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re: Diving deeper on Standard Lithium?

Posted on 11/26/21 at 9:37 am to
Posted by go ta hell ole miss
Member since Jan 2007
14026 posts
Posted on 11/26/21 at 9:37 am to
quote:

So this isn't really some new paradigm with the Koch ownership now, this was in the cards before the Koch news.


So on top of down 5% day I also have what little glimmer of positivity pulled out from under me with this. Happy Black Friday! Only two 1/2 hours to go.
Posted by Auburn1968
NYC
Member since Mar 2019
23043 posts
Posted on 11/26/21 at 9:38 am to
quote:

My "News" on my TDA account is steady releasing news of class action suits against SLI, which the only BS they refer to is the $ loss after the Orca report.

If I counted correctly, there are 9 law firms putting out this BS, with the latest one coming in a few minutes ago.

Someone is still trying hard to drive down the price.


I hope these ambulance chasers have to pay the legal costs of the defense. They are like locusts or a pack of mangy hyenas.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 11/26/21 at 9:42 am to
Long term we are golden here bro. I added some more shares here today on the dip, from those I sold back in the $11-12 range a few weeks back. This is way less of a speculative stock now and is going to be a multi bagger long term even from these levels. Before Koch, this was either a $1 stock or a $20+ long term. After the Koch news, the $1 possibility is removed here. Bumpy roads in the market ahead for sure, but ride them and pick up cheap shares on the dips!
Posted by deltaland
Member since Mar 2011
96684 posts
Posted on 11/26/21 at 9:52 am to
They should sue blue orca instead and make them pay back the losses we incurred due to their bullshite
Posted by Grassy1
Member since Oct 2009
7306 posts
Posted on 11/26/21 at 9:53 am to
quote:

I hope these ambulance chasers have to pay the legal costs of the defense. They are like locusts or a pack of mangy hyenas.



I suspect that the PR is the most concrete thing that ever comes from this. Law firms releasing a statement as a favor to someone who shorted SLI or someone who wants to buy in at a lower price. Although I admit, I wouldn't mind them driving it a little lower today.

I have a feeling we won't see 9's ever again, unless it's a market wide problem. I think the Koch news is still under the radar because it was released on a holiday eve.
Posted by Pendulum
Member since Jan 2009
7583 posts
Posted on 11/26/21 at 9:55 am to
Bought 400 shares today under 10

Trying to stay controlled, bc who knows what happens over the weekend. Skimmed a few other holdings and moving it into sli.
This post was edited on 11/26/21 at 9:57 am
Posted by Grassy1
Member since Oct 2009
7306 posts
Posted on 11/26/21 at 9:57 am to
I was hoping for an early lunchtime dip. Looks like we're holding solid in the 9.90's.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 11/26/21 at 10:00 am to
Great time to average down. Buying the dip.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6419 posts
Posted on 11/26/21 at 10:22 am to
Unless your average is $5.50ish
Posted by aubie101
Russia
Member since Nov 2010
3303 posts
Posted on 11/26/21 at 10:25 am to
quote:

Great time to average down. Buying the dip.



Yep, on it.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 11/26/21 at 10:30 am to
Strong support at 9.85 right now. Hit 9.855 and I have another buy order of 100 shares at 9.85. Come on!
Posted by Dock Holiday
Member since Sep 2015
1742 posts
Posted on 11/26/21 at 10:44 am to
Anyone else thinking the shorts and Orca are done attacking? Unless you count the ambulance chasing lawyers, but they seem to have zero impact.

This is holding as good or better than with other Li speculatives.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 11/26/21 at 10:52 am to
They did Koch’s bidding and are onto the next play imho. Doubt we ever hear from Blue Orca on SLI again.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 11/26/21 at 11:25 am to
I expected to outperform for at least a few more sessions. Suprised to see the selloff this morning.
Posted by deltaland
Member since Mar 2011
96684 posts
Posted on 11/26/21 at 11:31 am to
quote:

Suprised to see the selloff this morning.


Everything is down today though

Honestly holding around 10 is solid when you look at the market today
Posted by jamiegla1
Member since Aug 2016
7557 posts
Posted on 11/26/21 at 11:51 am to
newb question. For some reason when I sold some other stock, the money is not immediately available to reinvest. I guess there's an SEC rule that requires a 2 day holding period. But I feel like ive sold before in the past and immediately had the funds available.

Nearly all of my money is in IRA and 401K. My Etrade account is just something I mess with on the side and hav generally just owned high dividend stocks. Very little active trading.

Did I break some rule by selling, buying, selling too many times in a day or is this standard fare?
Posted by el Gaucho
He/They
Member since Dec 2010
56780 posts
Posted on 11/26/21 at 11:55 am to
They’re trying to protect the stock market from unvaccinated money
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 11/26/21 at 11:57 am to
quote:

I sold some other stock, the money is not immediately available to reinvest
Was the stock you sold bought with unsettled funds?
Posted by jamiegla1
Member since Aug 2016
7557 posts
Posted on 11/26/21 at 12:00 pm to
quote:

Was the stock you sold bought with unsettled funds?

probably
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 11/26/21 at 12:13 pm to
You can buy with unsettled funds but you cant then sell it before those funds are cleared. Also if you're not on cash account be mindful of day trade rules.
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