Trading Summary - November 12.
Again today, the "real" companies remaining in the OTC market continued consolidating at current / slightly higher levels ready for runs either into year-end 2021 or start-2022.
The concensus among experienced traders is that the entire market is being affected by legacy convertible debt holders attempting to sell as much as possible - including in excess of allowable rates iaw SEC rules - ahead of possible legislation change and as a result of this landmark court ruling which may open the door to CEOs being able to get some debts cancelled:
https://finance.yahoo.com/news/otc-markets-to...ccounter=1
Today, most top traders were on $INQD from the Watch List which had great news about debt cancellation and the start of business development for this "cleaned up" shell being turned into a CBD company. Constant attention was required as, after a gap up, there was dilution for an hour, then a big surge, then shorting, and a surge to close at .0138 - up 36% - just below .0139 hod.
The main traders of $SFLM who already had the $SFLM shares they needed in the range .0030 > .0050 were able to add more lots mainly at .0026 > .0028 - mostly in 500K > 1M buys on the ask.
On $SFLM, the larger the inventory of shares acquired below .0050, the more that will be available to trade for 100% to 400% 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 12.9M shares at bottom prices in the same broad bottom range .0025 > .0052.
Since the loading at bottom prices total was restarted after the last run, 446.9M shares have been bought up to .0052 in 38 trading days September 22 - November 12 - 53.4% of the low Unrestricted Outstanding Shares count.
New interest traders / alerters + long-term traders with significant followings as at November 7 numbered at least 110 - up 5 in the previous 7 days. List here:
https://investorshangout.com/post/view?id=6278735
Particular points they like are:
- Real revenue of $9.779M > $10M+ per year.
- Low Unrestricted O/S of 837M - with none added on the latest monthly update.
- 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 .0030 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .062 > .1075.
Every 1M bought at .0030 is worth a $7K profit at .01, $10K profit at .0130 and $17K profit at .02.
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 November 7 - here:
https://investorshangout.com/post/view?id=6278757
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $9.779M > $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.
Look out for the 2021 Q3 by or soon after November 15, 2021 - when we should get a good feel for when cash flow is likely to flip positive - 2021 Q4 or 2022 Q1.
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.
Watch for an update by Twitter from the company on this week's revenue.
I'll be updating the 2021 Total Revenue and DD over the weekend.
Again today, the "real" companies remaining in the OTC market continued consolidating at current / slightly higher levels ready for runs either into year-end 2021 or start-2022.
The concensus among experienced traders is that the entire market is being affected by legacy convertible debt holders attempting to sell as much as possible - including in excess of allowable rates iaw SEC rules - ahead of possible legislation change and as a result of this landmark court ruling which may open the door to CEOs being able to get some debts cancelled:
https://finance.yahoo.com/news/otc-markets-to...ccounter=1
Today, most top traders were on $INQD from the Watch List which had great news about debt cancellation and the start of business development for this "cleaned up" shell being turned into a CBD company. Constant attention was required as, after a gap up, there was dilution for an hour, then a big surge, then shorting, and a surge to close at .0138 - up 36% - just below .0139 hod.
The main traders of $SFLM who already had the $SFLM shares they needed in the range .0030 > .0050 were able to add more lots mainly at .0026 > .0028 - mostly in 500K > 1M buys on the ask.
On $SFLM, the larger the inventory of shares acquired below .0050, the more that will be available to trade for 100% to 400% 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 12.9M shares at bottom prices in the same broad bottom range .0025 > .0052.
Since the loading at bottom prices total was restarted after the last run, 446.9M shares have been bought up to .0052 in 38 trading days September 22 - November 12 - 53.4% of the low Unrestricted Outstanding Shares count.
New interest traders / alerters + long-term traders with significant followings as at November 7 numbered at least 110 - up 5 in the previous 7 days. List here:
https://investorshangout.com/post/view?id=6278735
Particular points they like are:
- Real revenue of $9.779M > $10M+ per year.
- Low Unrestricted O/S of 837M - with none added on the latest monthly update.
- 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 .0030 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .062 > .1075.
Every 1M bought at .0030 is worth a $7K profit at .01, $10K profit at .0130 and $17K profit at .02.
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 November 7 - here:
https://investorshangout.com/post/view?id=6278757
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $9.779M > $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.
Look out for the 2021 Q3 by or soon after November 15, 2021 - when we should get a good feel for when cash flow is likely to flip positive - 2021 Q4 or 2022 Q1.
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.
Watch for an update by Twitter from the company on this week's revenue.
I'll be updating the 2021 Total Revenue and DD over the weekend.
SFLMaven, Inc. (SFLM) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
