Trading Summary - August 31. A satisfactory sta
Post# of 7026
A satisfactory status quo day for $SFLM - with some developments.
At the open, there was only 6.7M at left .0008 - the low level basher / scammer / low-level flipper(s) waited 20+ minutes before adding the additional 17.7M via NITE and CDEL - to make 24.4M total.
Thereafter, with most OTC market top traders choosing to add $IJJP $ECOX $SUTI today, on $SFLM there were just minor games with .0007s being bought on undercut asks and from paint downs from bids.
There have been no significant fills at .0006 in several weeks since the last time the .0008s were almost gone with 3M left.
After some of the funds from the .0006 bid were used to buy .0007s, the .0006 bid was topped up again and then increased to 73.9M.
Towards the close, all the fake ask via NITE was cancelled and he retreated all the way to .0507.
Overall, 5.4M shares were traded today during the minor games.
None of these were effectively added to the ask at .0008.
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.