March 22 A more than satisfactory status quo da
Post# of 7024
A more than satisfactory status quo day for $SFLM at .0006 ask but with a significant shift of bids / ask hits upwards.
Opened with only 7.3M left at .0006 - same as at the close on March 20.
A basher / scammer then tried a 10K paint down at .0005 combined with adding 5M to the ask at .0006.
A number of the long-term traders countered by:
- Taking out 5M at .0006 - to leave 7.3M again.
- Increasing the bid at .0004 to a peak of 105M - $42K.
- Putting in 10M+ in bids via 4 x MMs at .0005.
Only 39,700 could be bought at .0005 from 3 x insignificant pain downs as small as 6,700.
Overall, 5.1M was bought today - almost all on the ask at .0006.
Closed 105M .0004 + 10.5M .0005 x only 8.3M left at .0006.
With the Annual Report due soon, we can expect the .0006s and .0007s to get bought out quickly at any time.
The $47K in unused new interest bid funds at .0004 + .0005 are probably sufficient to get into the .0011 > .0020 range if applied to the asks in rapid succession.
The reason $SFLM is so thin to the upside now is explained here:
https://investorshangout.com/post/view?id=6549273
Latest Overview update from March 19 here:
https://investorshangout.com/post/view?id=6550111
No news.
Share Structure updated after the close March 17 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 141 days.
Expect continued movement up over the days and weeks ahead as the new CEO releases details of his acquisition and licensing plans.
It is also anticipated that there will be a name change and ticker change to better align with the new business.
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.