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re: Diving deeper on Standard Lithium?

Posted on 4/29/21 at 9:43 pm to
Posted by GrizzlyAlloy
Member since Aug 2020
2581 posts
Posted on 4/29/21 at 9:43 pm to
quote:

My guess is PR on Monday with the JV news. You wouldn't have the type of volume we've seen this past week if word of that hadn't leaked already


This has been the MO for the last year. Action 2 weeks prior to the news dropping. Let's hope that there's more eyes on it now and that it pops again on the actual press release.
Posted by SmackoverHawg
Member since Oct 2011
28946 posts
Posted on 4/30/21 at 7:35 am to
Salaried workers at LNXSF got bonuses and raises deposited last Friday pm. Non-salaried today. Quite a few put their whole bonus into STLHF. And have at other times. A couple of younger guys were putting half their paychecks in. I know one that probably has almost as many shares as I do at a even lower cost basis. Haven’t seen him in a bit but he had about 55-60k at around end of April last year. Said he was gonna get 100k. 27 yo and been investing half his paycheck and all his bonuses since he started working. He’s one of my prodigies. Maxes out 401k every year since day one. Said he took my advice from when he was 14 and lived by it. He’ll pay a visit here and there pretty much to talk about finances. Little sumbitch is gonna be a billionaire if he keeps it up!
Posted by SmackoverHawg
Member since Oct 2011
28946 posts
Posted on 4/30/21 at 7:59 am to
So I wouldn’t be surprised if we see a spike at end of day or Monday. Don’t think any press releases until end of quarter.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/30/21 at 8:01 am to
End of quarter or end of month?
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 4/30/21 at 8:25 am to
quote:

Salaried workers at LNXSF got bonuses and raises deposited last Friday pm. Non-salaried today. Quite a few put their whole bonus into STLHF. And have at other times. A couple of younger guys were putting half their paychecks in. I know one that probably has almost as many shares as I do at a even lower cost basis. Haven’t seen him in a bit but he had about 55-60k at around end of April last year. Said he was gonna get 100k. 27 yo and been investing half his paycheck and all his bonuses since he started working. He’s one of my prodigies. Maxes out 401k every year since day one. Said he took my advice from when he was 14 and lived by it. He’ll pay a visit here and there pretty much to talk about finances. Little sumbitch is gonna be a billionaire if he keeps it up!

Send him here to TD
Posted by SmackoverHawg
Member since Oct 2011
28946 posts
Posted on 4/30/21 at 8:39 am to
Hell, I don't know! Keep hearing different things! No one has been consistently accurate about timelines. I'm still thinking $5 by end of week after next, but that's conjecture based on multiple factors. One being more people talking about it around here and wanting to get in before they miss the boat, and some oil money that was strapped with low prices for a year. Know a few that have bought quite a few shares but not what they could've done without the oil crunch. Whether or not they go balls deep like they say they want to is another story. But you get a few of them buying 50k-100k chunks and we'll see a jump. It's the remote investors doing the selling. That's what's making it harder to hold levels on the spikes. But another thing we are seeing is that those still with shares are holding tighter. Every share I buy is off the market..for now. But I said from day one that I was in for at least 5 years unless something unexpected springs up. I've made a nice chunk but definately not life changing. This has the potential to change the lives of my kids' kids

That's the exciting thing about this stock, just the Lanxess and Tetra deals have huge upside even at current stock prices. I can assure you, STLHF is looking far past that. Wouldn't be surprised to seem them work something out with Albermarle and their brine later. Not to mention the geothermal units in California and their holding in Utah I believe and thought I saw somewhere about rights in Dead Sea area. Albermarle would be an easy/low cost project like Lanxess, but they don't have as much brine production here and I believe their lithium concentrations were like 20-25% lower. Their DLE venture failed miserably early on. Plus Lanxess Germany aquired 30 brine sites in Europe sometime last year, no clue about lithium concentrations, but the timing of the acquisition intrigues me.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/30/21 at 8:52 am to
Crazy that it takes 1-2M in volume to push it from $3.2 to $3.85 and only a few hundred thousand to drop it to $3.4. Weak paper handed retail traders and MM's are impressive.

But even on the "heavy" volume days, less than a percent of outstanding shares are being traded here which is still crazy low volume. When this thing really rips, those people chasing are gonna have to have super high bids to pry shares away from the iron fisted holders.
This post was edited on 4/30/21 at 8:59 am
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 4/30/21 at 8:56 am to
Yup, pretty ridiculous what those MM's can do.

Got a buy in at $3.35 just in case.
Posted by tigerfoot
Alexandria
Member since Sep 2006
59000 posts
Posted on 4/30/21 at 9:28 am to
quote:

But even on the "heavy" volume days, less than a percent of outstanding shares are being traded here which is still crazy low volume. When this thing really rips, those people chasing are gonna have to have super high bids to pry shares away from the iron fisted holders.


I love your optimism!
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 4/30/21 at 9:40 am to
quote:

But even on the "heavy" volume days, less than a percent of outstanding shares are being traded here which is still crazy low volume.


Crazy low. Wednesday pretty much matched the all time high for single day volume at a whopping 800k. That is absolutely nothing for a company with 100M+ shares outstanding. And the price jumped 10%.

We've got a multi-million volume day coming soon, and when that happens we're looking at 30-50% runs.
Posted by Who_Dat_Tiger
Member since Nov 2015
22344 posts
Posted on 4/30/21 at 9:41 am to
quote:

Who_Dat_Tiger - 5.5k

I’m at 6500, FWIW. I promise you I’ll get the itch to buy again. I’ve settled down for now though. Makes me feel better hearing Hawg talk about people putting their entire bonus checks into this
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/30/21 at 9:43 am to
quote:

Makes me feel better hearing Hawg talk about people putting their entire bonus checks into this


Yeah that's a pretty huge sign. That's a bigger % bet for them than me, even with my chunk of shares! This is going to be a really nice success story for lots of people. Real happy for the future for Southwest Arkansas as well as it's a pretty impoverished area.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6422 posts
Posted on 4/30/21 at 2:15 pm to
picked up some more @3.39. now at 700 shares avg $3.50

ETA: for real, my avg is now tree fiddy
This post was edited on 4/30/21 at 2:20 pm
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/30/21 at 2:40 pm to
It'd be fascinating to see a map of where STLHF stockholders live and how many shares they own. Probably a very high concentration in SW Arkansas and Louisiana and Vancouver with one weird spike over here in Indiana, haha.
Posted by Got Heeem
Georgia
Member since Sep 2012
3631 posts
Posted on 4/30/21 at 2:52 pm to
quote:

It'd be fascinating to see a map of where STLHF stockholders live and how many shares they own. Probably a very high concentration in SW Arkansas and Louisiana and Vancouver with one weird spike over here in Indiana, haha


In for another 300. Can't stop buying Lithium, of the Standard variety!
This post was edited on 4/30/21 at 2:56 pm
Posted by jimjackandjose
Member since Jun 2011
6635 posts
Posted on 4/30/21 at 2:57 pm to
I agree that when this does get a heavy volume day, it will gap up substantially

A lot of folks have put this stock on their “wait and buy later list”.
Those people will be chasing hard.

I might, big might, sell 25% of my shares at 10 dollars to recoup my initial investment.

The rest is riding for quite some time
Posted by PotatoChip
Member since May 2014
4197 posts
Posted on 4/30/21 at 3:00 pm to
I don’t plan on selling any shares under $30 (only a $4 billion market cap). After that, I’ll look closer at current production and contracts to make a decision.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 4/30/21 at 3:13 pm to
CNBC ad sighting
Posted by el Gaucho
He/They
Member since Dec 2010
56834 posts
Posted on 4/30/21 at 5:12 pm to
This shite better go up Monday

Last 2 days have had me wanting to sell hard
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 4/30/21 at 5:16 pm to
Monday or not, I’m in it for the long term gains. If you knew this would be north of $10 by this time next year, would you really care about what happened between now and then?

If no news next week, would not be surprised if this fills the gap at $3.2ish, but solid support below that.
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