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re: Diving deeper on Standard Lithium?

Posted on 6/15/22 at 8:57 pm to
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 6/15/22 at 8:57 pm to
I’ll be looking to buy in the $2-3 range
Posted by Pierre
Baton Rouge
Member since Nov 2005
5384 posts
Posted on 6/15/22 at 9:41 pm to
Damn it. The last page had me scrounging the old couch cushions again! We ridin’
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/16/22 at 6:09 am to
Probably going sub $4 today if these futures hold up. Would be a hell of a story if I bought in the $2-3 range and sold above $10 twice in the span of two years! A legit possibility if they start construction on the commercial plants in early ‘23.
Posted by GREENHEAD22
Member since Nov 2009
20054 posts
Posted on 6/16/22 at 6:35 am to
Today is going to be ugly, whole sector was downgraded this morning.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/16/22 at 6:55 am to
Someone posted on Stocktwits a theory that SLI management might even want the share price lower in the near term to get more institutional investors.... who knows. Still think that Blue Orca was orchestrated to get Koch a more decent entry price.
Posted by Fox McCloud
Member since Oct 2020
3525 posts
Posted on 6/16/22 at 7:27 am to
Stopped at Stocktwits
Posted by el Gaucho
He/They
Member since Dec 2010
56856 posts
Posted on 6/16/22 at 7:34 am to
Do you have an asts thread or orgn thread I can go shite on all the time


If you sold then leave

Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/16/22 at 7:40 am to
ASTS is probably going sub $4 after dilution to fund Phase 1 satellites. Not very confident in management there and better than not chance it ends up as vaporware.

Much more confident on ORGN long term but short term bearish there given the overall market with S&P probably testing 300 before this bear market is over. I intend to load up in the $4's in ORGN over the next few months.

I bought and sold SLI, ORGN, and ASTS multiple times yesterday for a quick 1-2% gain on $ invested. That's really all I'm doing with stocks here recently is daily swing trading (both short and long side) while staying >90% cash, grinding out a 15-20% annual return. Buying and holding just about any stock in this market (except for private companies like SpaceX which is now my largest position) is a recipe for disaster (in the near term at least).
This post was edited on 6/16/22 at 7:51 am
Posted by el Gaucho
He/They
Member since Dec 2010
56856 posts
Posted on 6/16/22 at 8:21 am to
Idk man I hate investing

I’d give anything to just be normal and have a dsld I can’t afford and a 4 wheeler note and a large wife that forces me to spend 10k at Disney world every year but somehow I got stuck with suffering instead of bliss
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/16/22 at 9:03 am to
$3.95 yikes
Posted by el Gaucho
He/They
Member since Dec 2010
56856 posts
Posted on 6/16/22 at 9:23 am to
Oof 3.90
This post was edited on 6/16/22 at 9:28 am
Posted by PotatoChip
Member since May 2014
4198 posts
Posted on 6/16/22 at 9:39 am to
I would have to think investors will start buying at these prices. Who knows, may be sub 3 with this economy. Downgrading a sector that’s already down over 50% from its highs seems a little late…
Posted by SmackoverHawg
Member since Oct 2011
28964 posts
Posted on 6/16/22 at 9:49 am to
quote:

So he's sold about 76k shares recently, but still owns 1.548 million shares. I'm not sure if there is anything to read into here.


bet he reacquires them at a later point and doubles his shares. And last time I'd looked he had a little over 1.1million shares. So, he's added since 2020.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/16/22 at 9:55 am to
quote:

So, he's added since 2020.


Depends on your definition of "adding". He's gotten more shares from options vesting for sure.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 6/16/22 at 9:56 am to
Oof 3.82.
Posted by Shamoan
Member since Feb 2019
11542 posts
Posted on 6/16/22 at 10:01 am to
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 6/16/22 at 1:30 pm to
We’re getting crushed like the lithium cockroaches we are.
Posted by PotatoChip
Member since May 2014
4198 posts
Posted on 6/16/22 at 2:26 pm to
Never thought I’d be hoping to close around $4. Curious to how fe_mikes meeting with mintak went
This post was edited on 6/16/22 at 2:41 pm
Posted by jamiegla1
Member since Aug 2016
7564 posts
Posted on 6/16/22 at 9:00 pm to
I saw that Mintak switched gears and is now selling wellness center supplements
Posted by FMtTXtiger
Member since Oct 2018
4538 posts
Posted on 6/16/22 at 9:20 pm to
ITs time to go back to 2020, buy more.
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