Trading Summary - June 3. Almost the entire OTC
Post# of 7110
(Total Views: 118)
Posted On: 06/03/2022 4:16:54 PM
Trading Summary - June 3.
Almost the entire OTC market was dead again today with just some minor jockeying for position on multiple Watch List tickers.
Top traders of $SFLM are playing a waiting game as evidenced by the 500>1000+ views on the main board for it here every day.
A satisfactory status quo day for $SFLM - all trades were still around 5%>10% of the anticipated .01 > .02 expected at some point ahead.
As reported contemporaneously, one tick flipper(s) at .0009 were taken out twice and the .0010s restarted with only 12M left after a 1.25M buy. Thereafter, a scammer added 11M at .0010 and then walked it down to .0009 in yet another failed attempt people to dupe filling the $50K bid at .0008.
It will be interesting to see how much if any is left on the ask at .0009 at the open on Monday.
We need to keep the momentum up on moves to stop the basher / scammer / 1-tick flippers from reloading.
Highest bid seen was 62M at .0008.
Overall, 9.2M shares were traded today - the majority 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 .0009 > .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 16 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in $1.424M more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K + $273K + $253K + $229K + $245K + $245K + $241K + $257K = $4.494M - average $282K per week compared to an average of $192K per week in 2021. This [$281K - $192K] x 16 = $1.424M increase represents 46.35% growth over the past 16 weeks on top of 35% already achieved in 2021.
Overall average revenue per week in 2022 for Weeks 1-22 is $270 - compared to $192 average for the whole of 2021 - which represents 40.62% growth.
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 .0777 (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 .0777 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M boought at .0010 is worth a $11K profit at .0120.
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.
Key Points - 2022 Q1 here:
https://investorshangout.com/post/view?id=6403329
Latest DD - updated May 30, 2022 - here:
https://investorshangout.com/post/view?id=6412298
$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:
- 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.
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
Key Points - CEO 15th Update Video here:
https://investorshangout.com/post/view?id=6407731
https://vimeo.com/711712239
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
There will be just under 4 weeks of Metaverse 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.
- Next step in the Shareholder Protection Initiative.
- Week 22 results.
If we don't get an update via Twitter on the Week 22 revenue to June 2 I'll be using my $257K figure derived by adding up eBay sales manually to update the 2022 Revenue to date.
Also, I'll be updating the DD over the weekend.
Almost the entire OTC market was dead again today with just some minor jockeying for position on multiple Watch List tickers.
Top traders of $SFLM are playing a waiting game as evidenced by the 500>1000+ views on the main board for it here every day.
A satisfactory status quo day for $SFLM - all trades were still around 5%>10% of the anticipated .01 > .02 expected at some point ahead.
As reported contemporaneously, one tick flipper(s) at .0009 were taken out twice and the .0010s restarted with only 12M left after a 1.25M buy. Thereafter, a scammer added 11M at .0010 and then walked it down to .0009 in yet another failed attempt people to dupe filling the $50K bid at .0008.
It will be interesting to see how much if any is left on the ask at .0009 at the open on Monday.
We need to keep the momentum up on moves to stop the basher / scammer / 1-tick flippers from reloading.
Highest bid seen was 62M at .0008.
Overall, 9.2M shares were traded today - the majority 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 .0009 > .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 16 weeks has enabled a much bigger inventory to be bought for sale each week which has now resulted in $1.424M more in revenue over the period [$298K + $319K + $256K + $362K + $355K + $283K + $353K + $311K + $214K + $273K + $253K + $229K + $245K + $245K + $241K + $257K = $4.494M - average $282K per week compared to an average of $192K per week in 2021. This [$281K - $192K] x 16 = $1.424M increase represents 46.35% growth over the past 16 weeks on top of 35% already achieved in 2021.
Overall average revenue per week in 2022 for Weeks 1-22 is $270 - compared to $192 average for the whole of 2021 - which represents 40.62% growth.
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 .0777 (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 .0777 - apart from the additional partial profits taken on the way to the long-term target.
Every 1M boought at .0010 is worth a $11K profit at .0120.
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.
Key Points - 2022 Q1 here:
https://investorshangout.com/post/view?id=6403329
Latest DD - updated May 30, 2022 - here:
https://investorshangout.com/post/view?id=6412298
$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:
- 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.
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
Key Points - CEO 15th Update Video here:
https://investorshangout.com/post/view?id=6407731
https://vimeo.com/711712239
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
There will be just under 4 weeks of Metaverse 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.
- Next step in the Shareholder Protection Initiative.
- Week 22 results.
If we don't get an update via Twitter on the Week 22 revenue to June 2 I'll be using my $257K figure derived by adding up eBay sales manually to update the 2022 Revenue to date.
Also, I'll be updating the DD over the weekend.
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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.