LSUDMD

Thank you for this, very helpful. I’ve got 11/21 150’s that aren’t looking too good right now

Rookie question about options: when someone says they’re going to roll or move their calls to a farther out expiration, does this simply mean a simultaneous sell of, say Oct expiry and buy of Dec expiry? Or is it possible to somehow change expiry on existing calls for a fee?

I’m the same…and fwiw, you’ve played a very similar role for me with NBIS.
I have no business buying individual stocks, but I enjoy (some of) it and appreciate those who take the time to research these companies and then are generous enough to take the time to share with the rest of us

What’s your plan if it hits $65 next week?

This “buying opportunity”seems to be working out just like Fe Mike predicted it would…

When my money is involved, I tend to have a short memory. I have also been watching for an announcement and am disappointed we didn’t get one today. But that doesn’t mean it’s time to panic…we’ve seen this before, repeatedly. If nothing else, these guys are methodical and precise in their progressions. There may very well be a finished study to report on that is still not public , or it may not be ready yet. But to my ignorant mind most everything to this point has been positive, if a bit on the slow side. This is a huge deal, and I am OK with them taking a “check twice (or 3 times), cut once” approach

saw this today on SLI’s FB group so thought I’d pass it on. Don’t know the guy but it sure does sound good. I still hold 60,000+ shares…haven’t bought in a while but I think I might try to grab more before it leaves the 3’s…

“I’ve spent over 38 years working in an industrial environment with 36 of them in nuclear chemistry.
About 1 year ago I got a very nice tour of the SLI pilot plant.
Here are key points I observed
1. They are continually adjusting the process streams to come up with most efficient conversion
2. There were Koch employees on site working along with SLI
3. There were hundreds of samples bottles with lithium carbonate that had been produced with greater than 99.5% purity
4. The workers were very knowledgeable and could answer all the questions I could come up with
I’ve read the business report from early on when lithium prices were at $13,000 a ton and brine concentrations at the pilot plant were 175 ppm, with those stats it was still a viable plan
Fast forward to now
Prices have been up to $85,000 per ton but have fallen into the mid $30,000 Per ton. The new wells in Texas are around 600 ppm lithium.
I believe if we had lower interest rates they would be building several plants right now
I have met with very senior leaders of this company as well as the CEO.
With all that being said I buy shares every week . I don’t expect huge returns until they announce ground breaking on commercial plant. Also I don’t have any expectations for large scale production until very late 2025
I’m in the camp where you get this initial design down before you jump in with both feet. Costs a lot less to build then redesign and rebuild once started
About 10 more mutual funds are now invested bringing total to 107
Koch holds all the shares ($100 million )they bought for around 7
I’ve seen price predictions all the way to $500 a share
and that was back when the target was 30,000 tons a year. Now the projection is 50,000 tons per year
Exciting time ahead”

I've been wanting to learn more about options trading, but up to this point I've not put in the time to learn about the different strategies. Do you guys have advice/recommendations of good sources to learn this stuff?

Good points, but even if I did have to pay taxes, I still believe putting ~$8400 / year somewhere else over the next however many years is a much better play than continuing to give it to Guardian. Right?

Yep, I agree it's a really bad idea for most to buy whole life...it definitely stings if I think about "what if's".

I have ~2.5 million in term already and I feel that is way more than enough for our family. I'm mainly asking if there's anyone who thinks ending the policy now after I've already paid that huge amount into it is a bad idea.

From my perspective it seems like I'd be eliminating both a high interest loan as well as a poor financial decision. I'm 45, so if I keep the policy I'll continue to pay $750/month into it, but if I end the policy I could transfer those payments PLUS the $2000/month loan payments into something else. Hindsight is 20/20, but I'm looking at another 15-25 years of work most likely and I'd like to maximize that saving/investing window.

And to your question, it's Guardian insurance (both the whole life and the term, and the disability)

Actual #'s after just looking again: $705/month premium, $115,000 cash value, $810,000 death benefit

Still holding 60,000+, for better or worse. I decided in 2020 to make SLI an investment of 3-5 years instead of a trade, and that’s still the plan. It’s a rough market right now and lots of quality stocks are struggling. I’ve seen nothing in the past year to change my mind that I’ll look back in 20-30 years happy that I held onto this stock.