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re: Diving deeper on Standard Lithium?

Posted on 10/15/21 at 9:00 am to
Posted by Auburn1968
NYC
Member since Mar 2019
23060 posts
Posted on 10/15/21 at 9:00 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


Piedmont went from $7 to $70 just based on a Tesla contract and they only have a lease in NC with the locals not wanting to allow a permit.

Let the madness begin.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 10/15/21 at 9:08 am to
Sli is just like me because neither of us ever hit 11s and 12s
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 10/15/21 at 9:17 am to
I sold my brokerage shares at 9.25 because that's what I needed for 20% down on the house we close on next month. Somebody talk me off the ledge!
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/15/21 at 9:20 am to
Welcome to the world of home ownership!
Posted by GeauxldMember
Member since Nov 2003
4968 posts
Posted on 10/15/21 at 9:21 am to
Sounds to me like you made some nice profit and put it toward something you needed. The “what if” game will eat you up if you choose to play it.

Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/15/21 at 9:27 am to
Have to cash out sometimes! Congrats on house.
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 10/15/21 at 9:32 am to
Thanks guys. The last dip to 5 spooked me. Smack did say to hold at least to the earnings on 10/26 and I didn't listen to the wise one.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 10/15/21 at 9:33 am to
Geez she's trying to make a run to 11 here. Unreal.
Posted by FMtTXtiger
Member since Oct 2018
4525 posts
Posted on 10/15/21 at 9:38 am to
i personally think this one is on the radar of some big guys right now and has a new floor.

Im holding this long term and breaking my rule on selling half when i double up.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 10/15/21 at 9:41 am to
Bro buying a house was a sucker move

If you would’ve asked in here I woulda told you not to do it

Please don’t tell me you’re buying a house at the behest of some wom*n
Posted by jimjackandjose
Member since Jun 2011
6631 posts
Posted on 10/15/21 at 9:43 am to
I sold 13000 shares at 9.70

I feel your pains
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 10/15/21 at 9:49 am to
Taking profit is a feminine trait
Posted by jchamil
Member since Nov 2009
17977 posts
Posted on 10/15/21 at 9:51 am to
quote:

Taking profit is a feminine trait


Might as well be taking dick at that point
Posted by tigerfoot
Alexandria
Member since Sep 2006
58974 posts
Posted on 10/15/21 at 9:51 am to
quote:

sold my brokerage shares at 9.25 because that's what I needed for 20% down on the house we close on next month. Somebody talk me off the ledge!

Hell no, enjoy the home. Now put a little back in to pay for all the shite that is gonna break Congrats on the home.
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 10/15/21 at 9:56 am to
And there is $11
Posted by SwampCollie
Louisiana
Member since Nov 2018
284 posts
Posted on 10/15/21 at 9:56 am to
Can't fault anyone for taking profits but this has potential for $50+ within a year. Price is based on FUTURE eanings and expectations....the upside is out of sight on this.

-Tesla & Ford facilities close w/ cathode capability
-CA eliminating small gas engines by 2024
-Broad adoption of lithium use & skyrocket demand
-All the obvious attributes - domestic, green, faster, cheaper etc
-Still WAY under the radar for the masses and institutional money
-Where else has this risk/reward profile today?



Case study - Piedmont $7-$70 on Tesla contract. Same could happen here easily.

Same thing is possible if not probably here.

I'm LONG. 3+ years
Posted by Snoopy04
Republic of Texas
Member since Aug 2015
3089 posts
Posted on 10/15/21 at 9:56 am to
quote:

Sli is just like me because neither of us ever hit 11s and 12s

She said, talk that shite...watch this shite
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33905 posts
Posted on 10/15/21 at 9:57 am to
quote:

at the behest


I wanna work this into my lexicon.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6421 posts
Posted on 10/15/21 at 9:59 am to
quote:

sold my brokerage shares at 9.25 because that's what I needed for 20% down on the house we close on next month


I will be doing this same thing, but in the next month or two. Wife and I will be buying a new house in Nov/Dec.

ETA: she wants me to sell my rental property to use that equity towards down payment. I said no, SLI has other plans for us (hope the JV comes before I need to pull the trigger).
This post was edited on 10/15/21 at 10:03 am
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 10/15/21 at 10:00 am to
get a home warranty, it is a good investment and congrats
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