re: Diving deeper on Standard Lithium?

I was gearing up to sell 10% of my position this week until Mike dropped his post about trusting Mintak and then his call summary for dessert.

Will continue to pass along whatever seems prudent with a moderate dose of speculation mixed in.

Not here to influence anyone else's decisions and am always open to having my takes balanced by the opposite sentiment at a given moment.

Thanks for the encouragement

Because it's shaping up to be an otherwise boring Friday, I'll play the carnival gypsy game this morning and read pre-market MM signal tea leaves.

So far we have a 100 signal (I need shares) and a 500 signal (gap the stock). Tea leaves tell me that an MM is going to drive the price up while another chases, big day coming.

60% of the time, my tea leaves are right every time.

Obviously the market is forward-looking and sharps don't wait for things to be obvious to everyone before establishing positions but I think the bigger issue at hand in the short term with stocks like $SLI is a broader market correction more than anything.

If you like the stock buy in tranches and DCA. There's a reason the adage "time in the market beats timing the market" is so cliché. Smart money doesn't wait for something to look like a layup before it's deployed (Risk-->Reward). Sure you could wait and load up on a correction, but you're risking the opportunity for asymmetry. If $XOM comes in and flops it on the table and you're still on the sidelines you might not be too happy with your decision.

SLI is like an abusive relationship at this point

quote:

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maybe she will change

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I bought her shite again today

thats what happens when she treats you really good in the beginning

Never heard of it. Was just a joke, trying to lighten the mood, but everyone so sensitive here. Anything under 2 should be a long hold, and that’s only a 40% drop from here, with Sept/October blues ahead. May miss my targets, but looking to buy a lot of shares, and it’s alway a risk/reward to get in and time any stock, and since ground isn’t getting broke till 2025, just hoping at the lowest entry point possible( more shares). It’s always a gamble, enter at your own risk…

Probably not, but it’s a gamble like everything

Everyone in this board has had their chance to catch this train if/when it takes off. This shite with “I need to get one more buy in lower” should have shut down at page 500.

I don’t understand people feeling like they need to wait for it to go lower before buying. At today’s price you get shares for less than 50% of what Koch paid while the company has de-risked significantly since Koch’s investment.