re: Diving deeper on Standard Lithium?

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Have you sold any yet or are you holding still?

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I did sell a bit two weeks ago after the Mintak interview.

Not really a change in sentiment, just finally starting to hedge my leverage. My brokerage was so overleveraged in SLi after that big runup it was ridiculous.

I only sold ~10%. This one may get back down to $4 worst case but I really don't see much lower, it's hard to value this company even pre-revenue at anything less than that. They've got freaking $100 million cash on hand. Put a low-tier mining multiple on that and it's worth $4/share, without considering their actual business model. I have the itch to sell so bad, I'm not gonna lie, this market is scary and who knows what a major correction will bring. But this is a long term hold and an EASY $1 billion target valuation. Gonna just painfully ride this downturn and not try to time it.

If you're feeling froggy, and if I were playing paper money, I think the best play is to sell now and buy back in mid Q2. But I'm not gonna gamble that much with it. Just gonna do my best not to watch it too closely and avoid playing the 'what if' game.

Glad I never bought a share over $8.

Feel sorry for the people who bought in late here.

But the fundamentals are all still there if you have the funds and the stomach to ride it out

Feel like I lose about 40k a day on this and just kinda tired of it I guess

Idk if y’all know that feel or not

I guess I could hold and not check my account for a few months

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So yes, going down slightly faster. 3-10% more down than its small caps peers is not more than 'slightly faster'. Nowhere near your alleged 'double' number. Stop being so emotional.

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Don’t come at me with that emotional crap. I handle swings with pretty good ease. SLI is nothing compared to what I have lost in crypto, and I am nowhere close to selling any of it.

You said the market, which is down about 12%.

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when the market is going down, it's going down slightly faster.

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SLI down drastically more than the market. And since when is 55% only slightly more than 30 (46% more), 31 (45% more) 35 (35% more) and 38 (31% more)? It’s not. Not even close. You can minimize if you want, but your little numbers game does not add up. Don’t be so condescending when your facts don’t support you..

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I just want the JV and a hat.

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Amen!

You can have my hat

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If you're feeling froggy, and if I were playing paper money, I think the best play is to sell now and buy back in mid Q2

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This is my game plan (minus the paper money part). Rode ~150K shares from $3 to average selling price of ~$10.50 over the past year. Will probably scoop up 150K shares again in the $3-4 range at the height of this market crash, only to watch this go up to $10 and beyond again when they finally get to moving on the JV....

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Feel like I lose about 40k a day on this and just kinda tired of it I guess

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Using that reasoning, you have already "lost" over 280k. At this point assuming the price doesn't go below $4, you can only lose 60k more.

When you didn't take some profits, you played this as a long term investment. Selling after getting beat down on a long term investment is not a winning formula, generally speaking

If SLI no longer appeals to you as a long term investment, then a different approach is necessary.

If we got put on a ventilator I wonder if the news would make fun of us more for not being vaccinated or for not selling Sli

I’m up on the shares I’ve bought/sold. Still holding large portion of my shares waiting to turn long and those are at a dca of $3.75. I’ll start buying again at 4.50. Hoping if we get to 5 it gets major support but we haven’t had many roadblocks on the way down though.