Trading Summary - April 27. An excellent more t
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Posted On: 04/27/2022 4:26:33 PM
Trading Summary - April 27.
An excellent more than satisfactory day for $SFLM with all trades at around 5%>10% of the anticipated .01 > .02 expected at some point ahead.
We had a lot happen today.
First, there was an update to the share structure showing the CEO following through on the 300M reduction only 2 business days after it was announced and confirmation that the Public Offering dilution April 1-26 was only 93.75M - which is insignificant out of the 644M traded during the period and a further 130M traded today.
Second, we had an update that there would be a Metaverse PR tomorrow (Thursday).
Third, we had an update stating that $SFLM had added to its Bitcoin position again.
Fourth, we had the 1-tick flippers that had stacked the .0010 and .0011s taken out in dramatic fashion.
Fifth, $SFLM effectively closed at .0012 (with just an undercut ask of 292K at .0011) from .0009 available on the bid and ask yesterday - a move of 33%.
See earlier contemporaneous posts for most of the significant buys which were in the 7M > 13M range. There were no signifificant bid whacks.
Overall, 130.3M shares were traded today.
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.
The Share Structure was updated as at April 26 - details and analysis here:
https://investorshangout.com/post/view?id=6391191
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 $1.1M 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 t o .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 .0800 (up from .0721 on the 206.25M net share reduction).
Remember that the price difference between .0010 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0800 - 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 24, 2022 - here:
https://investorshangout.com/post/view?id=6389177
$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
Key Points from the Shareholder Protection Initiative PR'ed April 22, 2022:
https://investorshangout.com/post/view?id=6389152
Watch out for the next PR tomorrow which we know will be on the Metaverse Division.
After that watch for an update on the next step in the Shareholder Protection Initiative.
The Week 17 revenue earning are off to a good start with high-value "Buy It Now" sales already closed and multiple bidding wars started. I'll do an update later today and possibly another before the open if I have time depending on how much news needs to be alerted for Watch List tickers.
An excellent more than satisfactory day for $SFLM with all trades at around 5%>10% of the anticipated .01 > .02 expected at some point ahead.
We had a lot happen today.
First, there was an update to the share structure showing the CEO following through on the 300M reduction only 2 business days after it was announced and confirmation that the Public Offering dilution April 1-26 was only 93.75M - which is insignificant out of the 644M traded during the period and a further 130M traded today.
Second, we had an update that there would be a Metaverse PR tomorrow (Thursday).
Third, we had an update stating that $SFLM had added to its Bitcoin position again.
Fourth, we had the 1-tick flippers that had stacked the .0010 and .0011s taken out in dramatic fashion.
Fifth, $SFLM effectively closed at .0012 (with just an undercut ask of 292K at .0011) from .0009 available on the bid and ask yesterday - a move of 33%.
See earlier contemporaneous posts for most of the significant buys which were in the 7M > 13M range. There were no signifificant bid whacks.
Overall, 130.3M shares were traded today.
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.
The Share Structure was updated as at April 26 - details and analysis here:
https://investorshangout.com/post/view?id=6391191
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 $1.1M 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 t o .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 .0800 (up from .0721 on the 206.25M net share reduction).
Remember that the price difference between .0010 and .0050 is irrelevant when traded at .01 > .02+ - let alone at .0800 - 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 24, 2022 - here:
https://investorshangout.com/post/view?id=6389177
$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
Key Points from the Shareholder Protection Initiative PR'ed April 22, 2022:
https://investorshangout.com/post/view?id=6389152
Watch out for the next PR tomorrow which we know will be on the Metaverse Division.
After that watch for an update on the next step in the Shareholder Protection Initiative.
The Week 17 revenue earning are off to a good start with high-value "Buy It Now" sales already closed and multiple bidding wars started. I'll do an update later today and possibly another before the open if I have time depending on how much news needs to be alerted for Watch List tickers.
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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.