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re: Diving deeper on Standard Lithium?

Posted on 10/14/21 at 6:59 pm to
Posted by supadave3
Houston, TX
Member since Dec 2005
31120 posts
Posted on 10/14/21 at 6:59 pm to
quote:

If it goes back in the mid $8's I would probably liquidate all other positions and increase my stake here.


Are You saying you’d sell all your shares and re-buy them? Why would you do that? Tax reasons, I’m guessing, but it seems like the tax hit will be tremendous regardless of when the event occurred. What’s the bemefit that I’m missing?
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 7:00 pm to
No, I mean I would sell all my other non SLI stocks and buy more SLI if we got that big a pullback.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6421 posts
Posted on 10/14/21 at 7:01 pm to
quote:

GeneralLee


Did he mention anything about hats or attending our MT baller/SLI party on Smackover's new 250' yacht in Monaco during Grand Prix weekend next year?
This post was edited on 10/14/21 at 7:04 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 7:03 pm to
quote:

Did he mention anything about hats


He was talking so much about lithium that I didn't have time to ask about the hats and if the tip of the hat was a secret message to the MoneyTalk board on the Mad Money segment.
Posted by supadave3
Houston, TX
Member since Dec 2005
31120 posts
Posted on 10/14/21 at 7:07 pm to
quote:


No, I mean I would sell all my other non SLI stocks and buy more SLI if we got that big a pullback.



Ah, ok. Nike has a pretty large position in my portfolio and I’ve been thinking of selling the majority and buying more SLI. I’ve always figured the sneakers would always be a hot product and that Nike was a safe investment. So, I’m losing money every day I don’t do this but I’m still hesitant to do it.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 10/14/21 at 7:07 pm to
quote:

If it goes back in the mid $8's I would probably liquidate all other positions and increase


I’d move my entire retirement account into SLi if that happened
Posted by skewbs
Member since Apr 2008
2135 posts
Posted on 10/14/21 at 7:16 pm to
Look, I'm not trying to rain on the parade happening here, but is anyone else not concerned that the CEO of this company has enough spare time to take calls from seemingly random people (sorry GeneralLee) and also answer emails from others in this thread?

I work for a Big 4 Consulting firm and most of the CEO's I work with don't even have time in the day to use the restroom. Their schedules are locked down to the second. And this is a range of CEO's from public Fortune 500 all the way to private $500M in annual revenue.

I'm happy it's occurring, of course, but to me it is somewhat concerning.
This post was edited on 10/14/21 at 7:17 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/14/21 at 7:18 pm to
Doesn’t take a lot of time to run an apparel company that gives out free merchandise.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 7:18 pm to
quote:

I work for a Big 4 Consulting firm and most of the CEO's I work with don't even have time in the day to use the restroom. Their schedules are locked down to the second. And this is a range of CEO's from public Fortune 500 all the way to private $500M in annual revenue.

I'm happy it's occurring, of course, but to me it is somewhat concerning.


Yeah it sounds like that's all coming to an end though as he doesn't have time to keep up with it anymore and they are expanding their investor relations team. I think the COVID lockdowns gave him more time than he would have had otherwise to communicate with investors. I had the same thought as well "is this all too good to be true?", but those will hopefully all be put to bed forever soon assuming JV execution occurs.
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 10/14/21 at 7:19 pm to
quote:

That dip to $9.30 this morning lasted for like 2 minutes...



I have a sizable buy order set for 8.99.
Posted by molsusports
Member since Jul 2004
36664 posts
Posted on 10/14/21 at 7:20 pm to
It isn't that uncommon for a still growing company CEO to take the time to talk to an investor who owns more than a hundred thousand shares
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/14/21 at 7:21 pm to
I have one set at $9.01

Posted by SmackoverHawg
Member since Oct 2011
28919 posts
Posted on 10/14/21 at 7:25 pm to
quote:

MT baller/SLI party on Smackover's new 250' yacht in Monaco during Grand Prix weekend next year?

They make pontoons that big?
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/14/21 at 7:27 pm to
Yeah my guess is the GTC buy orders at $9.01 are gonna be several hundred thousand shares deep!
Posted by geauxfish24
Member since Feb 2008
2143 posts
Posted on 10/14/21 at 7:28 pm to
quote:

They make pontoons that big?


Well said. I think this group is more akin to the redneck yacht club.
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 10/14/21 at 7:45 pm to
Tri-toon?
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6421 posts
Posted on 10/14/21 at 8:11 pm to
Posted by SouthArkTigerFan
El Dorado AR
Member since Dec 2019
30 posts
Posted on 10/14/21 at 8:15 pm to
Y’all know those boats too big to fit on the Ouachita River and Smack ain’t fixing to leave and go nowhere. He doesn’t like people enough to leave this area.
Posted by SmackoverHawg
Member since Oct 2011
28919 posts
Posted on 10/14/21 at 8:52 pm to
Have an upvote.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 10/14/21 at 11:12 pm to
quote:

GeneralLee


Now that’s what you call Diving Deeper on Standard Lithium. Excellent work bud!
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