Trading Summary - July 29 A satisfactory status
Post# of 7026
A satisfactory status quo day for $SFLM.
At the open, when traders failed to hit the ask at .0008 in the first 20+ minutes, one of the low level flippers added back another 6M as usual.
2M in buys - almost all at .0008 except for some insignificant and ineffective paint down attempts - took this down to 14.5M at the close - and only 7.7M when the additional flipper's day trade cancelled out.
Throughout the day, the bid at .0007 was topped up adequately whenever some of the funds were used to hit the ask instead - maintaining 12.7M by the close.
Bidders were only able to buy 172K at .0007 from 3 x small paint downs of 170K and 2 x 1K.
News linking the CEO's update video came out but was not alerted on broker platforms - and had already been seen by long-term followers - so no new eyes were put on $SFLM as a result.
There have been no significant fills at .0006 in several days since the last time the .0008s were almost gone with 3M left - and none at all recently.
OTC market top traders again choose to spend most of the day elsewhere on reloading Watch List tickers: $PSRU (.0008s bought out in the closing seconds ahead of the next run towards .0020) $IJJP $ECOX $INCC (9M buy after Company profile update) $INQD $ENZC.
Cash extracted with profits from these can then be used later to continue to move $SFLM up towards the .01+ break.
Ahead expect more former new interest bid sitters to buy successive asks - and increased attention from the existing OTC market top traders of it - before the anticipated record 2022 Q2 filing.
Overall, 2M shares were traded today on $SFLM - almost all at .0008.
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" breakout tickers listed above.
It makes little difference to the OTC market top long-term continuous traders of $SFLM where they buy in the .0008 > .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 .0008 > .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 July 12, 2022 showing no dilution whatsoever in the last 39 days. Prior to that, there has been no significant dilution in 2021 or 2022 compared to the volume traded in any period of increase - as explained in the DD (see link below).
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
CEO 18th Update Video - published July 28, 2022
https://vimeo.com/734109754
Latest DD - updated July 24, 2022 - here:
https://investorshangout.com/post/view?id=6442375
$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.
- Record Q2 and progress so far in Q3.
- Excellent above 2022 average Week 30 revenue.
Watch out for a possible update from the company later today on the Week 30 revenue and then a DD update from me over the weekend.
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
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