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Started By
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Posted on 10/13/21 at 9:35 am to BigDropper
When it sells off in the middle/end of the day, it’s usually really low volume. One mid day institutional purchase could really hurt the swing traders. Every time it goes above 9, you are taking out sellers waiting to buy lower towards the end of the day.
Posted on 10/13/21 at 9:38 am to PotatoChip
Sold a lot of $17.5 strike covered calls in the November '21 contract today. Now it's pretty much guaranteed that we will rip even further and make me sweat those being exercised.... 

This post was edited on 10/13/21 at 9:42 am
Posted on 10/13/21 at 10:00 am to Capt ST
Sir, you can check out anytime you like. But you can never leave.
Posted on 10/13/21 at 10:05 am to Capt ST
If you can find a company with more potential to invest in, that could be your plan.I don’t have an exit plan, but always said I would re-evaluate my position around $35. I’m not thinking of of pulling out when she’s this early in the game.
Posted on 10/13/21 at 10:06 am to Capt ST
At some point once the JV is finalized, they are producing tens of thousands of tons per year of lithium, etc., this will be trading more like an Albemarle type stock with lower volatility (way less downside but less upside as well). At that point (probably $20-30+ per share in the next year or two) it would be prudent for most of us to take some profits and diversify elsewhere. Finding the next SLI like stock for the redeployment of profits is going to be very tough though. This one is truly a relatively low risk, high reward unicorn.
Posted on 10/13/21 at 10:33 am to GeneralLee
I had an original plan to sell at $10 but over the last 6 months I've been convinced to hold to at least $20 and see what the overall sentiment is.
Posted on 10/13/21 at 10:34 am to GeneralLee
quote:
Finding the next SLI like stock for the redeployment of profits is going to be very tough though.
I’ve found it for you
Whsi brother
Posted on 10/13/21 at 10:36 am to PotatoChip
Yeah I’m thinking it’s gonna be a few years before I want to exit. Might be even longer now that I’m out my swing shares I don’t know that I’ll ever get back. Gonna have to dip again eventually.
We’re definitely above the resistance line right now

We’re definitely above the resistance line right now
Posted on 10/13/21 at 10:57 am to Capt ST
Checking in on page 420
Just wanted to thank whoever mentioned the April ‘22 $12c. I picked up 3 contracts yesterday and already up 25%.
Also grabbed 100 shares as well.

Just wanted to thank whoever mentioned the April ‘22 $12c. I picked up 3 contracts yesterday and already up 25%.
Also grabbed 100 shares as well.
Posted on 10/13/21 at 11:14 am to Box Geauxrilla
If someone is bored, feel free to explain the contracts you speak of.
For us third graders.
For us third graders.
Posted on 10/13/21 at 11:25 am to AUHighPlainsDrifter
SLI does not like the 9.30s.
When it gets above that, it's going to explode harder than I did my first night with the wife after my deployment.
When it gets above that, it's going to explode harder than I did my first night with the wife after my deployment.
Posted on 10/13/21 at 11:29 am to BallsEleven
I am not telling anyone, certainly no financial advisors, the percentage of my portfolio is invested in SLI. its shameful.
Posted on 10/13/21 at 11:31 am to Shamoan
Agreed, I am way overloaded on this one. But I can’t complain today
Posted on 10/13/21 at 11:32 am to BallsEleven
quote:
When it gets above that, it's going to explode harder than I did my first night with the wife after my deployment.
Sounds like my first night with your wife after your deployment.... Sorry too easy and yes I know this is not the OT.
All bullshitting aside, thank you so much for your service.
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