Trading Summary - July 7. Again, people failed
Post# of 7026
Again, people failed to hit the ask on $SFLM and basher / low level flippers continued to stack the ask at .0007 hoping to get .0006s from the impatient. As a result there were just a few insignificant paint down / up trades.
OTC market top traders choose to spend all day elsewhere on Watch List tickers starting to break out: $DGWR $IJJP $ENZC $ECOX Cash extracted with profits from these can then be used later to takeout the hold back ask wall at a time of our choosing ahead.
Overall, 3.4M 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 all of the day on the "coming off the bottom" breakout 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 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:
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 after the auction closes tonight. With one item already at $6K and several others in bidding wars around $2K last night, yet another $200K+ week is expected keeping $SFLM on track for $12M in 2022 for just the eBay store and much more in addition from the Metaverse.
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.