Trading Summary - August 17. A more than satisf
Post# of 7026
A more than satisfactory status quo day for $SFLM.
Before the open we had the anticipated PR summarizing the progress made in 2022 Q2 and the promising outlook for the second-half of the year. I'll be doing a Summary of Key Points later.
At the open, there was a balance of 4.8M left at.0008 (same GTSM and CSTI as after the close yesterday + plus other insignificant amounts).
When the ask was not hit immediately across .0008 + .0009 from orders placed before the open, low level flipper(s) put the additional amounts up as posted contemporaneously to reach a peak of 17M.
Thereafter, there were 23 trades with all the significant ones being reported contemporaneously - including:
- 5M buy at .0008 (largest buy of the day).
- Other buys of 1M + 500K at .0008.
- 12 x 950K paint downs over a 4.5 minute period - possibly Public Offering traders taking a lesser profit after people took too long to hit the ask at .0009 over the past several days - and a few other small trades.
- Of the 16.5M bought at .0007, only 4.3M was put at .0008 - the rest was kept for trading on significant moves ahead.
The bid increased incrementally to a peak of 22.9M at .0007 and -after 16.5M had been bought - was immediately topped back up to 13.5M remaining and was then maintained at that level for the final 2 hours of the session.
For the final 2 hours was 13.5M .0007 x 14.8M .0008 [NITE 6.4M / GTSM .4M / CSTI 4.1M / CDEL 3.9M].
There have been no significant fills at .0006 in weeks since the last time the .0008s were almost gone with 3M left - and none at all recently.
Overall, 23.2M shares were traded today.
People still need to learn that if they want to get a run going, the first and second asks prices need to be taken out in rapid succession before manipulators get a chance to add asks or make paintdowns. Public Offering institutional level buyers will be happy to sell at higher prices - provided moves don't take too many days - as was the case on all the major runs in 2021. Today might have turned out very differently if there had been 3 or 4 x 5M buys set at .0009 from orders placed before the open.
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).
Latest DD here:
https://investorshangout.com/post/view?id=6454200
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 / updates ahead on one or more of the following:
- Further updates on the Metaverse Division.
- Next step in the Shareholder Protection Initiative.
$SFLM remains my #1 Long-Term Top Profit Pick for the whole of 2022 into 2023 for self-evident reasons in the DD (see link above).
Week 33 is off to a good start with the top item already at $6,800 before the open today - I'll update 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.