Trading Summary - July 13. All the additional O
Post# of 6910
All the additional OTC market top traders that started to take an interest in $SFLM over the weekend for self evident reasons were still commentating on it today and confirming additional buys.
At the open, walked down asks at .0060 > .0062 put in before the close yesterday had ben cancelled and .0063 > .0066 was bought out.
Most OTC market top traders - who are also in $PRPM - had to start concentrating on $PRPM when the .0011s were bought out on a 50M buy and throughout the day jockeying for reload positions as it moved rapidly to .0014.
During this period, the usual modus operandi of the one or two long-term scammers / low level flippers was observed when they took the price down to .0050 - picked up some cheap shares and then stacked them at .0060 + .0061.
Top traders reacted immediately as their alerting bids went off and started outbidding up to .0052.
The scammer(s) then tried walking some of the ask down 1 tick at a time until it got to .0054 - at which point I hit hit with a hail mary buy to .0057.
The walked down .0058 was immediately cancelled.
With less than 2 minutes to go, 2.3M in hail mary buys by other traders took out the .0059 and .0060.
It is better to let the low level flippers get a $400 > $500 profit per 500K and deprive term of the shares t hat when bought off them at .0060 > .0070 will earn $14K > $13K profit per million shares at .02+.
Again, we can expect some/all walked down asks in the .0061 > .0066 range to be cancelled before the open tomorrow.
Overall, 18M shares were traded today at higher levels .0050 > .0066 - mainly at .0060 > .0066 compared to 21M shares traded yesterday at .0046 > .0067.
Watch for .0070+ tomorrow - .01+ and then .02+ soon.
The higher the price gets before the Q2 is filed, the higher the eventual run will be.
The stock is still trading well below what the market cap should be for the revenue - before multiple of it are even considered.
I don't know of any other OTC Pink stock that already has revenue of almost $6M to date in 2021 and an Unrestricted O/S of only 675M.
Definitive DD here:
https://investorshangout.com/post/view?id=6181044
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.