jump in price. The end result would be a higher stock price then if the stock was $5.50 when the news dropped, because the pre revenue like this the totality of the stock price is not solely driven by fundamentals and DCF calcs.

And we all know significant news on two fronts is imminent.

*shrug* long term does not matter, but I wish there was not so much liquidity anytime this starts climbing the stairs - illiquidity could be our friend. I have been a little surprised the last few weeks how many asks flow with mild stock appreciation - I overshot the dedication level with the stock.

But as I said last night - not my business how people take profits - all the power to each and everyone and I hope we all make out like bandits.
Posted by Shepherd88
Member since Dec 2013
4799 posts
Posted on 9/23/21 at 6:41 am to
I’m in for 7500 shares personally. Started buying at $1 and last buy was around $4. Haven’t sold anything.

Did get some overweight flags in my account so I transferred some shares to my kids accounts that I don’t plan to sell for at least 5+ years.
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/23/21 at 6:41 am to
quote:

Did get some overweight flags in my account


How does that work? I'd tell them to mind their own business!
Posted by SouthMSReb
Member since Dec 2013
4612 posts
Posted on 9/23/21 at 6:43 am to
Sitting on 1,400 @ 6.45
Posted by el Gaucho
He/They
Member since Dec 2010
56754 posts
Posted on 9/23/21 at 6:53 am to
E*TRADE doesn’t do overweight flags. They’re much more progressive in regards to people of size

I have had a margin call since the uplist that I can’t make go away
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/23/21 at 7:04 am to
Your jokes are getting better here recently, I really liked the one comparing SLI holders to Israelites and the LLKKF holders to the Palestinians.
Posted by GeauxldMember
Member since Nov 2003
4966 posts
Posted on 9/23/21 at 7:07 am to
quote:

Your jokes are getting better here recently


Practice makes perfect…
Posted by Shepherd88
Member since Dec 2013
4799 posts
Posted on 9/23/21 at 7:16 am to
It’s a managed account that I have it in. Most fiduciary accounts will have an algorithm to it to try and keep it balanced in IPC guidance. It’s not a must but more of a suggestion. If it strays too far outside of guidelines then more questions are asked about the right type of account and such.
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/23/21 at 7:19 am to
Which brokerage company is that with?
Posted by LChama
Member since May 2020
2647 posts
Posted on 9/23/21 at 7:24 am to
Did cramer get into specifics of why it is the “most exciting stock hes seen in a while”
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/23/21 at 7:28 am to
Not exactly. I thought the interview could've focused a lot better on the environmentally friendly aspects of SLI's process, to be honest. But Cramer was going back and forth a bit too much for Mintak to focus as much as he could have I think. I would've liked to have heard more about the JV timelines as well but Cramer didn't ask about that. Cramer made it sound like the process wasn't necessarily proven yet, which I think Mintak should've pushed back on more and talked about how the pilot plant has been running for a year.
Posted by Shepherd88
Member since Dec 2013
4799 posts
Posted on 9/23/21 at 7:34 am to
Well I’m an advisor and CFP® So I’d prefer not to disclose where I work. But I’m putting my own money into the same types of managed accounts I put my clients in. If I’m gonna recommend it to them I’m gonna do it myself.
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/23/21 at 7:37 am to
Ah ok I understand. Yeah no problem on not disclosing!

When I went into the Fidelity office to sign up for the Fully Paid Lending program, the rep there was looking at my account and was like "holy sh** you have a ton of SLI." At first he was acting like I was a fool to have that much, then by the time I got done explaining the company to him he was taking notes, lol.
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