Trading Summary - June 16. A more than satisfac
Post# of 7026
A more than satisfactory status quo day today for $SFLM with more loading by ask buying at .0007 and .0008.
Everytime a manipulator or impatient person put additional undercut ask .0007s up they were bought out - often decisely with buys u p to 5M at a time.
Upon uptick to .0008, there was only 16M left - down from a peak of 36M last week.
Peak bid was 95M at .0006 - with little chance of filling - apart from manipulation attempts - as it is below the price people have to buy $50K's worth to get via the Public Offering (.00064). At some point we can expect that $57K of sustained buying interest from bidders to hit the ask before they get left behind on the next breakout whenever that might be.
Overall, 17M shares were traded today.
My assessment on the Public Offering - which is working out as intended - is covered in detail in the latest DD (see link below).
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. Again today, there was some diversion of interest onto 4 x other Watch list tickers that started breaking out, reloading and reverseing, or having significant new interest: $INQD $PSRU $DGWR $ECOX.
It makes little difference to the OTC market top long-term continuous traders of $SFLM where they buy in the .0007 > .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 .0007 > .0015.
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 Share Structure was updated on June 3, 2022 showing no significant dilution of the Unrestricted Outstanding share count - only 90M April 27 > June 3 - see DD for additional comments.
Key Points - 2022 Q1 here:
https://investorshangout.com/post/view?id=6403329
Corporate Video here:
https://twitter.com/i/status/1512415744105099269
Key Points - CEO 16th Update Video:
https://investorshangout.com/post/view?id=6419422
Latest DD - updated June 10, 2022 - here:
https://investorshangout.com/post/view?id=6419471
$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 into 2023 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 / NASDAQ uplisting or IPO.
- Further steps / share reductions in the Shareholder Protection Initiative.
Watch out for PRs ahead on one or more of the following:
- Further updates on the Metaverse Division.
- Next step in the Shareholder Protection Initiative.
There are still 3 more auctions in 2022 Q2 - closing June 16, 23 and 30.
Revenue for Week 24 is off to a good start with multiple bidding wars again with the top item already over $6K.
I'll update later tonight after the auction closes.
Watch out for the CEO's imminent next update video / podcast.
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.