Trading Summary - February 17. Excellent news t
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Excellent news today on the rapid progress on getting the new Metaverse Division up and running:
News - February 17. SFLMaven Announces Plan to Purchase Metaverse Real Estate to Establish Virtual Jewelry Operations in Decentraland.
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=344206
With new interest trying bidding first, we ended up with another status quo day for $SFLM for traders who consider the price difference between .0013 and .0020 irrelevant when we are expecting .02+.
Most OTC market top traders were again having to split their time between $SFLM and $PSRU (positioning for move up on probable new interest tomorrow after TV business segment airing tonight) $DGWR $ENZC $INQD $APRU $BRGO - all of which had significant action.
The significant enthisiastic new interest in the main OTC market top trader rooms, social media and iHub that started on February 4 continued today.
When traders failed to hit the ask aggressively enough at the open above .0015, the usual pattern seen for the past 27 months ensued: walked down asks, jockeying for position and buys on both the bid and ask.
Again there was an unusual 13M trade at .0013 just before the close that exceeded the ask at .0013 + .0014 combined.
Largest buy was 13M - there were many 2M > 5M+ buys per second.
Overall, almost 82M shares were traded - .0013 (same) > .0015 - ignoring the small .0012 fill.
All trades were in the same bottom range - less than 25% of target price .02+ range (ie anything under .0052).
None of the asks are of any significance to hinder a quick break above .0030 towards the .01 > .02 range needed for OTCQB uplisting - and as appropriate to its $10.241M revenue market cap in 2021 and $12.5M currently (even before diversification of revenue streams).
We have still not yet seen the significant buys across several asks at the open that are crucial to getting the breakout to the .01 > .02+ range started.
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is currently .076 (see DD for calculation).
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .076.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated February 12 - here:
https://investorshangout.com/post/view?id=6342539
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 on my Watch List.
It is also my #1 Top Profit Pick for the whole of 2022.
Major catalysts ahead in 2022 are:
- Continued excellent revenue growth from the core Jewelry Division.
- Updates on the Metaverse Division.
- Updates on the NFT Division.
- Acquisitions of other collectibles companies - some already in discussions.
- 2021 Q4 filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Next auction tonight - expect another $200K+ in revenue.
Advance revenue for Week 7 for desirable items bought at "Buy It Now" prices is already $8,567 - and 3 items have already been bid up to a total over $15K.
https://www.ebay.com/sch/i.html?_sofindtype=0...=1&rt=
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