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re: Diving deeper on Standard Lithium?

Posted on 10/10/24 at 10:33 am to
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 10/10/24 at 10:33 am to
As of 9/30, shorts were only 2.3%, expect that to go parabolic....
Posted by BigPerm30
Member since Aug 2011
31095 posts
Posted on 10/10/24 at 10:34 am to
I might be able to supersize my value meal if it keeps running up like this.
Posted by CharleyLake
Member since Oct 2006
1466 posts
Posted on 10/10/24 at 10:45 am to
Mais, our shares might go up in value, too.
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1449 posts
Posted on 10/10/24 at 10:58 am to
Look at us
Posted by Ballstein32
Member since May 2020
416 posts
Posted on 10/10/24 at 11:09 am to
Woohoo! Only $5.50 more to go to break even this time
This post was edited on 10/10/24 at 11:11 am
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 10/10/24 at 11:23 am to
Somebody didn't average down while they were busy announcing investor conferences.
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 10/10/24 at 11:54 am to
I need around $2.35-2.40 to get back to even. That big arse buy I made that ended the Blue Orca attack wasn't as cheap as I thought it was at the time.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 10/10/24 at 12:33 pm to
lol I wish I had that hundred shares at 12.18 back.
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 10/10/24 at 2:09 pm to
Thankfully I'm well in the green again.

I averaged down bigly at the low low $1's.
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 10/10/24 at 3:05 pm to
5 million volume

My gut says it's institutional. Lithium sector took a breather today but we're still up 10%. That's significant.

Odd activity on the lending side though.

I've had all my shares leant out....loaned out?.... for a while. But in the last 3 days, only about half have been leant out. Feels like it implies shorts are covering? Which makes sense with the price going up.

However, my interest rate has almost doubled. So that means there is more short demand. Counter-intuitive.

So I still say this is institutional investors. I think the DoE grant is finally being bought. Delayed response may have been partially due to institutions waiting on Q4.
This post was edited on 10/10/24 at 3:09 pm
Posted by Pierre
Baton Rouge
Member since Nov 2005
5420 posts
Posted on 10/10/24 at 3:39 pm to
Can’t wait for my shares to be lent out someone said it has to be over $2 to be in the lending program? Is every institution different? I’m with Schwab now and my shares haven’t been lent out even though im in the program.

Can’t wait to lend them the shares, take their money, then steamroll those fricks!!
This post was edited on 10/10/24 at 3:54 pm
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 10/10/24 at 4:38 pm to
I don’t know how they pick whose shares get borrowed.

100% of mine have been out pretty much every day this year.

The income isn’t very significant tho. Low rates and low price not great.

Yeh I’m ready for $5/share and 20%+ again.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 10/10/24 at 4:56 pm to
When the first run peaked I was at 14,000, I really started buying back in in volume under 2.50, most shares I bought were under 1.20. I'm at 40k now and 2.70 breakeven. Days like these make my head spin. My situation has changed significantly and the best scenario for me now is 5$ and above with all shares lent at 15-16.5% In that scenario I hold and take lending income.
Posted by Ballstein32
Member since May 2020
416 posts
Posted on 10/10/24 at 5:56 pm to
Haha. Nope. After I first sold and then bought back in, the blue orca report came out and the price obviously tanked. I probably should have just sold then and took the little less losses then compared to when it bottomed out. I'm stubborn and just let it ride.
Posted by BootUpCustoms
NOLA / ATX
Member since Jun 2022
348 posts
Posted on 10/10/24 at 7:18 pm to
Cmon boys, let’s go!!!!

Back even at $2.40 and I have a lot of shares

Need this back at $12, would be a lottery ticket for my art business.

Can’t believe I didn’t sell haha
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1449 posts
Posted on 10/11/24 at 10:25 am to
This feels like 2020 again without all the bad parts
Posted by Fe_Mike
Member since Jul 2015
3702 posts
Posted on 10/11/24 at 10:53 am to
Wine Mixer Status:

Prison Toilet
{Franzia}
Duckhorn
fricking Catalina
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1449 posts
Posted on 10/11/24 at 11:06 am to
Some of us are still at prison toilet
Posted by Shepherd88
Member since Dec 2013
4891 posts
Posted on 10/11/24 at 11:53 am to
Duckhorn did sell out to a private equity group here very recently fyi. Not sure if that puts it up higher on the list or not hah
Posted by FMtTXtiger
Member since Oct 2018
4991 posts
Posted on 10/11/24 at 12:50 pm to
Rollin rollin rollin, keep this doggie rollin...
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