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re: Diving deeper on Standard Lithium?

Posted on 9/29/21 at 3:43 pm to
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 9/29/21 at 3:43 pm to
Who knows, perhaps accelerating Tetra production timeline.
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 9/29/21 at 4:05 pm to
I'll love ya tomorrow!
Posted by igoringa
South Mississippi
Member since Jun 2007
11876 posts
Posted on 9/29/21 at 4:49 pm to
quote:

Why the need for an offering with the Lanxess partnership?

What are the funds for?


To get Tetra going.

Lanxess decision may take to end of year, then they start building and that takes a year... could be a couple of years before any significant cash flow.

They don't want to wait that long to start Tetra
Posted by GREENHEAD22
Member since Nov 2009
19650 posts
Posted on 9/29/21 at 5:12 pm to
Well frick me.
Posted by bayoubengals88
LA
Member since Sep 2007
19103 posts
Posted on 9/29/21 at 5:51 pm to
quote:

Well frick me.
This post was edited on 9/29/21 at 5:51 pm
Posted by SmackoverHawg
Member since Oct 2011
27385 posts
Posted on 9/29/21 at 6:07 pm to
quote:

I think this is a myth, that shorts can drive the price down, but regardless 2,970 of my 3,500 shares were lent out yesterday. I think that's about the highest I've seen thus far.


It's not a myth. If I decided to short it and we sold all our shares at once, I'm pretty sure I could drop the price significantly. I'm thinking Van Eck may be playing some games. Be interesting to see how many shares they end up with in near future. If I had millions of shares, it'd be easy to manipulate. And you'd still have millions of shares if you failed and it kept running.
Posted by SmackoverHawg
Member since Oct 2011
27385 posts
Posted on 9/29/21 at 6:09 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?


Some have healthy cash flow from income sources. Some are selling other holding and some do both.
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 9/29/21 at 6:10 pm to
Any thoughts on today's craziness?
Posted by el Gaucho
He/They
Member since Dec 2010
53312 posts
Posted on 9/29/21 at 6:12 pm to
God has abandoned us and wants us to be poor forever

Eta: He’s gonna make us all speak different languages if the stock keeps going up
This post was edited on 9/29/21 at 6:13 pm
Posted by SmackoverHawg
Member since Oct 2011
27385 posts
Posted on 9/29/21 at 6:18 pm to
quote:

Any thoughts on today's craziness?


I think it's big money manipulating prices. Sell of enough shares after a big run up, people start hitting stop loss prices and it snowballs. Then panic. Then they buy back cheaper. Only positive vibes here. Had someone very, very close to SLI/Lanxess asks me about 35 times last night if I was going to retire soon or not. Someone heard and asked him why he'd say that at my age. He told them "He knows why and I need a good doctor." He can't say anything, but I'm pretty sure my ownership stake is what has him worried about my retirement.
Posted by SmackoverHawg
Member since Oct 2011
27385 posts
Posted on 9/29/21 at 6:20 pm to
quote:

God has abandoned us and wants us to be poor forever

Eta: He’s gonna make us all speak different languages if the stock keeps going up



Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 9/29/21 at 6:52 pm to
I might need a good doctor after the heartburn it's gonna take to ride these swings another few years!
Posted by bayoubengals88
LA
Member since Sep 2007
19103 posts
Posted on 9/29/21 at 7:04 pm to
quote:

GeneralLee

Did you ever start a thread on RDW?
Posted by Dock Holiday
Member since Sep 2015
1642 posts
Posted on 9/29/21 at 7:05 pm to
quote:

might need a good doctor after the heartburn 


I've never gained and lost that much in an account that fast.

I'm not dealing with it all that well either.
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 9/29/21 at 7:06 pm to
I have a space research thread where it is mentioned... . Out of my space allocation, I'm about 75% RDW, 25% ASTS. Completely out of MAXR and SPIR for now.

LINK
This post was edited on 9/29/21 at 7:16 pm
Posted by GeneralLee
Member since Aug 2004
13112 posts
Posted on 9/29/21 at 7:07 pm to
I'm taking this one better than the first fall from $9, as I just don't see this going to $5 again. Obviously, hindsight being 20/20, there were multiple major profitable flips possible with my Roth shares, but I still think holding my brokerage shares through all these swings will be the best course of action (as hopefully i'm locking in long term cap gains at $20+ per share next year which would be short term cap gains if I had flipped those shares). We are where we were just two days ago, share price wise, and we were all pretty happy then. Helps to put things in perspective.

Hopefully Tetra PEA tomorrow or in next few days will propel this above $10 and we kiss the single digits goodbye forever.
This post was edited on 9/29/21 at 7:10 pm
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 9/29/21 at 7:41 pm to
I heavily considered gambling with some Roth shares when it was in the 9.20 area. I chickened out but did end up selling my calls for a nice profit.

I’ll use that to buy back in if we see another dip tomorrow
Posted by molsusports
Member since Jul 2004
36155 posts
Posted on 9/29/21 at 7:50 pm to
quote:

Any thoughts on today's craziness?


I think it was a more general than specific thing. Tesla had hints of good news but also dropped late.
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 9/29/21 at 9:04 pm to
NM…..I will love ya tomorrow!
Shadrach, Meshach, and Abednego, remember the fire furnace
This post was edited on 9/29/21 at 9:10 pm
Posted by supadave3
Houston, TX
Member since Dec 2005
30321 posts
Posted on 9/29/21 at 9:24 pm to
quote:

Sitting on 675 toasty shares. Paging Supadave once again.


Damn it. Now o have to figure out how to buy another 70. Congrats, sucks the price fluctuation though.

I did that with SE. Had to get my money together, finally decided to buy and it started dropping immediately. My 10 share purchase has since recovered but my timing was terrible.
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