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Posted on 10/14/22 at 4:06 pm to Shamoan
The 2022 stock market as a whole is a lead weight. Plenty of great companies are going down with the ship. This is not exclusive to SLI. Even if SLI's leadership put out a PR, it would only get a mild bounce, then get dragged right back down the next day. That's the state of the market today. One day it'll turn around, but for now, there's not much that any individual company's leadership can do to swim against this massive current going the wrong way.
Posted on 10/14/22 at 8:57 pm to Neauxla_Tiger
Don’t disagree, but this has been a problem for longer than the recent downturn
Posted on 10/15/22 at 9:44 am to Shamoan
I don’t think so. Mintak looks like a genius right now for getting $100M from Koch at well over $7 a share. All of us average joes can get a piece of SLI for less than half what Koch paid right now.
Posted on 10/15/22 at 10:36 am to Beerinthepocket
The million share dump the other day concerns me, If there are follow ups to that then I'll really get concerned.
Posted on 10/15/22 at 5:10 pm to Beerinthepocket
quote:
I don’t think so. Mintak looks like a genius right now for getting $100M from Koch at well over $7 a share.
Was the Koch purchase for common shares?
Posted on 10/15/22 at 7:22 pm to Jag_Warrior
I’m pretty sure it was a private offering and it diluted the stock price when they did it. But that doesn’t mean they couldn’t sell on the open market either.
Posted on 10/15/22 at 10:07 pm to Jag_Warrior
Yes, I think it was $7.42ish a share.
Posted on 10/16/22 at 9:42 am to Beerinthepocket
Probably a good week to buy next week. We may do an overall market run up and this on could get back to 5 on a runner
Posted on 10/17/22 at 9:29 am to Wraytex
quote:
The million share dump the other day concerns me, If there are follow ups to that then I'll really get concerned.
Someone bought about 150k this morning. Made a nice spike.
Posted on 10/17/22 at 11:07 am to Auburn1968
quote:
No matter how slow SLI has plodded away their strategic lead advantage, they still have the source brine.
Not to mention operating in a very low cost area, access to all necessary infrastructure, including rail access at all sites and centrally located. Just a matter of Koch engineers help working out the kinks of the scale up.
Posted on 10/18/22 at 6:27 am to SmackoverHawg
I take the appointment of PwC as auditor to be a very positive development which will help to further establish legitimacy.
Posted on 10/18/22 at 7:53 am to Beerinthepocket
I was trying to interpret if that was a good thing or bad thing that they switched auditors
Posted on 10/18/22 at 8:04 am to Shepherd88
Good thing, they switched from a mid-tier firm to a top tier firm.
Posted on 10/18/22 at 12:29 pm to Beerinthepocket
quote:
Good thing, they switched from a mid-tier firm to a top tier firm.
As someone who works for a Big 4 firm (not in the auditing practice though), I would be concerned if it went the opposite way - from a Big 4 auditor to a smaller firm.
In the current situation I’m not sure if the interpretation should be positive or neutral. But it’s definitely not negative.
Posted on 10/18/22 at 1:46 pm to Auburn1968
quote:
Someone bought about 150k this morning. Made a nice spike.
please be Paul Pelosi
This post was edited on 10/18/22 at 1:47 pm
Posted on 10/18/22 at 5:12 pm to Shamoan
quote:
please be Paul Pelosi
How about Nancy instead?
Posted on 10/18/22 at 6:20 pm to Shamoan
quote:
please be Paul Pelosi
You know that he’s had a string of losing trades lately, right?
Posted on 10/19/22 at 11:58 am to Jag_Warrior
PLL was just awarded a $140M grant.
Man I hope SLI is next…
Man I hope SLI is next…
Posted on 10/19/22 at 12:27 pm to Fe_Mike
quote:
PLL was just awarded a $140M grant.
Man I hope SLI is next…
That would be a boost!
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