Trading Summary - March 2. A more than satisfac
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Posted On: 03/02/2022 5:36:40 PM
Trading Summary - March 2.
A more than satisfactory day today - with upward progress - within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Finally, at least 2 traders hit the ask - instead of bidding - across asks with buys in the 4M > 5M range and $SFLM played out exactly as expected from 28 months of observation.
OTCX moved up without selling any significant amount for institutional buyers that had bought Public Offering batches of $50K / 62.5M - they obviously would rather get small amounts sold at ever increasing prices and the large bids were not whacked.
.0010 + .0011 were bought out - with .0012 was achieved relatively easily - with only about 9M there on initial uptick until a few of the low level flippers added another 9M - coincidental with the arrival of a couple of new basher IDs.
Bid peaked at 53M .0008 - $42K+ - then varying amounts which had not already been used for ask hits moved up to a peak of 11M at .0010 and 3M at .0011.
OTCX was also on the high bid at times with a token amount that absorbed paint downs without counting down.
Expect top traders of $SFLM to take out ever decreasing asks on the way to .01+ and also outbid the repeat scamming basher / flippers until they get to the stage where they have no .0008> .0010s left and can't reload.
At the next share structure update due around March 9, we will know if there were any other $50K / 62.5M Public Offering bulk purchases or not - and even if there were, even several would not be a problem as many 100Ms have been traded since the last increase on February 9 (which I will add up and comment on in future DD updates).
We can expect asks in the .0013 to .0020 range to get back to the more normal 5M > 500K and then more usually 1M > 200K after that all the way to .01+.
Overall, 36M shares were traded today - .0008 > .00012 - the majority at .0011 > .0012.
None of the asks are of any significance to hinder a quick break above .0020 towards the .01 > .02 range needed for OTCQB uplisting - and as appropriate to its $13M+ revenue estimate currently (even before diversification of revenue streams).
We still need to see significant buys across several asks at the open that are crucial to getting the breakout to the .01 > .02+ range started.
The facts about the Public Offering and the Share Structure are as follows (as already in the master DD updated weekly):
- 2 Billion shares have not been issued - 2 Billion shares have been offered for purchase in initial blocks of $50K / 62.5M or follow on blocks of $10K / 12.5M - as stated in the DD.
As at the latest update dated February 9, only 3 x such purchases could have been made as the increase was precisely 187.5M - also in the DD.
- The previous Public Offering of 2.2 Billion only had 352.5M bought throughout 2021 and all that was most probably traded on the runs to .02+.
- The last reverse split of the predecesor company $SKDI was on June 3, 2019 and is irrelevant.
- The CEO has already stated that there is no reason for a reverse split - and there clearly isn't any need for one [source: PR October 9, 2020].
- The A/S is 5B and the Total O/S is only 1.640B.
Authorized Shares: 5,000,000,000 [same as in January 2020]
Outstanding Shares: 1,640,525,173 [no change October 9 > January 20 - up 187.5M January 21 > February 9]
Restricted: 615,504,231 [no change September 9 > February 9]
Unrestricted: 1,025.020,942 [up 321.25M in 11 months September 2020 > August 2021 - up 50M August 2 > September 8 from formerly Restricted - up 43.75M September 8 > October 8 - no change October 9 > January 20 - up 187.5M January 21 > February 9]
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is currently .0798 (see DD for calculation).
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0798 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M bought at .0010 is worth $11K profit at .0120.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated February 27 - here:
https://investorshangout.com/post/view?id=6352454
$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
Watch for the next PR which is likely to cover the closing of the "real estate" acquisition for the Metaverse Division.
A more than satisfactory day today - with upward progress - within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Finally, at least 2 traders hit the ask - instead of bidding - across asks with buys in the 4M > 5M range and $SFLM played out exactly as expected from 28 months of observation.
OTCX moved up without selling any significant amount for institutional buyers that had bought Public Offering batches of $50K / 62.5M - they obviously would rather get small amounts sold at ever increasing prices and the large bids were not whacked.
.0010 + .0011 were bought out - with .0012 was achieved relatively easily - with only about 9M there on initial uptick until a few of the low level flippers added another 9M - coincidental with the arrival of a couple of new basher IDs.
Bid peaked at 53M .0008 - $42K+ - then varying amounts which had not already been used for ask hits moved up to a peak of 11M at .0010 and 3M at .0011.
OTCX was also on the high bid at times with a token amount that absorbed paint downs without counting down.
Expect top traders of $SFLM to take out ever decreasing asks on the way to .01+ and also outbid the repeat scamming basher / flippers until they get to the stage where they have no .0008> .0010s left and can't reload.
At the next share structure update due around March 9, we will know if there were any other $50K / 62.5M Public Offering bulk purchases or not - and even if there were, even several would not be a problem as many 100Ms have been traded since the last increase on February 9 (which I will add up and comment on in future DD updates).
We can expect asks in the .0013 to .0020 range to get back to the more normal 5M > 500K and then more usually 1M > 200K after that all the way to .01+.
Overall, 36M shares were traded today - .0008 > .00012 - the majority at .0011 > .0012.
None of the asks are of any significance to hinder a quick break above .0020 towards the .01 > .02 range needed for OTCQB uplisting - and as appropriate to its $13M+ revenue estimate currently (even before diversification of revenue streams).
We still need to see significant buys across several asks at the open that are crucial to getting the breakout to the .01 > .02+ range started.
The facts about the Public Offering and the Share Structure are as follows (as already in the master DD updated weekly):
- 2 Billion shares have not been issued - 2 Billion shares have been offered for purchase in initial blocks of $50K / 62.5M or follow on blocks of $10K / 12.5M - as stated in the DD.
As at the latest update dated February 9, only 3 x such purchases could have been made as the increase was precisely 187.5M - also in the DD.
- The previous Public Offering of 2.2 Billion only had 352.5M bought throughout 2021 and all that was most probably traded on the runs to .02+.
- The last reverse split of the predecesor company $SKDI was on June 3, 2019 and is irrelevant.
- The CEO has already stated that there is no reason for a reverse split - and there clearly isn't any need for one [source: PR October 9, 2020].
- The A/S is 5B and the Total O/S is only 1.640B.
Authorized Shares: 5,000,000,000 [same as in January 2020]
Outstanding Shares: 1,640,525,173 [no change October 9 > January 20 - up 187.5M January 21 > February 9]
Restricted: 615,504,231 [no change September 9 > February 9]
Unrestricted: 1,025.020,942 [up 321.25M in 11 months September 2020 > August 2021 - up 50M August 2 > September 8 from formerly Restricted - up 43.75M September 8 > October 8 - no change October 9 > January 20 - up 187.5M January 21 > February 9]
The correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is currently .0798 (see DD for calculation).
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0798 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M bought at .0010 is worth $11K profit at .0120.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated February 27 - here:
https://investorshangout.com/post/view?id=6352454
$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
Watch for the next PR which is likely to cover the closing of the "real estate" acquisition for the Metaverse Division.
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"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.