Short Summary - October 11. A less than ideal d
Post# of 7026
A less than ideal day for $SFLM with a combination of any / all of the following types of trades:
- Impatient people selling at .0005.
- Shorting.
- Possible cashing in of the formerly Restricted 180M - by insiders payed in shares rather than cash - noted on the latest update if they weren't already traded September 9 > October 3.
- Possible panic sells by small holders at .0004.
- Large wash trades / T-trades by MMs - at least 2 x 50M and a 37.75M as noted contemporaneously - along with buying out the walked down ask at .0004 rapidly.
At the end of the day it is what it is and on the plus side a number of other top OTC traders - including one with 45.8K followers - have bought in at .0004 + .0005 now after spotting the opportunity on scanners and have a vested interest in moving the price up - 22 social media mentions of $SFLM by them today..
The .0005s were restarted with 5M gone so far.
Towards the end of the session a large .0004 bid had been re-established - 84M .0004 x 43M .0005.
There have been no changes to the share structure or additional disclosures / filings that would have led to today's action.
Overall, 356M was traded - predominantly at .0004 + .0005.
Latest DD updated October 9:
https://investorshangout.com/post/view?id=6482514
There was another PR today emphasizing the excellent financial results to date - although it was not alerted as news on broker platforms.
I'll be updating the Week 41 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.