Trading Summary - April 22. An excellent day to
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Posted On: 04/22/2022 4:40:59 PM
Trading Summary - April 22.
An excellent day today for $SFLM with a dramatic reversal off the 2022 bottom and a significant surge up from the walked down ask close at .0008 yesterday to a hod close at .0011 (effectively - ignore paintdown at 15:59:55) today - 37.5%.
First we had another excellent auction result last night - with multiple bidding wars confirming the very sound business model resulting in at least $273K for Week 16 - just confirmed by $SFLM after the close.
Then we had great totally unexpected news that the CEO would be launching a multi-phase Shareholder Protection Initiative which would start with a 300M cancellation of Outstanding Common shares returned to the treasury as a first step with more to follow in due course.
https://investorshangout.com/post/view?id=6388121
The market reacted immediately with walked down ask .0008s from yesterday cancelled and 1.5M .0009 bought before the open.
Within minutes of the open, the few remaining .0009 put up were taken out and the .0010 ask was attacked aggressivley with multiple 10M > 20M buys from buyers loading for trading throughout the year.
.0011 was achieved by 0936 with only 8M there but low level flippers who got .0009s and .0010s over the past few days kept topping up both the .0011s and subsequently walked down .0010s.
The bid at .0009 peaked at 110M but - with no further fills - the majority of these funds were used buying .0010s on the ask instead then .0011s.
By the close, .0011s were up again with 37M stacked by 1-tick flippers (subsequently down to 12M when day orders cancelled).
As has been mentioned for months in the DD and daily Trading Summaries, it makes little difference to the OTC market top long-term continuous traders of $SFLM where they buy in the .0010 > .0050 range as we are expecting .02+ eventually - although of course any low level flipping profits will be different.
If people fail to hit the ask aggressively across multiple ticks at the open, legacy debt holders will sell and Public Offering investors will continue to convert a portion of their holdings to free at current levels.
Overall, 188.9M shares were traded today - mainly at .0010.
The Share Structure was updated as at March 31, 2022.
Only 93.75 shares were added March 12 > March 31. This is not significant to the top continuous traders of $SFLM as 1383M shares have been traded during the period and since.
The 300M reduction effectively cancels out the last 2 months worth of Public Offering "dilution" during which we have benefitted from the significant additional revenue below.
The increased cash available from the Public Offering over the past 10 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 + $273K = $3.024M - average $302K per week compared to an average of $192K per week in 2021. This [$305K - $192K] x 10 = $1.100M increase represents 57.5% growth so far in 2022 on top of 35% already achieved in 2021.
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+.
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 (will be going up in this week's recalculation in the Sunday DD update).
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0732 - 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 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.
- Further steps / share reductions in the Shareholder Protection Initiative.
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.
- Excellent Week 16 results.
- Shareholder protection Initiative.
Watch out for my update on 2022 Revenue Weeks 1-16 today - then the DD update over the weekend - probably on Sunday.
An excellent day today for $SFLM with a dramatic reversal off the 2022 bottom and a significant surge up from the walked down ask close at .0008 yesterday to a hod close at .0011 (effectively - ignore paintdown at 15:59:55) today - 37.5%.
First we had another excellent auction result last night - with multiple bidding wars confirming the very sound business model resulting in at least $273K for Week 16 - just confirmed by $SFLM after the close.
Then we had great totally unexpected news that the CEO would be launching a multi-phase Shareholder Protection Initiative which would start with a 300M cancellation of Outstanding Common shares returned to the treasury as a first step with more to follow in due course.
https://investorshangout.com/post/view?id=6388121
The market reacted immediately with walked down ask .0008s from yesterday cancelled and 1.5M .0009 bought before the open.
Within minutes of the open, the few remaining .0009 put up were taken out and the .0010 ask was attacked aggressivley with multiple 10M > 20M buys from buyers loading for trading throughout the year.
.0011 was achieved by 0936 with only 8M there but low level flippers who got .0009s and .0010s over the past few days kept topping up both the .0011s and subsequently walked down .0010s.
The bid at .0009 peaked at 110M but - with no further fills - the majority of these funds were used buying .0010s on the ask instead then .0011s.
By the close, .0011s were up again with 37M stacked by 1-tick flippers (subsequently down to 12M when day orders cancelled).
As has been mentioned for months in the DD and daily Trading Summaries, it makes little difference to the OTC market top long-term continuous traders of $SFLM where they buy in the .0010 > .0050 range as we are expecting .02+ eventually - although of course any low level flipping profits will be different.
If people fail to hit the ask aggressively across multiple ticks at the open, legacy debt holders will sell and Public Offering investors will continue to convert a portion of their holdings to free at current levels.
Overall, 188.9M shares were traded today - mainly at .0010.
The Share Structure was updated as at March 31, 2022.
Only 93.75 shares were added March 12 > March 31. This is not significant to the top continuous traders of $SFLM as 1383M shares have been traded during the period and since.
The 300M reduction effectively cancels out the last 2 months worth of Public Offering "dilution" during which we have benefitted from the significant additional revenue below.
The increased cash available from the Public Offering over the past 10 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 + $273K = $3.024M - average $302K per week compared to an average of $192K per week in 2021. This [$305K - $192K] x 10 = $1.100M increase represents 57.5% growth so far in 2022 on top of 35% already achieved in 2021.
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+.
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 (will be going up in this week's recalculation in the Sunday DD update).
Remember that the price difference between .0012 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0732 - 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 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.
- Further steps / share reductions in the Shareholder Protection Initiative.
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.
- Excellent Week 16 results.
- Shareholder protection Initiative.
Watch out for my update on 2022 Revenue Weeks 1-16 today - then the DD update over the weekend - probably 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.