Trading Summary - September 8. A somewhat disap
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Posted On: 09/08/2022 4:47:12 PM
Trading Summary - September 8.
A somewhat disappointing day for $SFLM with people failing to hit the ask at .0012 aggressively enough at the open.
Amateurs who hadn't fully appreciated the correct market cap value of $SFLM - fully evaluated in the master DD - first undercut the ask then also whacked bids down to .0009 and low level flippers put shares bought on the ask at .0010.
The situation was not helped by people who use charts claiming there was resistance at .0012 plus of course the usual nonsense peddled by the 2 x bashers on the amateur forum.
On the positive side, a few more, large following, OTC market top traders who got the move going yesterday will be staying with it as a long-term pick now for the move to .01>.02 range.
Any .0009 asks that appeared were bought out immediately and the .0010s were started. The peak amount stacked was 16M.
There were no significant fills at .0008 which had a large bid of 28M - $22.4K.
OTC market top traders also chose to split their time on minor reload opportunities on $PSRU - keeping it just below the .0020+ brekout point - on the move up of $IJJP ahead of next Tuesday's PR - and $ECOX action on improved Q2 perfprmance news.
Overall, 45M shares were traded - mostly at .0010 > .0012.
As already proven yesterday and on every run in 2021, 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. Then also try to prevent bashers / low-level flippers from reloading by outbidding at the top level.
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 - first sales.
- Updates on the NFT Division - approval of 'HoloGlow" patent.
- 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 after the auction closes tonight - it is already looking good for somewhere in the $200K>$250K+ range.
A somewhat disappointing day for $SFLM with people failing to hit the ask at .0012 aggressively enough at the open.
Amateurs who hadn't fully appreciated the correct market cap value of $SFLM - fully evaluated in the master DD - first undercut the ask then also whacked bids down to .0009 and low level flippers put shares bought on the ask at .0010.
The situation was not helped by people who use charts claiming there was resistance at .0012 plus of course the usual nonsense peddled by the 2 x bashers on the amateur forum.
On the positive side, a few more, large following, OTC market top traders who got the move going yesterday will be staying with it as a long-term pick now for the move to .01>.02 range.
Any .0009 asks that appeared were bought out immediately and the .0010s were started. The peak amount stacked was 16M.
There were no significant fills at .0008 which had a large bid of 28M - $22.4K.
OTC market top traders also chose to split their time on minor reload opportunities on $PSRU - keeping it just below the .0020+ brekout point - on the move up of $IJJP ahead of next Tuesday's PR - and $ECOX action on improved Q2 perfprmance news.
Overall, 45M shares were traded - mostly at .0010 > .0012.
As already proven yesterday and on every run in 2021, 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. Then also try to prevent bashers / low-level flippers from reloading by outbidding at the top level.
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 - first sales.
- Updates on the NFT Division - approval of 'HoloGlow" patent.
- 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 after the auction closes tonight - it is already looking good for somewhere in the $200K>$250K+ range.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.