Trading Summary - May 13. A more than satisfact
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(Total Views: 118)
Posted On: 05/13/2022 4:15:45 PM
Trading Summary - May 13.
A more than satisfactory status quo day for $SFLM - all trades were still around 5%>10% of the anticipated .01 > .02 expected at some point ahead.
Again today there were just a few impatient small holders walking their ask down from .0010 to .0009 and getting bought out.
There was one 4M+ ask buy at .0009 after which a .0009 bid was established.
.0010 ask at uptick was 32M - 2M less than last time and a further 2M was cancelled leaving 28M. At the close after day orders timed out there was only 12M.
Peak .0008 bid was 34M after some was used to buy .0009 asks over the past 2 days when it was obvious that .0008s would not fill before the next key events..
MM OTCX has remained at .0011 for 5 days now.
OTC market top traders who already have the $SFLM shares they need for $6-figure profits at .01>.02 were busy elsewhere on Watch List tickers that were moving up / offering reload opportunities: particularly $ENZC which has a major update PR and podcast ahead on May 17.
Overall, 11.5M shares were traded today - almost all at .0009.
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 .0010 > .0015.
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 13 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in $1.261M more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K + $273K + $253K + $229K + $245K = $3.751M - average $289K per week compared to an average of $192K per week in 2021. This [$289K - $192K] x 13 = $1.261M increase represents 50.5% 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 still .0785 (thanks to 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 .0785 - 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 May 8, 2022 - here:
https://investorshangout.com/post/view?id=6398705
$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 for the patient.
Major catalysts ahead in 2022 are:
- 2022 Q1 Report filing - due around May 17 with only 1 trading days left prior.
- Metaverse store opening on May 18 - only 2 trading days left prior.
- Continued excellent revenue growth from the core Jewelry Division.
- Updates on the Metaverse Division.
- Updates on the NFT Division.
- Updates on Bitcoin activities.
- Acquisitions of other collectibles companies - some already in discussions.
- OTCQB uplisting.
- Further steps / share reductions in the Shareholder Protection Initiative.
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
Key Points - 2022 Q1 Achievements PR Dated May 11, 2022
https://investorshangout.com/post/view?id=6401203
The Metaverse store is opening on May 18 - so there will be 6 weeks of revenue in the 2022 Q2 period.
Watch out for PRs ahead on one or more of the following:
- Further updates on the Metaverse Division after the store opens on May 18.
- Next step in the Shareholder Protection Initiative.
On May 10 the company announced that the eBay Jewelry Store will be visible and accessible from the Metaverse store (for real sales).
I'll be updating the DD over the weekend - probably on Sunday.
A more than satisfactory status quo day for $SFLM - all trades were still around 5%>10% of the anticipated .01 > .02 expected at some point ahead.
Again today there were just a few impatient small holders walking their ask down from .0010 to .0009 and getting bought out.
There was one 4M+ ask buy at .0009 after which a .0009 bid was established.
.0010 ask at uptick was 32M - 2M less than last time and a further 2M was cancelled leaving 28M. At the close after day orders timed out there was only 12M.
Peak .0008 bid was 34M after some was used to buy .0009 asks over the past 2 days when it was obvious that .0008s would not fill before the next key events..
MM OTCX has remained at .0011 for 5 days now.
OTC market top traders who already have the $SFLM shares they need for $6-figure profits at .01>.02 were busy elsewhere on Watch List tickers that were moving up / offering reload opportunities: particularly $ENZC which has a major update PR and podcast ahead on May 17.
Overall, 11.5M shares were traded today - almost all at .0009.
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 .0010 > .0015.
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 13 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in $1.261M more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K + $273K + $253K + $229K + $245K = $3.751M - average $289K per week compared to an average of $192K per week in 2021. This [$289K - $192K] x 13 = $1.261M increase represents 50.5% 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 still .0785 (thanks to 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 .0785 - 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 May 8, 2022 - here:
https://investorshangout.com/post/view?id=6398705
$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 for the patient.
Major catalysts ahead in 2022 are:
- 2022 Q1 Report filing - due around May 17 with only 1 trading days left prior.
- Metaverse store opening on May 18 - only 2 trading days left prior.
- Continued excellent revenue growth from the core Jewelry Division.
- Updates on the Metaverse Division.
- Updates on the NFT Division.
- Updates on Bitcoin activities.
- Acquisitions of other collectibles companies - some already in discussions.
- OTCQB uplisting.
- Further steps / share reductions in the Shareholder Protection Initiative.
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
Key Points - 2022 Q1 Achievements PR Dated May 11, 2022
https://investorshangout.com/post/view?id=6401203
The Metaverse store is opening on May 18 - so there will be 6 weeks of revenue in the 2022 Q2 period.
Watch out for PRs ahead on one or more of the following:
- Further updates on the Metaverse Division after the store opens on May 18.
- Next step in the Shareholder Protection Initiative.
On May 10 the company announced that the eBay Jewelry Store will be visible and accessible from the Metaverse store (for real sales).
I'll be updating the DD 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.
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