Trading Summary - March 11. Another more than s
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Posted On: 03/11/2022 4:17:52 PM
Trading Summary - March 11.
Another more than satisfactory status quo day for $SFLM today - all trades continued to be within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Throughout the day, undercut asks at .0012 and .0013 - below the recent high of .0014 - were taken out with buys up to 5.38M.
Almost no buys were picked up on the bid and any that were put up for low level flips were taken out by the close.
The only problem today was that we still have a few people bid sitting rather than hitting the ask a tick above MM OTCX which usually makes him move up.
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 anytime now, 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 .0015 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, 23.1M shares were traded today - almost all .0012 > .00013.
At the close, asks at .0014 were reduced to 1.3M - the fake 4M day trade block was cancelled.
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 $13.5M+ 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 .0815 (see DD for calculation).
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0815 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M bought at .0015 is worth $10.5K profit at .0120.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated March 6 - here:
https://investorshangout.com/post/view?id=6356929
$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 / Annual Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Watch out for the next PR which we can expect to be on the excellent sales for week ending March 10 - then further updates on the progress of getting the Metaverse Division earning.
There are now only a maximum of only 12 trading days before the record revenue 2021 Annual Report is filed.
There was an update on Metaverse today but unfortunately this was not alerted via broker platforms so missed by many who are not daily close followers.
Watch out for:
- Update soon from the company on this week's revenue.
- Update from me today on 2022 Total revenue for Weeks 1-10.
- Updated DD on Sunday.
Another more than satisfactory status quo day for $SFLM today - all trades continued to be within the 25% percentile under .0050 of the .02+ anticipated in 2022.
Throughout the day, undercut asks at .0012 and .0013 - below the recent high of .0014 - were taken out with buys up to 5.38M.
Almost no buys were picked up on the bid and any that were put up for low level flips were taken out by the close.
The only problem today was that we still have a few people bid sitting rather than hitting the ask a tick above MM OTCX which usually makes him move up.
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 anytime now, 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 .0015 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, 23.1M shares were traded today - almost all .0012 > .00013.
At the close, asks at .0014 were reduced to 1.3M - the fake 4M day trade block was cancelled.
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 $13.5M+ 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 .0815 (see DD for calculation).
Remember that the price difference between .0015 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0815 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M bought at .0015 is worth $10.5K profit at .0120.
Every 1M bought at .0020 is worth a $10K profit at .0120 or $18K profit at .02.
Latest DD - updated March 6 - here:
https://investorshangout.com/post/view?id=6356929
$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 / Annual Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Watch out for the next PR which we can expect to be on the excellent sales for week ending March 10 - then further updates on the progress of getting the Metaverse Division earning.
There are now only a maximum of only 12 trading days before the record revenue 2021 Annual Report is filed.
There was an update on Metaverse today but unfortunately this was not alerted via broker platforms so missed by many who are not daily close followers.
Watch out for:
- Update soon from the company on this week's revenue.
- Update from me today on 2022 Total revenue for Weeks 1-10.
- Updated DD on Sunday.
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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.