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re: Diving deeper on Standard Lithium?

Posted on 12/16/21 at 9:06 am to
Posted by SmackoverHawg
Member since Oct 2011
28940 posts
Posted on 12/16/21 at 9:06 am to
quote:

I also noticed Monday that VanEck sold roughly 400k shares. They still hold 6M and are our largest institutional holder. I didn’t want to bring it here at that time, given the bearish sentiment. That was possibly the 100k block dumps someone was referring to earlier this week.


I think they've been behind much of the manipulation. They started out with like 2 million shares, then we had a run of some weird trading patterns for awhile...next thing you know they had over 7 million shares, then back to 5 million then back to like 6.5 million and now 6 million.
Posted by SmackoverHawg
Member since Oct 2011
28940 posts
Posted on 12/16/21 at 9:08 am to
quote:

I'm gonna just starting swing trading some shares here every day. Buy at the lunch time dip around 11:45 eastern and sell just before the close. My guess is I'll make money on 80%+ of those trades.


I've been saying the same thing, just haven't gotten around to it. Worst case is you end up holding a stock you want anyway.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 12/16/21 at 9:14 am to
quote:

How do we know this wasn't a pre-determined price?


I absolutely think it was a predetermined price. And I think it was likely negotiated just before the October run up to the highs.

I’m not saying Koch would have been nefarious in driving down the price to get more shares. I think (if something intentional did occur) the deal was struck and neither Koch nor SLI expected that run up, and needed the price to depreciate closer to the deal price.

If we’re trading at $12/share and SLI announces a financing for 60% of that price they would get crushed in retail. The market would react horribly to that. So, you slip some easily FUD-able data out, allow the price to drop to $8 and all of the sudden striking a $100M deal at almost market value makes you look like heroes.

That whole scenario, if it occurred, is a very good PR/IR job by Standard.
Posted by el Gaucho
He/They
Member since Dec 2010
56809 posts
Posted on 12/16/21 at 9:16 am to
I wish I could move to a 3rd world country with no taxes so I could sell Sli when it’s green and buy it back the next day when it’s red
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 12/16/21 at 9:55 am to
Would it be technically legal though? Seems like manipulation.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 12/16/21 at 10:34 am to
quote:

Would it be technically legal though? Seems like manipulation.


Letting Blue Orca know that this public information is available?? That’s some real shady gray areas. They didn’t disclose anything non public. If it didn’t impact the terms of the deal, maybe it’s above board.

With Koch involved I’m sure they stayed above the line, if this happened.

I do know price manipulation happens indirectly quite frequently before deals. It’s part of IR. I’ve referenced stuff like this before, if you want to buy a $1B company for $8B but the sector only commands a 5x multiplier, you’d get in trouble with your investors for overspending. But if you help that company inflate their market cap to $1.5B then pay that much, you’re in the clear.

I’m deep diving here, I still don’t think this happened. Just fun to speculate. It is a really wild coincidence the timing of it all tho, and the pricing.
This post was edited on 12/16/21 at 10:36 am
Posted by deltaland
Member since Mar 2011
96778 posts
Posted on 12/16/21 at 10:40 am to
quote:

I'm gonna just starting swing trading some shares here every day. Buy at the lunch time dip around 11:45 eastern and sell just before the close. My guess is I'll make money on 80%+ of those trades.


I took some profits yesterday and PM today on a few stocks. Just letting it sit in my brokerage acct and will buy more shares with it when I think it hits the floor. I’m not confident in the market right now and don’t see anything anytime soon causing a quick spike. Not before the new year at least. I didn’t sell off any stock completely, just about 20% of each stock that was above my cost average after yesterday
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 12/16/21 at 10:49 am to
Alright bought my daily swing shares for $8.73, let’s see how it goes today. Probably get at least $8.90 for them hopefully.
Posted by go ta hell ole miss
Member since Jan 2007
14026 posts
Posted on 12/16/21 at 11:00 am to
quote:

I've been saying the same thing, just haven't gotten around to it. Worst case is you end up holding a stock you want anyway.


I think worst case is the stock runs after you sell and you end up having to buy back in at a higher cost and getting fewer shares.
Posted by SmackoverHawg
Member since Oct 2011
28940 posts
Posted on 12/16/21 at 11:59 am to
I’d just be swinging a small percent of shares. But it does have a way of burning your arse when you try it.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 12/16/21 at 12:20 pm to
Ive mentioned this before but if yall are gonna swing, why use long term shares? Buy the dips with extra shares. Continue buying incrementally on the way down, sell as it rises.

I've been doing this since listing, very good results.
Posted by deltaland
Member since Mar 2011
96778 posts
Posted on 12/16/21 at 1:51 pm to
I wish my SO would go down on me half as often as SLI does
Posted by el Gaucho
He/They
Member since Dec 2010
56809 posts
Posted on 12/16/21 at 2:22 pm to
At least you can afford a gf

I’m too invested in Sli
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 12/16/21 at 3:12 pm to
Got out even on my swing shares at $8.73 on that little spike we got mid afternoon. So day 1 of my swing trading test program was not a success, very lucky to not have eaten a loss TBH.
Posted by Shamoan
Member since Feb 2019
11511 posts
Posted on 12/16/21 at 3:41 pm to
is there anything in the works at standard? they sure are doing a lot of grab-assing lately with the momentum towards anything completely halted. any timelines cause i wanna go do something else with my money if its just going to stagnate until the spring.
Posted by JDPndahizzy
JDP
Member since Nov 2013
6840 posts
Posted on 12/16/21 at 3:48 pm to
quote:

I wish my SO would go down on me half as often as SLI does


Did you ask him nice??

Just frickin with you
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 12/16/21 at 3:59 pm to
Yeah I'm not expecting ground to break on the first Lanxess plant till 2023. They just signed the LOI on the FEED with KOCH, probably gotta have at least six months for a feasibility study to be produced, permitting hurdles, supply chain issues, etc. So I would not expect material lithium production until '24.

In a really bad way Mintak or Robinson need to go on a venue like Crux Investor and level with investors on what the latest timelines are and where we stand with the Lanxess relationship.
Posted by tigerfoot
Alexandria
Member since Sep 2006
58991 posts
Posted on 12/16/21 at 4:11 pm to
quote:

Mintak or Robinson need to go on a venue like Crux Investor and level with investors on what the latest timelines are and where we stand with the Lanxess relationship.

I doubt we see that. Most of the info is just casual investors trying to figure this thing out...so either there is no plan, or they have a plan and dont think we should know.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/17/21 at 8:55 am to
Posted by el Gaucho
He/They
Member since Dec 2010
56809 posts
Posted on 12/17/21 at 8:59 am to
Mintak is probably just still on vaccication after getting his fourth fauci ouchie
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