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re: Diving deeper on Standard Lithium?

Posted on 6/1/22 at 7:36 am to
Posted by Fe_Mike
Member since Jul 2015
3540 posts
Posted on 6/1/22 at 7:36 am to
Hold on to your butts, looks like another rough day for the lithium sector.

Going to take some news to stop this bleeding.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 6/1/22 at 8:52 am to
My butt cheeks are squoze
Posted by Auburn1968
NYC
Member since Mar 2019
23122 posts
Posted on 6/1/22 at 8:58 am to
quote:

Lithium being hit hard by Goldman Sachs releasing a market report predicting lithium prices to fall over 70% by the end of 2023.

While I do think it is overpriced and expect some correction, I don’t think there is any chance it gets under $20k like GS is predicting and likely not under $30k.


Surely, GS wouldn't manipulate the market.

Based on all of the EV plans and lithium battery expansion, it looks like the only thing that would kill demand would be fuel cells or some new technological breakthrough that didn't use lithium.
Posted by tigerfoot
Alexandria
Member since Sep 2006
59017 posts
Posted on 6/1/22 at 9:05 am to
I doubt it stops any time soon. If you are in you better be in on the right ones and prepare to be in em for a long time.
Posted by Fe_Mike
Member since Jul 2015
3540 posts
Posted on 6/1/22 at 10:17 am to
Surprised we’re holding up as well as we are with how the other players are doing. Looks like 10% down across the board, even Albemarle.

We track a bit closer to tech companies than miners which is good today.
Posted by Fe_Mike
Member since Jul 2015
3540 posts
Posted on 6/1/22 at 10:38 am to
Ah, well, now we’re playing catch-up. Although the other guys are still trying to run away. LTHM and PLL down 15%. Yikes.
Posted by jimjackandjose
Member since Jun 2011
6636 posts
Posted on 6/1/22 at 10:46 am to
5 dollars going to be load zone
Posted by GREENHEAD22
Member since Nov 2009
20062 posts
Posted on 6/1/22 at 10:57 am to
Id be lying is I wasn't hoping for a full market crater and SLI to drop down into the $4-5.
Posted by kengel2
Team Gun
Member since Mar 2004
32900 posts
Posted on 6/1/22 at 11:06 am to
quote:

5 dollars going to be load zone



I actually have money now to throw at these dips. Might get the boat afterall.
Posted by el Gaucho
He/They
Member since Dec 2010
56890 posts
Posted on 6/1/22 at 11:08 am to
I wish I would’ve sold at any point before now

What happens when this goes to negative dollars? Do we pay mintak?
Posted by GREENHEAD22
Member since Nov 2009
20062 posts
Posted on 6/1/22 at 11:40 am to
Indentured servant time boys!

shite it gets bad enough we just go up there and put our nuts on his Canadian head and take that bitch over. We have enough O&G, PM, Refining, and redneck ingenuity to get that shite going.
This post was edited on 6/1/22 at 11:44 am
Posted by molsusports
Member since Jul 2004
36675 posts
Posted on 6/1/22 at 12:11 pm to
quote:


What happens when this goes to negative dollars? Do we pay mintak



You can work it off in carbon credits. You spend 30 minutes twice a day breathing in cow farts for the next two years
Posted by el Gaucho
He/They
Member since Dec 2010
56890 posts
Posted on 6/1/22 at 12:15 pm to
quote:

You can work it off in carbon credits. You spend 30 minutes twice a day breathing in cow farts for the next two years

I hear this is what they’re doing with all the leftover Covid ventilators
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 6/1/22 at 12:17 pm to
quote:

You can work it off in carbon credits. You spend 30 minutes twice a day breathing in cow farts for the next two years



Pair that with a nice bottle of wine!
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2912 posts
Posted on 6/2/22 at 8:45 am to
quote:

I wish I would’ve sold at any point before now



Here's your big chance.
This post was edited on 6/2/22 at 8:46 am
Posted by Auburn1968
NYC
Member since Mar 2019
23122 posts
Posted on 6/2/22 at 9:43 am to
quote:

quote:
You can work it off in carbon credits. You spend 30 minutes twice a day breathing in cow farts for the next two years


Pair that with a nice bottle of wine!


I hear they have a fine vintage of Ripple or Maddog 2020.

I think SLI's PR firm should arrange some presentations and participation at some of the "green" gatherings, conventions, panels and demonstrations. I'm sure there are a number of "climate change" stock analysts buzzing around too.
Posted by el Gaucho
He/They
Member since Dec 2010
56890 posts
Posted on 6/2/22 at 10:31 am to
I’m holding for that Nissan truck money
Posted by el Gaucho
He/They
Member since Dec 2010
56890 posts
Posted on 6/2/22 at 11:08 am to
Dang shoulda sold
Posted by Auburn1968
NYC
Member since Mar 2019
23122 posts
Posted on 6/3/22 at 9:24 am to
SLI is just being dragged around by the overall market lately.
Posted by el Gaucho
He/They
Member since Dec 2010
56890 posts
Posted on 6/3/22 at 10:29 am to
Surprised it’s red today, I heard they were having drag queen lithium hour to celebrate pride month
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