Trading Summary - September 13. A less than tot
Post# of 7026
A less than totally satisfactory status quo day for $SFLM because people failed to hit the ask at .0008 + .0009 aggressively at the open to get the .0010+ break and start the thin move up towards .0020+.
As usual, either one of the two basher scammers - or the impatient - put small amounts of undercut asks at .0008 and also traded some on the bid prices at .0007. Some of the .0007s bought were added to the .0008 ask by low-level flippers.
There was a 2 x 9,043,750 mirror trade at .000683 and .0007 - possibly MM > MM transfer for a small profit.
Peak bid at .0007 was 50M - $35K - of which only 23M could be bought (ignoring the wash trade).
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 the other top profit pick $PSRU - and I was also not trading for the last 2 hours of the session.
Overall, 49M shares were traded.
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 9:
https://investorshangout.com/post/view?id=6468419
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 have limited spare time for the next few weeks while I'm moving into a new home in a different state. I may not always be able to do a Daily Trading Summary but I will update the revenue. I will also not necessarily be trading the last few hours of some days.
Week 37 Revenue so far to follow in a few hours time.
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.