Trading Summary - October 19. OTC market top tr
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OTC market top traders who already have most of the $SFLM shares they need in the current band .0040>.0050 were busy elsewhere jockeying for position on multiple movers / reloaders from the Watch List - mainly $PRPM $ENZC $INQD $DGWR $ECOX $INCC.
While all the above was going on, $SFLM had the usual holdback attempts from the 2 x scammers using paint downs and walked down walls - they also posted nonsense again on the marginalized amateur forum.
This included the fake 11M seen before initially at .0040 - then 8.9M of it risked walked down further at .0039 - buy then cancelled when hit filling only 500K.
At the close, day trade walked down asks under .0042 were cancelled.
Overall on $SFLM, longs and new interest bought another 19.3M shares at bottom prices in the same range under .0052 - including 2 x 2.5M buys.
Since the loading at bottom prices total was restarted after the last run, 296.9M shares have been bought up to .0052 in 20 trading days September 22 - October 19 - 35% of the low Unrestricted Outstanding Shares count.
New interest traders / alerters + long-term traders with significant followings as at October 17 numbered at least 85 - up 10 in the previous 7 days. One of the new additions has 160K+ followers - the top 5 alone have 278K followers. 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 837M.
- 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.
A PR on September 21 confirmed detail in the 9th CEO video that 8 x revenue expansion was planned for 2022 onwards - 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 .074 > .129 range in future years when they 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 .074 > .129.
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 $69K profit at .074 or $124K profit at .129.
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 17 - here:
https://investorshangout.com/post/view?id=6264127
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $11.5M+.
Additional inventory on the 1stDibs store at "BuyItNow" prices total of $336K+.
$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 8 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.
Nationwide expansion of the NFT Division continued today with the sign-up of a second regional based artist.
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