Trading Summary - September 9. A somewhat disap
Post# of 7026
A somewhat disappointing day for $SFLM with people failing to hit the ask at .0010 aggressively enough at the open.
However, easy reloading opportunities were enabled at .0009 and .0008 by the antics of the lone scammer / basher on the amateur forum - and any impatient people duped - covered in detail in earlier contemporaneous posts.
Any .0008 asks that appeared were bought out almost immediately and the .0009 ask - when the additional 10M was cancelled - was 15M.
Peak bid at .0007 through to the close was 73M - $51K+ - and there were no significant fills - just a few small paint down attempts for as few as 2 shares.
There have been no significant fills at .0006 in several weeks - and none since the last 100% run to .0012 from that level a few days ago.
OTC market top traders also chose to split their time on minor reload opportunities on $PSRU $IJJP $ECOX $OTTV $INQD.
Overall, 55M shares were traded - mostly at .0008 + .0009.
As already proven on September 7 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 September 8 after the close - there has now been no change - no dilution - to the Unrestricted Outstanding Shares in 96 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).
The Week 36 Revenue was higher than Week 35 - the official company figure isn't out yet.
I have limited spare time this weekend due to travelling back from Summer relocation to home and then starting to move home to another state. So the DD update may be today or over the weekend - depending on when / if the company come out with a Week 36 update - or may be without Week 36 but with the longer 3-month+ "no dilution" period inserted and this week's news but less highlighting of key points (which is the very time consuming part).
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.