Trading Summary - July 5. A disappointing day t
Post# of 7026
A disappointing day today throughout the OTC market with many traders absent.
Despite the great news - missed by many not trading today - people failed to hit the ask on $SFLM so the impatient put another 12M on the ask at .0008 then sold around 10M to bidders at .0007 and created an undercut ask of 7M at .0007.
Again today, OTC market top traders choose to spend the majority of the day elsewhere on tickers moving up / reloading after the last run $ENZC $INQD $DGWR.
Overall, 10.8M shares were traded today on $SFLM.
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. They spent most of the day on the "coming off the bottom" or reload tickers listed above.
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 s howing 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:
https://twitter.com/i/status/1512415744105099269
Key Points - CEO 16th Update Video:
https://investorshangout.com/post/view?id=6419422
CEO 17th Update Video - published June 17, 2022:
https://www.youtube.com/watch?v=5vGvsuSg1vA
Latest DD - updated July 4, 2022 - here:
https://investorshangout.com/post/view?id=6432564
$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.
- Anticipated record breaking 2022 Q2 filing.
Watch out for PRs / updates ahead on one or more of the following:
- Further updates on the Metaverse Division.
- Next step in the Shareholder Protection Initiative.
I'll update on the Week 27 revenue to date later.
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.