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re: Diving deeper on Standard Lithium?

Posted on 12/27/22 at 10:47 am to
Posted by astonvilla
New Jersey
Member since Dec 2005
3287 posts
Posted on 12/27/22 at 10:47 am to
thanks for the update Lee.

Yes Sir, still have my shares in ORGN. its holding up well considering the market. seems like they are keeping all their promises, isn't it?
Posted by Who_Dat_Tiger
Member since Nov 2015
22324 posts
Posted on 12/27/22 at 12:17 pm to
quote:

Yeh, victim of being in a pretty quiet period in a bad bad market. Great value at these levels. Depending on when it happens I think I’m looking to potentially double my position if it gets to $3.
sold a long time ago and Ive had an alert set at $3 waiting for this for months. After watching it drop to 3-3.25 range multiple times and then bounce though finally started biting in today. Bought a few thousand shares at $3.15 and I’ll keep buying thousands at a time on the way down if it continues to drop, given no negative news that is.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 12/27/22 at 3:11 pm to
quote:

Yes Sir, still have my shares in ORGN. its holding up well considering the market. seems like they are keeping all their promises, isn't it?


Well we certainly jinxed ourselves today as it got slaughtered along with TSLA, wow. They really need to update the public on the status of the O1 plant, they talked so long about it being done by year end and crickets so far, so retail is panicking here along with lots of tax loss harvesting.
Posted by astonvilla
New Jersey
Member since Dec 2005
3287 posts
Posted on 12/27/22 at 3:56 pm to
agree but I have confidence in the management.
Posted by FMtTXtiger
Member since Oct 2018
4533 posts
Posted on 12/28/22 at 8:24 am to
SLI on the ticket this am, anything going on? Don't always see it everyday.
Posted by GREENHEAD22
Member since Nov 2009
20045 posts
Posted on 12/28/22 at 11:41 am to
I am taking a beating on this, what are the thoughts on DCA or is too risky?
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1353 posts
Posted on 12/28/22 at 1:36 pm to
annnnnddddd we are in the 2s
Posted by Who_Dat_Tiger
Member since Nov 2015
22324 posts
Posted on 12/28/22 at 1:43 pm to
Just got that $3 alert. I’m in for another 5k! Man this thread used to always be popping. I remember a year or so ago when I checked this board regularly and the posters ITT alone held somewhere around 5% of total shares and now it’s dead.

I get it though, the markets not fun anymore like it was a year ago

Eta: funny that when I started following this thread nearly 2 years ago my first buy was $3/share of STLHF. Can’t believe we’re back here at those OTCMKT prices. Going to take a lot longer to reach $13/share again in this market
This post was edited on 12/28/22 at 1:51 pm
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1353 posts
Posted on 12/28/22 at 1:48 pm to
I think there is a lot of potential for the fun to return. However, as someone else said, it has been very quiet in a bad market. So, this is what you get.
Posted by Shepherd88
Member since Dec 2013
4805 posts
Posted on 12/28/22 at 2:11 pm to
It’ll get back to $6 and then everyone will start chiming in that they’re waiting for it to go back down sO ThEy CAn BuY MoOoOOrE
Posted by GREENHEAD22
Member since Nov 2009
20045 posts
Posted on 12/28/22 at 2:50 pm to
When do you realistically see it getting to 6 again? I think it has a better chance of seeing $1 in the next twelve months than 6.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3374 posts
Posted on 12/28/22 at 3:04 pm to
I bought 2k more at $3.00
Posted by Shepherd88
Member since Dec 2013
4805 posts
Posted on 12/28/22 at 3:10 pm to
Anybody’s guess is as good as mine.

This is what you get with a high beta stock though, especially one that is pre revenue. High interest rates are slaughtering these types currently with no further look into them.

Thing is, SLI currently has very little or no debt. So that tells one side of the story. However, they may be looking to acquire some in the near future with a build out, or they’ll have to dilute their stock some more. Both of these assumptions I think could be weighing down the stock.

All in all, we probably got another 6 months of this back n forth in the markets I would think before everything really finds a direction back upwards.

Hopefully the DFS study comes back positive and that should solidify a foundation here. If it doesn’t, then it won’t be good.
Posted by Beerinthepocket
Dallas
Member since May 2011
871 posts
Posted on 12/28/22 at 3:26 pm to
In addition to a positive DFS/FEED. There’s still another $4.2 billion (already doled out $2.8B) in funds for the battery supply chain from the infrastructure law that was passed waiting to be doled out. If SLI got a piece of that we’d see a significant increase.
Posted by Ron Cheramie
The Cajun Hedgehog
Member since Aug 2016
5418 posts
Posted on 12/28/22 at 3:37 pm to
How it got to over $12 this early is insane. Almost a $2B market cap with no product Many of the OGs sold some or all of their shares over $10. Wish I would have but I did sell half to get my initial investment out

Think we will see it ranging in the 2s for some time

Not financial advice

Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2900 posts
Posted on 12/28/22 at 4:23 pm to
quote:

Many of the OGs sold some or all of their shares over $10


Posted by LSUSLU106
Member since Mar 2015
659 posts
Posted on 12/28/22 at 4:34 pm to
Dang all you guys are giving up sounds like
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2900 posts
Posted on 12/28/22 at 5:09 pm to
Not really..... I'd do the same thing if someone reminded me that HMBL was over 7$ once.
Posted by jimjackandjose
Member since Jun 2011
6635 posts
Posted on 12/28/22 at 7:31 pm to
Bought back in today

Expecting another run up when market makes another bear rally. I’ll sell again then
Posted by Auburn1968
NYC
Member since Mar 2019
23084 posts
Posted on 12/28/22 at 9:50 pm to
quote:

How it got to over $12 this early is insane. Almost a $2B market cap with no product Many of the OGs sold some or all of their shares over $10. Wish I would have but I did sell half to get my initial investment out


If I'd sold at $12, I would have almost certainly bought back at below $10.
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