March 24. A satisfactory status quo day for $SF
Post# of 7110
(Total Views: 116)
Posted On: 03/24/2023 4:23:44 PM
March 24.
A satisfactory status quo day for $SFLM at .0006 ask with an increased bid peaking at 128.76M - $51.5K.
Opened with 6M left at .0006.
Next, 5.5M was bought on the bid at .0005 from 3 x small paint downs.
A further 1M+ could be bought from intermittent undercut asks at .0005 - usually just 10K or 50K from MM BLAS who frequently moved back up to .0007 when hit.
In the closing seconds there were 2 x 18M mirror trades - at 2 slightly different prices around .0004 (1st Red & 2nd Green on E*Trade) - believed to be MM to MM transfers.
It is not believed that retail traders were able to buy any significant amount at .0004 - long-term top traders of $SFLM bidding for weeks didn't get any apart from 1 x 8,000 paint down at 14:17:57.
Overall, 6.2M could be bought today by retail traders mostly at .0005 - and in addition there was the 2 x 18M wash trade.
Closed with 12M on the ask at .0006.
With the Annual Report due soon, we can expect the .0006s and .0007s to get bought out quickly at any time.
The $40K+ in unused new interest bid funds at .0004 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 143 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.
A satisfactory status quo day for $SFLM at .0006 ask with an increased bid peaking at 128.76M - $51.5K.
Opened with 6M left at .0006.
Next, 5.5M was bought on the bid at .0005 from 3 x small paint downs.
A further 1M+ could be bought from intermittent undercut asks at .0005 - usually just 10K or 50K from MM BLAS who frequently moved back up to .0007 when hit.
In the closing seconds there were 2 x 18M mirror trades - at 2 slightly different prices around .0004 (1st Red & 2nd Green on E*Trade) - believed to be MM to MM transfers.
It is not believed that retail traders were able to buy any significant amount at .0004 - long-term top traders of $SFLM bidding for weeks didn't get any apart from 1 x 8,000 paint down at 14:17:57.
Overall, 6.2M could be bought today by retail traders mostly at .0005 - and in addition there was the 2 x 18M wash trade.
Closed with 12M on the ask at .0006.
With the Annual Report due soon, we can expect the .0006s and .0007s to get bought out quickly at any time.
The $40K+ in unused new interest bid funds at .0004 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 143 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.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.