Trading Summary - April 21. The concensus now i
Post# of 7110
(Total Views: 151)
Posted On: 04/21/2022 4:32:22 PM
Trading Summary - April 21.
The concensus now in all the top traders forums is that the entire OTC market is being affected by unusual activity with dumping into bids even after asks have just been bought out the day before. My own personal view is that amateur part-time traders with limited assets are selling for a loss as they need money to live with the hyper inflation of the current administration - the reverse of what happened 16 months ago when people unable / refusing to work were using there stimulus checks to bet on the market.
This view was reinforced by the action on $SFLM today where those who chose to trade on the bid at .0008 were selling for a loss - as .0008 is the Public Offering price for $50K buyers and nobody had got cheaper than .0008 retail either.
On the news out before the open, 9.5M was bought on the ask at .0009 in the first minute leaving next to nothing. MM OTCX remained at .0010.
However, obstinate flippers failed to cancel .0010s and left too much stacked there and then walked more down to .0009 until there was 14M there.
With multiple other apparent low level loading opportunities in the market - particularly on $ENZC $INQD $DGWR $OTTV $VYST $BRGO $IJJP - traders took some of the funds off the bid at .0008 on $SFLM - to hedge bets that they would get bid fills elsewhere - leaving around 36M on $SFLM.
As already reported, a few impatient small holders then decided to trade for a loss at .0008.
Overall, 43.5M shares were traded today.
The Share Structure was updated as at March 31, 2022.
Only 93.75M shares were added March 12 > March 31. This is not significant to the top continuous traders of $SFLM as 1194M shares have been traded during the period and since.
The increased cash available from the Public Offering over the past 9 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in over $1M more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K = $2.751M - average over $305K per week compared to an average of $192K per week in 2021. This [$305K - $192K] x 9 = $1.017M increase represents 59% growth so far in 2022 on top of 35% already achieved in 2021.
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 correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is now .0721.
Latest DD - updated April 17, 2022 - here:
https://investorshangout.com/post/view?id=6384506
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 and 2020 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.
- Updates on Bitcoin activities (new additioned announced March 31).
- Acquisitions of other collectibles companies - some already in discussions.
- 2022 Q1 Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
Key Points from 2021 Annual Report showing the excellent progress made:
https://investorshangout.com/post/view?id=6373719
Watch out for the next PR which we can expect to be on one or more of the following:
- Further progress of getting the Metaverse Division earning.
- Week 16 revenue.
Week 16 looks like it will be nearer $250K > $300K based on the greater quantity of items for sale and the higher bids so far compared to last week. A number of bidding wars have started already in the $800 > $4,000+ range.
I'll add up the eBay sales after the auction closes tonight and then expect a company update as usual after the close on Friday.
The concensus now in all the top traders forums is that the entire OTC market is being affected by unusual activity with dumping into bids even after asks have just been bought out the day before. My own personal view is that amateur part-time traders with limited assets are selling for a loss as they need money to live with the hyper inflation of the current administration - the reverse of what happened 16 months ago when people unable / refusing to work were using there stimulus checks to bet on the market.
This view was reinforced by the action on $SFLM today where those who chose to trade on the bid at .0008 were selling for a loss - as .0008 is the Public Offering price for $50K buyers and nobody had got cheaper than .0008 retail either.
On the news out before the open, 9.5M was bought on the ask at .0009 in the first minute leaving next to nothing. MM OTCX remained at .0010.
However, obstinate flippers failed to cancel .0010s and left too much stacked there and then walked more down to .0009 until there was 14M there.
With multiple other apparent low level loading opportunities in the market - particularly on $ENZC $INQD $DGWR $OTTV $VYST $BRGO $IJJP - traders took some of the funds off the bid at .0008 on $SFLM - to hedge bets that they would get bid fills elsewhere - leaving around 36M on $SFLM.
As already reported, a few impatient small holders then decided to trade for a loss at .0008.
Overall, 43.5M shares were traded today.
The Share Structure was updated as at March 31, 2022.
Only 93.75M shares were added March 12 > March 31. This is not significant to the top continuous traders of $SFLM as 1194M shares have been traded during the period and since.
The increased cash available from the Public Offering over the past 9 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in over $1M more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K = $2.751M - average over $305K per week compared to an average of $192K per week in 2021. This [$305K - $192K] x 9 = $1.017M increase represents 59% growth so far in 2022 on top of 35% already achieved in 2021.
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 correct market cap price for the anticipated revenue as income ramps up under the Collectibles Marketplace Strategy is now .0721.
Latest DD - updated April 17, 2022 - here:
https://investorshangout.com/post/view?id=6384506
$SFLM was the #1 Top Profit Pick and #1 Top Banked Profit stock of 2021 and 2020 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.
- Updates on Bitcoin activities (new additioned announced March 31).
- Acquisitions of other collectibles companies - some already in discussions.
- 2022 Q1 Report filing.
- OTCQB uplisting.
13th CEO Video here:
https://vimeo.com/673267050
14th CEO Video here:
https://vimeo.com/675954496
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
Key Points from 2021 Annual Report showing the excellent progress made:
https://investorshangout.com/post/view?id=6373719
Watch out for the next PR which we can expect to be on one or more of the following:
- Further progress of getting the Metaverse Division earning.
- Week 16 revenue.
Week 16 looks like it will be nearer $250K > $300K based on the greater quantity of items for sale and the higher bids so far compared to last week. A number of bidding wars have started already in the $800 > $4,000+ range.
I'll add up the eBay sales after the auction closes tonight and then expect a company update as usual after the close on Friday.
(0)
(0)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.