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re: Diving deeper on Standard Lithium?

Posted on 11/11/21 at 11:28 am to
Posted by el Gaucho
He/They
Member since Dec 2010
53554 posts
Posted on 11/11/21 at 11:28 am to
So are they gonna like

Announce jv today
Posted by BallsEleven
Member since Mar 2019
6163 posts
Posted on 11/11/21 at 11:29 am to
quote:

"buy the dip" crowd missed their shot?


I think it will come back down. I wouldn't be too surprised to see multiple days sub-10 dipping into 7-8 range. We live and die on news and I still think we don't hear anything on JV until January (just my own hunch).
Posted by Pendulum
Member since Jan 2009
7073 posts
Posted on 11/11/21 at 11:31 am to
I posted yesterday that was I was going to buy today, so no, not true.

Only reason I didn't buy yesterday is because 9.75 or whatever was not low enough for me, ill get it lower.

You really still think this stock is going to keep going up with seemingly nothing coming in the form of a catalyst? We fall 10% then go up 5% the next day and you claim victory?

This thread is getting a little outrageously unrealistic and as only like 18% of shares are institutionally owned, this worries me.

eta: I looked it up, currently only 12% of shares are institutional
This post was edited on 11/11/21 at 12:24 pm
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2058 posts
Posted on 11/11/21 at 11:31 am to
So more yahoo board-type days like yesterday?
Posted by Shepherd88
Member since Dec 2013
4615 posts
Posted on 11/11/21 at 11:32 am to
Na bro this is just a dead cat bounce.
Posted by el Gaucho
He/They
Member since Dec 2010
53554 posts
Posted on 11/11/21 at 11:35 am to
quote:


I think it will come back down. I wouldn't be too surprised to see multiple days sub-10 dipping into 7-8 range. We live and die on news and I still think we don't hear anything on JV until January (just my own hunch).

Wow we already know the grintak is trying to steal Christmas don’t tell me he’s gonna mess up mlk day too
Posted by FLObserver
Jacksonville
Member since Nov 2005
14532 posts
Posted on 11/11/21 at 11:35 am to
i think we see 11 by end of day.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 11/11/21 at 11:36 am to
If this thing falls again I’m going to have to eat my dead cat
Posted by Shepherd88
Member since Dec 2013
4615 posts
Posted on 11/11/21 at 11:40 am to
quote:

If this thing falls again I’m going to have to eat my dead cat


Side topic, have y’all listened to the Joe Rogan podcast when he had Jewel on? I had no idea her family were original homesteaders to Alaska. She talked about her grandmother killing the family cat bc it ate their only cheese wheel so she cooked it in the cheese from its stomach and fed it to the family. Lol
Posted by jamiegla1
Member since Aug 2016
7030 posts
Posted on 11/11/21 at 11:41 am to
We ridin?
Posted by SouthMSReb
Member since Dec 2013
4427 posts
Posted on 11/11/21 at 11:42 am to
quote:

You really still think this stock is going to keep going up with seemingly nothing coming in the form of a catalyst?


The catalyst is the industry they operate in. The catalyst is the extraction process they use. The catalyst is the price potential (and realized) of the mineral they're extracting.

quote:

We fall 10% then go up 5% the next day and you claim victory?


We fall 10% in a day and the stock is still up 30% on the month and you claim failure?


FOH
Posted by SwampCollie
Louisiana
Member since Nov 2018
226 posts
Posted on 11/11/21 at 11:54 am to
quote:

You really still think this stock is going to keep going up with seemingly nothing coming in the form of a catalyst? We fall 10% then go up 5% the next day and you claim victory?




Not mad about up 9% on yesterdays purchase. When it drops I'll buy more. If news drops tomorrow - you missed an opp and I didn't.
Posted by GeauxldMember
Member since Nov 2003
4409 posts
Posted on 11/11/21 at 11:59 am to
I didn’t get a chance to follow the thread yesterday, but I’m up-to-date now. I will say I’m really surprised by some of the folks who say they’ve sold based on nothing, really. But everyone has to do what’s right for himself. I’m in for around 75K shares and I haven’t sold anything since I let go of a little in a Roth months back. Yesterday was rough, but if I stomached my way through the rough patch that was August, this certainly wasn’t scaring me off. at any of you who sold the bottom…

Posted by PotatoChip
Member since May 2014
3689 posts
Posted on 11/11/21 at 12:01 pm to
Stock is up over 300% ytd and people start freaking out about a pullback. Maybe these type of speculative stocks aren’t right for some of you. This is a good consolidation range for the stock. Once more news is released, we will reach new highs. Lithium is a very high demand market with demand only increasing over the upcoming years.
Posted by Pendulum
Member since Jan 2009
7073 posts
Posted on 11/11/21 at 12:02 pm to
I have more than enough sli, I wouldn't have missed out on shite. I'm long.

You guys are something. Yesterday the world is falling apart, today we are going back to the moon, but we are lower than we started yesterday.
This post was edited on 11/11/21 at 12:04 pm
Posted by deltaland
Member since Mar 2011
91255 posts
Posted on 11/11/21 at 12:11 pm to
quote:

Wow we already know the grintak is trying to steal Christmas


Posted by SouthMSReb
Member since Dec 2013
4427 posts
Posted on 11/11/21 at 12:12 pm to
quote:

You guys are something. Yesterday the world is falling apart, today we are going back to the moon, but we are lower than we started yesterday.


Please show me where any of us where preparing for the SLI apocalypse yesterday (other than Grouch). Pretty sure sentiment in here was; "well this sucks right now, but it's still a great long term stock".

I believe people are getting shite on because they're selling on 10% dip days when no substantial news had broken. Thats a no-no in almost any situation.
Posted by Pendulum
Member since Jan 2009
7073 posts
Posted on 11/11/21 at 12:13 pm to
quote:

The catalyst is the industry they operate in. The catalyst is the extraction process they use. The catalyst is the price potential (and realized) of the mineral they're extracting.


You realize they aren't doing any of this on a actual production scale right? Right now we are waiting for some company to show confidence that there is potential here and actually put up actual real money to make it happen to full scale (JV). There is no reason to think this announcement is coming any day now outside of things posted by someone who lives in Arkansas in this thread. I'm thankful for that insight, dont get me wrong, but still the company itself, is doing nothing that would indicate it's impending imo.

The potential for what you are saying is why I hold; and they have such a lead on others trying to do the same extraction process, that the price action over last year is rewarding us for holding. They have the ability to demonstrate the technology although, as far as I know, we have gotten no actual numbers about what is actually being produced in their demonstration unit, I could be wrong on that?

quote:

We fall 10% in a day and the stock is still up 30% on the month and you claim failure?


No, I'm up like 200% on this stock; SLI has been a huge victory for me. I'm long, I dont care if it goes down or up on a weekly and daily basis. I'm just trying to inject some realism into the thread. My point was the RAPID whiplash from yesterday to today when all this shite was so predictable. This thread is so over-the-top optimistic and there seems to be a lot of people who have not traded stocks for an extremely long time, I feel the need to point out the risk. It can only help in the long run.
This post was edited on 11/11/21 at 12:18 pm
Posted by deltaland
Member since Mar 2011
91255 posts
Posted on 11/11/21 at 12:16 pm to
quote:

Yesterday the world is falling apart, today we are going back to the moon, but we are lower than we started yesterday.


They need to jerk off at least twice a day or they’ll implode.

Implosions are ugly
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31492 posts
Posted on 11/11/21 at 12:16 pm to
quote:

Joe Rogan podcast when he had Jewel on? I had no idea her family were original homesteaders to Alaska.


Yeah, she's a Kilcher...of Alaska: The Last Frontier fame.



This post was edited on 11/11/21 at 12:17 pm
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