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re: Diving deeper on Standard Lithium?

Posted on 9/23/21 at 9:43 pm to
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1298 posts
Posted on 9/23/21 at 9:43 pm to
quote:


Honestly once the JV is executed then the main risks left at that point are lithium prices, how fast the lithium gets depleted from the brine water, and just broader market conditions.

Gonna be in a pickle where to redeploy my SLI funds when the time comes to sell.


Ditto. This is a once in a lifetime opportunity IMO. Certainly for me.
If this thing continues to pan out.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 9/23/21 at 9:43 pm to
quote:

Gonna be in a pickle where to redeploy my SLI funds when the time comes to sell. Go back into index funds? Have done reasonably well with my other speculative stocks but nothing compared to this one. I like the 50+ bagger or bust plays like ASTS and HUMA, but you can only place small size bets on any one of those types as the odds of them going bust are so high. In my mind ORGN probably ends up being the next SLI for me.



I like Tesla. And Walmart. Order online from Walmart and from Amazon prime and see which one you get first. Amazon's service is going to shite and WM's online game is legit. I think they're letting Amazon waste shite tons on distribution centers and then gonna kneecap them when they've spent all that money. I may be crazy, but that's what I'd do if I was WM and let myself fall behind in the online market place. Tesla isn't just a car company. I was a huge skeptic but have become a believer.

Most of mine will go into funds and the above assuming no big changes. Then look for small companies like SLi to take swings with. By getting in early, by luck of location, I was able to build a large position in SLi for a relatively small amount. I'm hoping to have the flexibility in the future to investigate upstart companies with potential first hand. It's one thing to read about them. It's another to go there and see it in the flesh.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 9/23/21 at 9:47 pm to
quote:

Im not trying to shite on this. Im trying to make money on it. Just pointing out the things I see from someone in the biz


I didn't take it that way. Those are legitimate questions. The young'uns are doing the busy work. The process, once built out, should essentially run itself if it is what they say it is.

I'm more than happy to hear input from people in the business. I'm very much around it, but not in it. And there's some things I can't expound on. They young fellows are collecting data and executing/overseeing what the big dogs design.

ETA-I don't want to discourage any questions/concerns or differing viewpoints. Levity is needed sometimes. Sometimes we slip on the rose colored glasses without realizing it. But that can happen when you see your baby grow from a $.37 penny stock to uplisting to the NYSE and being highlighted on Mad Money with a strong buy from Cramer (whom I despise). I'll admit, seems too good to be true sometimes and you need a reality check to make sure you're not deluding yourself.
This post was edited on 9/23/21 at 10:01 pm
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1298 posts
Posted on 9/23/21 at 10:07 pm to
quote:


I like Tesla. And Walmart. Order online from Walmart and from Amazon prime and see which one you get first. Amazon's service is going to shite and WM's online game is legit. I


I just questioned my wife about this.
She totally agrees with your observation.
Thanks for the tip.
But all my jack is in SLI right now
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 9/23/21 at 10:57 pm to
quote:

But all my jack is in SLI right now


Mine too. I say I'm done buying, but look around and we get a price drop that makes it too good to pass up. I hold quite a bit of Lanxess as well. It was a hedge bet if SLI didn't pan out. Was way down with market crash and recovered nicely. Pays a small dividend and I think the changes they've made to make things more efficient from the bromine perspective will start playing out nicely. If SLI takes off, they take off. If SLI went to shite, there still a solid place to have put my money. They've lagged most all my other plays, but their story isn't over.

Long term and looking at early retirement, I like WD-40 at the right price and WW Grainger. I've got quite a bit of oil/gas stocks that I will be paring down over the next few years. Tesla is revolutionizing the industry. Look at the improvements they've made in the past 10 years. And I'm in a oil and gas dependent area. When oil's up, I'm rolling too. But to see what Elon has done with Tesla, Space X, Starlink, and the Boring company is amazing. Anybody betting on Bezos over Musk don't appreciate real genius and innovation. I like Etsy too. Haven't started a position yet except in mutual funds, but I like a marketplace for craftsmen that bypasses traditional retail and gives them a worldwide market.

I won't give my money to Amazon if I KNEW it was going to 25k/share in the next year. frick them and Bezos' bald arse head.
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 9/23/21 at 11:01 pm to
For medical, I'm looking for someone incorporating telemed, brick and mortar prime practices and incorporating AI. Teledoc, and the other brainics can't beat me at my own game. I can do telemed. But I can also sew your arse up, treat fractures, fishing hook mishaps, industrial medicine, and all the shite you really need. Find that company...buy the shite out of it.
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/24/21 at 5:22 am to
$15 option strike just opened up!
Posted by Pierre
Baton Rouge
Member since Nov 2005
5382 posts
Posted on 9/24/21 at 5:58 am to
What’s the premium and strike date on something like that?

If I purchase a $15 call and say it goes up to $12 before strike expiration how do I call it in?

If it goes past expiration and is past $15 does it automatically become mine or do I have to “finish the transaction”. In other words could you set it and forget it ?
Posted by el Gaucho
He/They
Member since Dec 2010
56743 posts
Posted on 9/24/21 at 6:09 am to
Idk man

I don’t like investing in companies that are gonna change the world because they never do

Give me a company that wants to be quietly killing it

Why is this down 5%
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/24/21 at 6:20 am to
quote:

What’s the premium and strike date on something like that?

If I purchase a $15 call and say it goes up to $12 before strike expiration how do I call it in?

If it goes past expiration and is past $15 does it automatically become mine or do I have to “finish the transaction”. In other words could you set it and forget it ?


Premiums are unknown as they haven't traded yet. Strike dates are on various months spanning from October to April '22 at the moment. You can't exercise it unless it trades above $15 in this example. I think you have the option at expiration to close it out and just collect the profit (if it finishes in the money), or actually pony up the money to buy the shares at that price.
This post was edited on 9/24/21 at 6:24 am
Posted by el Gaucho
He/They
Member since Dec 2010
56743 posts
Posted on 9/24/21 at 6:41 am to
quote:


Baw, I’m like 78% sure papa is scheming to keep your wick dry or deep in thrice divorced snatch

They probably think I should talk to 30 year olds
Posted by Tiger Prawn
Member since Dec 2016
23825 posts
Posted on 9/24/21 at 6:45 am to
quote:

If I purchase a $15 call and say it goes up to $12 before strike expiration how do I call it in?
Why would you exercise the option if the share price is trading at $12 and your call strike is $15? Just buy the shares at $12 or you could sell the option contract

quote:

If it goes past expiration and is past $15 does it automatically become mine or do I have to “finish the transaction”. In other words could you set it and forget it ?
Not sure about all brokers but Webull will automatically exercise options that are in the money if you hold to expiration. You would just need $1500 in available funds to cover the cost of buying the shares at the $15 strike. They have a “do not exercise” button if you didn’t want exercise though. If the option is out the money, then it just expires worthless

Posted by ThatsWhatSheSaid69
Member since Aug 2012
93 posts
Posted on 9/24/21 at 6:49 am to
quote:

Not sure about all brokers but Webull will automatically exercise options that are in the money if you hold to expiration.


Fidelity will automatically exercise the option as well if it’s in the money at expiration.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/24/21 at 8:21 am to
How you ballers feeling? Let’s have a Green day today.
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 9/24/21 at 8:27 am to
Posted by SmackoverHawg
Member since Oct 2011
28913 posts
Posted on 9/24/21 at 8:49 am to
Noticed VanEck has increased their holdings from just over 5 million shares to 5.7 million shares.
Posted by SouthMSReb
Member since Dec 2013
4612 posts
Posted on 9/24/21 at 8:53 am to
Institutions taking notice :eyeballs:
Posted by el Gaucho
He/They
Member since Dec 2010
56743 posts
Posted on 9/24/21 at 8:53 am to
I wish Sli corporate would get rid of Pride Fridays

It always makes the stock price go down and no way the mandatory rainbow frc is intrinsically safe
Posted by Shepherd88
Member since Dec 2013
4799 posts
Posted on 9/24/21 at 9:04 am to
According to Morningstar these are the top institutionial investors:

VanEck Rare earth etf 5,615,903 shares
Thematic future mobility 1,127,660 shares
Us global investors res 385,000 shares
Purpose Canadian eq grwth 136,800 shares
Atlant green tech metals. 25000 shares
This post was edited on 9/24/21 at 9:10 am
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/24/21 at 9:29 am to
VanEck ain’t messing around!
This post was edited on 9/24/21 at 9:44 am
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