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re: Diving deeper on Standard Lithium?

Posted on 4/22/22 at 11:48 am to
Posted by Auburn1968
NYC
Member since Mar 2019
23135 posts
Posted on 4/22/22 at 11:48 am to
Wow. Down almost $3 from the high of $9.
This post was edited on 4/25/22 at 8:07 am
Posted by el Gaucho
He/They
Member since Dec 2010
56898 posts
Posted on 4/22/22 at 11:51 am to
We had the chance to sell for 7 this morning too

I’m ready for the fema camp
Posted by Fe_Mike
Member since Jul 2015
3546 posts
Posted on 4/22/22 at 12:02 pm to
Yeh I got nothing. This trading makes no sense. Low volume, massive move. Runs all over.

Wish I could just swing trade this but I can't afford to be out when news hits at this point. Need to just turn it all off and wait til news drops. Pretty unbelievable they have been this quiet for so long.
Posted by el Gaucho
He/They
Member since Dec 2010
56898 posts
Posted on 4/22/22 at 12:05 pm to
I understand it


We held on to a fake company with a scam artist ceo for too long now we suffer the consequences

See y’all at 0
Posted by Auburn1968
NYC
Member since Mar 2019
23135 posts
Posted on 4/22/22 at 12:13 pm to
I'm tempted to do a big swing trade on the next peak, but I worry that it would have a Piedmont moment when I do.


Posted by Fe_Mike
Member since Jul 2015
3546 posts
Posted on 4/22/22 at 12:29 pm to
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/22/22 at 12:36 pm to
At least down >10%, they can't short this on Monday as it'll be under SSR.
Posted by Lightning
Texas
Member since May 2014
2920 posts
Posted on 4/22/22 at 12:41 pm to
Buy extra while it's low for the purpose of swinging on the next high?
Posted by Auburn1968
NYC
Member since Mar 2019
23135 posts
Posted on 4/22/22 at 12:44 pm to
Posted by jamiegla1
Member since Aug 2016
7581 posts
Posted on 4/22/22 at 1:46 pm to
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 4/22/22 at 2:04 pm to
quote:

I'm tempted to do a big swing trade on the next peak, but I worry that it would have a Piedmont moment when I do.


That is what keeps me from swinging more shares than I have been, but it sure is tempting to go bigger with these swing trades since the SLI chart looks something like the Great American Scream Machine at Six Flags. The hard part is riding out the 30 days to avoid the wash rule. I'd really like to buy back the shares I sold March 31st for $8.45 today for $2 less/share, but I'm just going to have to be patient and hope for another strong buying day like today. Based on our economy, I don't have much fear that there won't be more good buying opportunities in the future. Hopefully Elon will hold off on buying the company until I've accumulated more.
Posted by KCRoyalBlue
Member since Nov 2020
1512 posts
Posted on 4/23/22 at 2:38 pm to
LINK

Oh yea, I hadn't bought any SLI in a few months. Scraped up some pocket change and rounded up to a total of 800 shares so far. Probably going to try and get to 1000 by the end of the summer and call it good unless we get some actual news or a catalyst.
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 4/25/22 at 8:02 am to
Regarding the Motely Fool article on Elon/Tesla getting into the mining business, from that article:

quote:

What's been speculation until now could soon be reality, going by Musk's latest words. Whether and when Tesla gets into lithium mining or refining and processing is anyone's guess. But should it do so, Tesla will become a threat to existing lithium miners, especially ones like Lithium Americas that are only just getting started.


This author isn't assuming that he will join up with an existing player and boost them along. And the author is assuming that Elon's comments are what drove the share prices down Friday.

I wonder if either or both are true.

I'm considering bumping up my positions in all of my lithium holdings (except SLI, where I'm already very heavy).
Posted by el Gaucho
He/They
Member since Dec 2010
56898 posts
Posted on 4/25/22 at 8:36 am to
Why didn’t y’all tell me to sell at 9
Posted by KCRoyalBlue
Member since Nov 2020
1512 posts
Posted on 4/25/22 at 8:49 am to
SLI setting up an office in El Dorado.

LINK
Posted by kengel2
Team Gun
Member since Mar 2004
32903 posts
Posted on 4/25/22 at 9:18 am to
quote:

Why didn’t y’all tell me to sell at 9



Can a stock go negative and require me to pay more?
Posted by Auburn1968
NYC
Member since Mar 2019
23135 posts
Posted on 4/25/22 at 10:28 am to
quote:

This author isn't assuming that he will join up with an existing player and boost them along. And the author is assuming that Elon's comments are what drove the share prices down Friday.

I wonder if either or both are true.


That was a lot of presumptive speculation for sure.

Musk could buy an existing lithium miner.
Posted by wickowick
Head of Island
Member since Dec 2006
46136 posts
Posted on 4/25/22 at 1:48 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
23135 posts
Posted on 4/26/22 at 9:22 am to
That office doesn't look inspiring, but it looks prudent at this stage of the game.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34037 posts
Posted on 4/26/22 at 9:49 am to
That logo and typeface are awful. But I guess that's not what matters.
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