Trading Summary - August 30. A satisfactory sta
Post# of 7026
A satisfactory status quo day for $SFLM.
At the open, there was 2.6M at .0007 + 19.4M left at .0008 - the same as at the close on August 29.
Thereafter, a 5M buy order at .0007 - using funds taken from the .0006 bid - took out the undercut ask .0007s and the balance went to the bid.
Subsequently, there was a further 7M buy at .0007 - again using funds moved up from the .0006 bid.
There have been no significant fills at .0006 in several weeks since the last time the .0008s were almost gone with 3M left.
The bid was maintained at 54M+ throughout - even after $7K from the former bid was used for buys at .0007 + .0008 today.
Overall, 10M shares were traded today during the minor games.
Only 1M of these was added back to the ask at .0008 - making 20.4M.
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 paint downs. 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.
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).
The Share Structure was updated on August 19 after the close - there has now been no change - no dilution - to the Unrestricted Outstanding Shares in 76 days.
Latest DD here:
https://investorshangout.com/post/view?id=6462003
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.
- Excellent Week 34 results and / or revenue so far in Q3.
$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).
I'll update the Week 35 revenue so far later tonight.
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.