Short Summary - November 11. Another disappoint
Post# of 7024
Another disappointing day for $SFLM.
At the open there was a 1.75M buy on the ask at .0004 from an order placed before the open.
Then 45M were stacked on the ask at .0004 and the bid at .0003 was 135M.
Next, there were 3 x 9,999,999 buys + 1M buy at .0003 - which then got added to the ask at .0004 making 91M.
The bid was topped up again to 130M at .0003.
At the close, when day trades cancelled out the ask was down to 25M - CSTI 18M + GTSM 7M.
Overall, 33.4M was traded.
Latest DD updated November 5:
https://investorshangout.com/post/view?id=6494463
2022 Revenue for Weeks 1-44 is now $9.942M [before any returns / voided sales]
2022 will easily beat 2021 which was $10.001M.
2022 Q3 was $3.166M in 13 weeks.
2022 Q4 - usually the best Q with Christmas buying - is already $1.028M in 5 weeks with 8 weeks still to go.
I'll update Week 45 Revenue if the company comes out with a figure today (will be at least $120K).
Trading on many other tickers is far worse.
$SFLM has not filed for an extension on the Q3 yet so we may see it on time by November 15 (next Tuesday).
I don't have much time for share DD updates this weekend so I'll be leaving the next one on $SFLM until after we have the Q3 filing.
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.