Trading Summary - September 6. A satisfactory s
Post# of 7026
A satisfactory status quo day for $SFLM.
At the open, the ask at .0008 was down to 11M. As reported contemporaneously, when people failed to hit the ask at .0008 + .0009 in the first 30+ minutes, the usual suspects added back the extra to make 20.6M (same as Friday).
Throughout the day, all OTC market top traders were fully occupied on the reloading / off the bottom breakout of other Watch List tickers $PSRU $INQD $ECOX $IJJP $DGWR.
On $SFLM, 1.3M was bought during the minor games.
There have been no significant fills at .0006 in several weeks since the last time the .0008s were almost gone with 3M left.
A .0007 bid was maintained throughout the day.
Overall, 849K shares were traded today during the minor games.
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 - as was seen on $PSRU when it was at .0008 ask last week (.0017 now). 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 - updated September 5:
https://investorshangout.com/post/view?id=6465860
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 and Week 35 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 36 Revenue 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.