Trading Summary - July 15. An excellent day for
Post# of 6910
An excellent day for $SFLM which traded exactly as predicted in the definitive DD based on my long-term observations of "who got what where" by price by volume and process of elimination from available intelligence.
The surprise news today deliberately held back a couple of aspects - the vastly increased sales in Q2 of $600K+ over Q1 and confirming that the company was profitable - and concentrated on all the other aspects that are well-known to the top trader followers of the main board and weekly DD updates - particularly the intention to uplist to the OTCQB and then NASDAQ eventually..
As expected, once new interest - possibly sourced by MZ Group in advance from its database - started to buy across successive asks in rapid succession - the .01+ break was achieved with ease within 3 minutes.
It moved smoothly to .0117 and would have gone much further but a few people stacked over 1M on the ask.
As is normal, others then started undercutting the ask until some inexperienced traders who had not been trading in an imperceptible manner - panicked and started whacking the bid.
MMs would also have detected that over 1/3 of the Unrestricted O/S of only 675M had been traded by the time the hod of .0117 was reached.
With several top long-term traders wanting to hold 10M > 30M at all times for future surges, correct market price and uplisting and not selling - then MMs proceeded to walk it down to dupe some amateurs into selling.
Experienced traders having sold say 25% of their holding for a multiple $5-figure profit up to the hod - concentrating on locking in a conservative 20% > 50% profit on their higher price lots bought on the way down from the run to .02 last time - then were able to buy a larger number of shares than they had sold by taking out the walked down asks in the .0054 > .0066 range by the close - and still have cash for buying out higher asks in the future.
Overall, 286M were traded in the range .0053 > .0117.
Hod was .0117 from a close yesterday of .0060 - 95%.
$SFLM remains my #1 Top Profit Pick for the whole of 2021 and until it uplists - and was declared as such over 8 months ago - for the self-evident reasons in the definitive, comprehensive DD here:.
https://investorshangout.com/post/view?id=6181044
Watch the next auction tonight if interested.
http://www.ebaystores.com/SFLMAVEN-ANTIQUES-JEWELRY-FINE-ART
I'll be updating 2021 eBay revenue figures to close of business July 16 - and the DD - over the weekend.
Don't forget they are now selling via another means as well now.
https://www.1stdibs.com/more-from-seller/jewe...Pk=j_23032
30 minutes prior to the close, most OTC market top traders had to switch emphasis to another Watch List ticker $INCC - which having just had huge unexpected news - ran over 300% in the the predicted very thin manner and closed only 1 tick below the hod of .0050. We can return to getting the .0070+ break on $SFLM tomorrow.
We can expect both $SFLM and $INCC to gap up tomorrow.
I'll certainly be adding more $SFLM in the .0070 > .0080 range if anyone is stupid enough to leave walked down asks up.
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.