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re: Diving deeper on Standard Lithium?

Posted on 11/10/21 at 9:19 am to
Posted by SmackoverHawg
Member since Oct 2011
27771 posts
Posted on 11/10/21 at 9:19 am to
quote:

Talk me off the ledge


Gonna be fine long term. Short term may be a rough ride.
Posted by molsusports
Member since Jul 2004
36357 posts
Posted on 11/10/21 at 9:21 am to
quote:

If Tetra is smart, they're working on a JV themselves with SLI.


This

Germans need to get moving or fall behind
Posted by deltaland
Member since Mar 2011
92756 posts
Posted on 11/10/21 at 9:46 am to
At this point I kinda hope it tanks to 6-7 dollars since I sold 30% of my shares at a profitable level. Then I can stock up on a lot more shares at a bargain and I’ll feel a lot better holding long term because I’ll have way more upside
Posted by Auburn1968
NYC
Member since Mar 2019
21137 posts
Posted on 11/10/21 at 9:48 am to
There was around a 250k dump this morning. That's a lot of shares to dump at one time.
Posted by Nguyener
Kame House
Member since Mar 2013
20668 posts
Posted on 11/10/21 at 9:55 am to
quote:

Talk me off the ledge


2 months ago we were hoping the cieling was high 8s and the floor was in the 7s maybe. It’s still above 10 without any positive news.

You shouldn’t be anywhere near a ledge right now and if you are you need to reevaluate your investing strategy. This stock was never a get rich quick scheme. It’s a slow burn long hold and if you bought in around 11. You might need to wait to be green.

All the reasons to invest are still there. The technology and the possible sites and partners. But it’s not a throw money at it and get out quick scheme.

I’m sorry if the last couple months either gave you FOMO or ruined this thread for you. This thread went from solid information and a great resource to a dipshit circle jerk a couple months ago.

But the company is still solid and should still be worth some money. If your DCA is under 7 you should be fine just letting it ride a while. If you got in above 7 you can weigh your options. I’d be setting up stop loss orders and get back in later depending on what happens.
This post was edited on 11/10/21 at 10:07 am
Posted by Rob Perillo
Member since Feb 2017
432 posts
Posted on 11/10/21 at 9:58 am to
Hated to do it but sold 25% of my position this morning to almost cover my initial basis. Did learn how to change my account to sell the shares that I picked up in July rather than my first purchased shares so I held on to my ones closest to hitting long-term cap gains.

So in love with this stock that even though it made up almost 80% of my total brokerage account I was having real heartburn to take out my initial investment. Down to a healthy 60% of my current holdings now
Posted by el Gaucho
He/They
Member since Dec 2010
54745 posts
Posted on 11/10/21 at 10:17 am to
quote:

dipshit circle jerk a couple months ago.

I’ve been posting in here like 6 months at least
Posted by deltaland
Member since Mar 2011
92756 posts
Posted on 11/10/21 at 10:19 am to
quote:

There was around a 250k dump this morning. That's a lot of shares to dump at one time.


Some firm probably holding shares they bought early on took their profit to invest the money elsewhere in something that’s more likely to move in the short term. I’ve been moving money to ORGN because they have a conference call tomorrow about their progress and earnings being released. It might backfire on me but so far they’ve met or exceeded expectations on these things so I’m hoping that stays the course and I get a nice bump tomorrow
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 11/10/21 at 10:22 am to
me too, Im up to 9000 shares of ORGN and hope today to make it 10,000
Posted by Vanilla Ice
2018 Saints Talk Poster of the Year
Member since Apr 2013
5455 posts
Posted on 11/10/21 at 10:32 am to
Do we really think it keeps dropping?

I don’t want to sell some shares and then have it boom
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/10/21 at 10:33 am to
It’s going to ~$3.50
Posted by Vanilla Ice
2018 Saints Talk Poster of the Year
Member since Apr 2013
5455 posts
Posted on 11/10/21 at 10:34 am to
Eat my arse. I have at least 10x your SLI shares bitch
Posted by Shepherd88
Member since Dec 2013
4668 posts
Posted on 11/10/21 at 10:41 am to
The panic in here is comical from time to time. This is the kind of emotional volatility it takes to hit a grand slam type of investment.

The more I’ve thought about it, I think the company doesn’t gaf about the current prices bc they know the technology they have is going to disrupt the markets over the long term. They would rather not have peasant retail investors trading this company as the next meme stock.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5220 posts
Posted on 11/10/21 at 10:44 am to
quote:

Do we really think it keeps dropping? I don’t want to sell some shares and then have it boom


Don’t sell on red days. Sell on green
Posted by LSUcam7
FL
Member since Sep 2016
8182 posts
Posted on 11/10/21 at 10:47 am to


Why the panic?
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3065 posts
Posted on 11/10/21 at 10:57 am to
Just took my first look since 6AM. Phew, I was expecting much, much worse.
Posted by L LiSTR
El Dorado AR
Member since Sep 2021
198 posts
Posted on 11/10/21 at 11:02 am to
I agree with you, but in the volatility of lithium money is driving many a dollar, behind the scenes....transparency would go a long way for investors.
Posted by Shepherd88
Member since Dec 2013
4668 posts
Posted on 11/10/21 at 11:05 am to
quote:

..transparency would go a long way for investors.



100% agree. It’s something they have to get better at before their next phase or they won’t keep investors.
Posted by tigerfoot
Alexandria
Member since Sep 2006
57385 posts
Posted on 11/10/21 at 11:06 am to
quote:

The panic in here is comical from time to time
Correct. You either believe they can produce good clean green lithium and the world will need their product or not. You also need to match that up with your personal investment goals and 'make as much as possible' isnt always the only goal.

It is a great one, but when you have met your goals you need to not FOMO yourself into a position you dont need to be in.
Posted by Ballstein32
Member since May 2020
376 posts
Posted on 11/10/21 at 11:23 am to
Because some people think this is a get rich quick kind of stock....which it is not
This post was edited on 11/10/21 at 11:24 am
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