Trading Summary - November 4. Again today, the
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Again today, the entire OTC suffered from a general lack of buying - forcing any legacy convertible debt holders to sell their daily target quota at current rather than higher prices ahead of the anticipated SEC rule change that will limit convertibles. In addition, that also played into the hands of those that risk shorting.
$SFLM had more great news today - see earlier post - confirming that targets are being beaten on the way to flipping positive for the year..
The main traders of $SFLM who already have the $SFLM shares they need in the current range .0030 > .0050 needed to concentrate on $PSRU - jockeying for position on reloads in the .0040 > .0050 range after the last 52% run and ahead of the anticipated 150% > 300% runs.
On $SFLM, the larger the inventory of shares acquired below .0050, the more that will be available to trade for 100% to 200% in the .01 > .0150 range on the next run to that level - whenever that may be - whilst also retaining a significant core converted to free for OTCQB uplisting and the planned 8 x 2021 revenue under the Collectibles Marketplace Strategy.
Overall on $SFLM, longs and new interest bought another 5.5M shares at bottom prices in the same broad range under .0052 - mainly .0034 > .0036 today.
Since the loading at bottom prices total was restarted after the last run, 385.9M shares have been bought up to .0052 in 32 trading days September 22 - November 4 - 46.1% of the low Unrestricted Outstanding Shares count.
New interest traders / alerters + long-term traders with significant followings as at October 31 numbered at least 105 - up 7 in the previous 7 days. List here:
https://investorshangout.com/post/view?id=6274075
Particular points they like are:
- Real revenue of $9.5M > $10M+ 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 their 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. Trading some on every surge allows a larger core to be held on a cost basis that is essentially "free" - already paid for by banked profits.
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy would be in the .062 > .1075 range in future years when they manage to get all 9 elements in the plan to the performance level of the existing SFLMaven eBay business (plus remember more platforms coming as well).
Remember that the price difference between .0050 and .0070 is irrelevant when traded at .01 > .02+ - let alone at .062 > .1075.
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 $57K profit at .074 or $102.5K profit at .1075.
All that matters is who got where - charts are irrelevant - and denying as many shares under .01 as possible to the institutional level new interest that PRs + improving financials + MZ Group though investor symposiums are expected to bring in over the days, weeks and months ahead.
Latest DD - updated October 31 - here:
https://investorshangout.com/post/view?id=6274118
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $9.5M > $10M+.
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 - due to the regular periodic surges.
It will now also be the #1 or #2 Top Profit Pick for the whole of 2022 (depending on $ENZC developments in the next 2 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.
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 - and repeated where interest in "real" companies is known to exist.
Nationwide expansion of the NFT Division continued on October 19 with the sign-up of a second regional based artist.
There are now only a maximum of 6 trading days before the 2021 Q3 is due to be filed - when we should get a good feel for when cash flow is likely to flip positive.
Also bear in mind that Q4 is traditionally the best Q each year due to Christmas shopping and supply chain issues in brick and mortar stores forcing more people to consider on-line purchases in good time.
Next auction tonight - the company normally Tweets the results just before or after the close on Friday.
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