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re: Diving deeper on Standard Lithium?

Posted on 10/15/21 at 3:03 am to
Posted by KCRoyalBlue
Member since Nov 2020
1496 posts
Posted on 10/15/21 at 3:03 am to
Germany up 0.45% right now.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 10/15/21 at 5:17 am to
Forget them frickers. I’m showing SLI $10.67 right now! Odd since our AH session closed in the 10.2’s. Can anyone confirm this???

Fwiw, I’m also showing the Krauts trading at 9.33 Euros, which equates to over 10.8 USD

Will the rally continue?

ETA: Mistake, I meant 10.2’s AH
This post was edited on 10/15/21 at 5:41 am
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/15/21 at 5:29 am to
quote:

Odd since our AH session closed in the 8.2’s


I don't show anything lower than $10 AH.

CNBC has been bounces between 10.7 and 10.67 PM.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15195 posts
Posted on 10/15/21 at 5:34 am to
was hoping to buy more when it dipped back into the 8's but dont know if i will get the chance to see 8's again.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/15/21 at 5:44 am to
I have little doubt that we will dip back down at some point, even if it is brief. I wouldn't be shocked to see 7s either. It was just there on Monday and we have a history of big dips.
This post was edited on 10/15/21 at 5:45 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
15195 posts
Posted on 10/15/21 at 5:48 am to
yeah we get back in the 7's my 20% cash i like to keep on the side will be down to 15% real quick
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/15/21 at 6:00 am to
Yeah I almost don't want this to run too much further from current levels until the JV news comes out. That and I really don't want to sweat my $17.5 November covered calls... From a technical trader standpoint, we'd appear to be severely overbought right now with a crazy high RSI. I'd be totally fine with us just hanging out here in the $10's and building a long term support line there. A bit afraid if this just keeps ripping each day on no new news then enough momentum might be generated once profit takers are larger than new investors that we could get another one of our famous severe dips. Slow and steady as she goes boys!
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/15/21 at 6:04 am to
quote:

I'd be totally fine with us just hanging out here in the $10's and building a long term support line there


Agreed. Even solid support in the 9 range would be fantastic. 2 days ago we were struggling to tear down the 9.30 wall and here we are close to 11.

If for some reason this keeps running up to 12 with no additional news, I'll have to swing some shares.

We haven't had a red day in 10 days, so between that and being Friday I would think we end up with one here.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/15/21 at 6:08 am to
I was looking at other small cap lithium stocks and most of them are up about 25-30% over the past 10 days or so while SLI is up ~45%.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 10/15/21 at 6:09 am to
Y’all need to stop cringing out and here and just let it go up

Sorry yall want to get 12 more shares so you think I should lose 37k in one day

It’s probably gonna hit 11 today
Posted by Shepherd88
Member since Dec 2013
4800 posts
Posted on 10/15/21 at 6:14 am to
It’s Friday, I’m thinking you’ll see some heavy short positions start to close out going into the weekend. If that’s the case, we have another good day.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 10/15/21 at 6:16 am to
quote:

I wouldn't be shocked to see 7s either.


I will be stunned ... beyond speechless if we see 7’s again. I’ll be shocked to see 8’s.

Forgive me, but have we discussed Newsom’s gas engine lawn equipment ban? Also includes small offroad engines (golf carts, crawlers, etc.) effective 2024.
Can’t stand the liberal agenda he endorses, but that ban is unprecedented in the states and will likely be adopted elsewhere around the globe.

I still know people who believe Lithium battery technology is a fad. Hell, at one point, I was convinced smart phones would phase out. But here I am, typing this unnecessary rant to likely no one in this thread’s delight... Using my Apple smartphone (which I hate, but cannot function without)
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 10/15/21 at 6:24 am to
I wouldn’t be shocked in the slightest to see 8s at all. 25% swings on a stock like this is the norm. They ALL do it.

And especially when Wall Street just throw as a dart at a board and picks what sectors get the pump for certain times
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/15/21 at 6:28 am to
quote:

Y’all need to stop cringing out and here and just let it go up

Sorry yall want to get 12 more shares so you think I should lose 37k in one day

It’s probably gonna hit 11 today


Girl, you know you have 100 shares max I'm just about maxed out on what I can buy. It doesn't help me much if/when it dips.

quote:

I will be stunned ... beyond speechless if we see 7’s again. I’ll be shocked to see 8’s.


I'd love to be wrong, but those pullbacks are healthy long term.

quote:

Forgive me, but have we discussed Newsom’s gas engine lawn equipment ban? Also includes small offroad engines (golf carts, crawlers, etc.) effective 2024. Can’t stand the liberal agenda he endorses, but that ban is unprecedented in the states and will likely be adopted elsewhere around the globe.


quote:

Using my Apple smartphone (which I hate, but cannot function without)


There are still plenty of times that me and my wife say that we should go back to flip phones. Never happens of course
Posted by jimjackandjose
Member since Jun 2011
6631 posts
Posted on 10/15/21 at 6:41 am to
This is still a speculative play with no JV or commercial plant being built. Until that foundation is set, I’d expect us to move back to mid or lower part of BB. Which is mid 7 low 8
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 10/15/21 at 7:20 am to
Nah bruh cringe green is back in we’re going to new highs

Y’all keep trying to put fundamentals on irrational stock market
Posted by Grassy1
Member since Oct 2009
7320 posts
Posted on 10/15/21 at 7:26 am to
quote:

He could've talked the whole half hour just about the assumptions in the Tetra PEA on reinjecting the brine from the south half into the north half of the Tetra unit.




Explain this a little more please. So they plan to extract from the South half, and expecting to still have Li in the brine, reinject into the North half for future extraction?

Just trying to get the concepts as we move along here.

Thanks for sharing your notes from your conversation.
Posted by LChama
Member since May 2020
2653 posts
Posted on 10/15/21 at 7:39 am to
I recall how irrational it was for PLUG to go from $5 to $70. Im not as familiar with their operation but… craziness can happen
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/15/21 at 7:53 am to
quote:

Explain this a little more please. So they plan to extract from the South half, and expecting to still have Li in the brine, reinject into the North half for future extraction?


I think it was said that the south half brine's lithium is higher concentrated than the northern half.

I'm not sure how the mechanics of it all works but I would assume either you pump the brine to the north half so you aren't diluting the southern half or you are pumping from south to north to slowly push brine south. Smack or General could probably clarify though.
Posted by Who_Dat_Tiger
Member since Nov 2015
22276 posts
Posted on 10/15/21 at 7:58 am to
quote:

I recall how irrational it was for PLUG to go from $5 to $70. Im not as familiar with their operation but… craziness can happen


I remember when that piedmont lithium stock went from $5 to $80 in just a month too

Eta guess I remembered wrong, took more like a few months but still that’s my new goal for my SLI shares
This post was edited on 10/15/21 at 8:20 am
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