Started By
Message

re: Diving deeper on Standard Lithium?

Posted on 5/13/21 at 12:19 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
23105 posts
Posted on 5/13/21 at 12:19 pm to
Added a little more at $2.85.
Posted by jimjackandjose
Member since Jun 2011
6635 posts
Posted on 5/13/21 at 12:24 pm to
Added as well but am also growing my cash position and vxx
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 5/13/21 at 12:36 pm to
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27691 posts
Posted on 5/13/21 at 12:37 pm to
I can't even enjoy watching my AMC shares because this stock is fricking me over a barrel.
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 5/13/21 at 12:51 pm to
Told y’all to wait for 2.75 today.

Off a dang cliff. There is just zero support at these levels.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27691 posts
Posted on 5/13/21 at 1:00 pm to
Do I just dump and take the loss at this point? shite.
Posted by LChama
Member since May 2020
2678 posts
Posted on 5/13/21 at 1:00 pm to
Im sorry fellas. I bought. It always goes down when i do that. Im out so you should be good now
Posted by Fe_Mike
Member since Jul 2015
3538 posts
Posted on 5/13/21 at 1:24 pm to
Haha nah, especially not if you’re in the red. I’d start to buy down a bit. Just a technical over correction (I think our accumulation period unfortunately lined up with a market swing and we dropped too far) but all of the catalysts are still out there.

Recovery to $3 should be no problem next week.
Posted by molsusports
Member since Jul 2004
36672 posts
Posted on 5/13/21 at 1:31 pm to
No reason to sell in my mind. If you believe that the company will produce a needed commodity then buy and hold.

Or just YOLO and put it all into GME and AMC. Note that this is not financial advice and YOLO is deeply offensive to people who believe in reincarnation.
Posted by tigerfoot
Alexandria
Member since Sep 2006
59005 posts
Posted on 5/13/21 at 1:31 pm to
Why are you out? It fell
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 5/13/21 at 1:51 pm to
30k even now.

I’m done.




(Really!)
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 5/13/21 at 2:24 pm to
Was tempted to add more STLHF but added more to NVVE instead. At today’s price half of their market cap is just cash on the balance sheet. NVVE might drop further in this market, but if it drops to $5 I’ll max out my HELOC on it.
Posted by Boss13
Mobile
Member since Oct 2016
1609 posts
Posted on 5/13/21 at 2:42 pm to
Added another 500 shares, probably because I am a masochist.
Posted by LChama
Member since May 2020
2678 posts
Posted on 5/13/21 at 7:05 pm to
Im like Jonah. It doesnt go up til i sell
Posted by SmackoverHawg
Member since Oct 2011
28961 posts
Posted on 5/13/21 at 7:19 pm to
quote:

Off a dang cliff. There is just zero support at these levels.



Me and the fam dropped some support after lunch.
Posted by CorkRockingham
Member since Jun 2017
502 posts
Posted on 5/13/21 at 7:23 pm to
She bounced right on the 100 day moving average. Only wick no body.

Crisis averted....for now.
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 5/13/21 at 9:40 pm to
Yep thank goodness. Glad I didn’t diversify my miner exposure with LAC or LLKKF as those are down 30-50% the past few months while STLHF is about flat.
Posted by weisertiger
Lake Charles, LA
Member since Sep 2007
2513 posts
Posted on 5/13/21 at 9:56 pm to
Interesting tidbit that is not necessarily STLHF related, but lithium related.

I work at a marine dealership and we had a 2022 year model update meeting today and most of the 2022 boat models for one of our vendors will now come standard with lithium batteries. Really made me feel like in a couple years lithium will be huge and hopefully so will STLHF
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 5/13/21 at 10:14 pm to
Long and strong.

Not to hijack - but nuvve - general you talked some projections a week or so ago - did not see it in o eat or deck. Do you have a link you could throw a brother
Posted by GeneralLee
Member since Aug 2004
13877 posts
Posted on 5/13/21 at 10:25 pm to
Below is the link to the SPAC deck...

LINK

It's not in that deck, but their projections are for ~$32M revenue in '21 and ~$90M revenue in '22. Their earnout hits if they get to $30M revenue in '21. Backing out cash from EV, it's trading at roughly 1-1.5X '22 revenues right now, which is a much lower multiple than others in the EV space like BLNK and CHPT which are much lower margin, more capex heavy businesses.

It closed at $7.37/share today, under attack with shorting for weeks now. Earnings on Monday so hopefully that stops the blood letting. But would not be shocked to see it go to $5/share in this insane market. If it does I'm going all-in, would even sell my Standard Lithium stock to go all-in at that valuation level as $3.50/share alone is just cash on their balance sheet.

I have NVVEW warrants in my tax advantaged accounts and NVVE commons in my brokerage account. At ~$7.37 commons and ~$1 warrants (which are 2:1 and have a strike price at $11.5, company can call them at $16.5/share), I think the commons are a slightly better bet at this point in time. Tax event is incurred if company calls warrants, which is why I have commons in my brokerage account so I can control the timing of the sale of my common shares there.
This post was edited on 5/13/21 at 11:12 pm
Jump to page
Page First 81 82 83 84 85 ... 947
Jump to page
first pageprev pagePage 83 of 947Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram