Trading Summary - October 8. OTC market top tra
Post# of 6629
OTC market top traders who already have most of the $SFLM shares they need in the current band .0040>.0050 were busy elsewhere on multiple movers / reloaders from the Watch List - primarily $PRPM - which had the .0008s and almost all .0009s bought out 30M>60M at a time - but also $ENZC $PSRU $INCC $INQD.
While all the above was going on, $SFLM had the usual holdback attempts from the 2 x scammers which were effectively countered by a whale bid of $28K at .0042 and subsequent multiple ask buy s of 1M at .0043/.0044 and 2M at .0044 ($8.8K) just before the close.
Overall on $SFLM, longs and new interest bought another 8.2M shares at bottom prices in the same range .0042 > .0044.
Since the loading at bottom prices total was restarted after the last run, 154.1M shares have been bought up to .0052 in 13 trading days September 22 - October 8.
New interest traders / alerters + long-term traders with significant followings as at October 2 numbered at least 59 - up 10 in the previous 7 days - and I'll be updating this going forward.
https://investorshangout.com/post/view?id=6254224
Particular points they like are:
- Real revenue of $11.5M per year.
- Low Unrestricted O/S of 793M.
- How thin it is into the .01 > .02 range.
On the next run over .01, the degree to which $SFLM penetrates up towards .02+ will depend on how many of these new followers take profits above .01.
Either way, longs who follow my strategy will be keeping the core holding for the OTCQB uplisting - which will require sustaining prices above a .01 bid - and also some for when all 9 elements reach the same revenue level anticipated by the CEO.
On September 16, the 9th CEO update video was posted - linked via Twitter - and confirmed by formal PR on September 21.
In essence, 8 x revenue expansion planned for 2022 as explained here:
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=321684
The correct market cap price for the anticipated revenue is .02+ in 2021 but would be in the .076 > .136 range in 2022 if they did manage to get all 9 elements to the performance level of the existing SFLMaven eBay business (plus remember more platforms coming as well).
https://investorshangout.com/post/view?id=6242203
Remember that the price difference between .0050 and .0070 is irrelevant when traded at .01 > .02+ - let alone at .076 > .136.
Every 1M bought at .0050 is worth a $7K profit at .0120, $10K profit at .0150 and $15K profit at .02.
Every 1M bought at .0050 is worth a $71K profit at .076 or $131K profit at .136.
All that matters is who got where - charts are irrelevant - and denying as many shares under .01 as possible to the new interest that will be brought in over the coming days, weeks and months.
Latest DD - updated October 2 - here:
https://investorshangout.com/post/view?id=6254235
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $11.5M+.
$SFLM remains my #1 Top Profit Pick for the whole of 2021 and for me is currently #2 - flip flopping #1 - behind only $ENZC.
It will now also be the #1 or #2 Top Profit Pick for the whole of 2022 (depending on $ENZC developments in the next 3 months).
I will not necessarily be doing a trading summary every day - unless there are undue manipulation attempts - as the ticker is firmly under control and just awaiting the next run into the .01 > .02 range.
All significant posts here get repeated in 7 forums monitored at all times by the top OTC traders. iHub has been deliberated marginalized due to time-wasting nonsense there with all serious interest successfully directed to here over the last several months - with typically 500 > 700+ views per day.
I'll be updating the 2021 sales, list of top traders following / scaling in and DD this weekend - probably on Sunday.
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.