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re: Diving deeper on Standard Lithium?

Posted on 9/29/21 at 3:03 pm to
Posted by Shamoan
Member since Feb 2019
11447 posts
Posted on 9/29/21 at 3:03 pm to
im doing an ivermectin muscle pre-soak...getting ready to throw at the Maple Sonic.
Posted by PotatoChip
Member since May 2014
4188 posts
Posted on 9/29/21 at 3:04 pm to
3.9 million was traded. The action didn’t move the price though. Could that be an executed share offering right after close? That would explain a little of the price movement toward the end of the day.
This post was edited on 9/29/21 at 3:05 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 9/29/21 at 3:04 pm to
I go give a presentation and we fall a dollar?
Posted by bayoubengals88
LA
Member since Sep 2007
21054 posts
Posted on 9/29/21 at 3:05 pm to
quote:

something has happened. This didnt just dive outta the blue.

Not likely. Everything on my watch list plummeted. Just a big sell off.

I tried to sell today and buy back. Didn't work. Happy to accumulate at these levels. Know what you own.
Posted by bass
Member since Oct 2016
4391 posts
Posted on 9/29/21 at 3:08 pm to
quote:

Happy to accumulate at these levels

I keep seeing people say this... at what point do you run out of money like I did millions of trades ago?
Posted by Shamoan
Member since Feb 2019
11447 posts
Posted on 9/29/21 at 3:08 pm to
The action didn’t move the price though

Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/29/21 at 3:09 pm to
Yeah seems like an offering at that close for that volume not to move the price.
Posted by el Gaucho
He/They
Member since Dec 2010
56721 posts
Posted on 9/29/21 at 3:09 pm to
Stonks ghey bruh
Posted by bayoubengals88
LA
Member since Sep 2007
21054 posts
Posted on 9/29/21 at 3:11 pm to
quote:

I keep seeing people say this... at what point do you run out of money like I did millions of trades ago?

I have no liquidity outside of emergency fund, but I invest once a month.

When I decide to sell AUPH I will be and buy all of my favorite stocks no matter the price.
ALBO, AKBA, SLI, and I'll take a shot at ASTS
Posted by PotatoChip
Member since May 2014
4188 posts
Posted on 9/29/21 at 3:12 pm to
They may have closed on offering hoping the PEA would offset any price decline...if that’s what happened.
Posted by go ta hell ole miss
Member since Jan 2007
14026 posts
Posted on 9/29/21 at 3:13 pm to
quote:

something has happened. This didnt just dive outta the blue.


The whole market tanked in the last 30 minutes to hour of trading (even WKHS and HMBL were down).
This post was edited on 9/29/21 at 3:19 pm
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 9/29/21 at 3:14 pm to
quote:

3.9 million was traded. The action didn’t move the price though. Could that be an executed share offering right after close?


If so, I'm very surprised it happened before PEA and to a lesser extent JV. Timing seems strange to me, suspicious.
Posted by bayoubengals88
LA
Member since Sep 2007
21054 posts
Posted on 9/29/21 at 3:17 pm to
quote:

If so, I'm very surprised it happened before PEA and to a lesser extent JV. Timing seems strange to me, suspicious.

Never be shocked at a huge drop in share price prior to positive news. Big money likes to shake retail out as they buy our shares for cheap.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 9/29/21 at 3:22 pm to
quote:

ever be shocked at a huge drop in share price prior to positive news. Big money likes to shake retail out as they buy our shares for cheap.


I'm surprised at the possibility of a share offering before the PEA
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/29/21 at 3:26 pm to
Yeah and Mintak said that they weren’t planning to use the offering soon in that shelf offering PR.

Sucks to see this continue to crater after hours, yuck.
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 9/29/21 at 3:30 pm to
3 million shares could be dark pools reporting - see this phenomenon in SOFI, GENO etc …..

Trades happen in the pools
And then they get reported en masse at end of day. Hence do immediate impact on price and occurrence right at end
Posted by GeneralLee
Member since Aug 2004
13875 posts
Posted on 9/29/21 at 3:32 pm to
Yeah if they had used the offering I’m thinking we would have seen a PR after hours by now…
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 9/29/21 at 3:33 pm to
That sounds better, now lets get the release before tomorrow.
Posted by Shamoan
Member since Feb 2019
11447 posts
Posted on 9/29/21 at 3:36 pm to
that was quite the ride...a 16% dip from an ATH to the low.


Posted by bayoubengals88
LA
Member since Sep 2007
21054 posts
Posted on 9/29/21 at 3:40 pm to
quote:

Yeah if they had used the offering I’m thinking we would have seen a PR after hours by now…

Why the need for an offering with the Lanxess partnership?

What are the funds for?
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