April 5. A satisfactory quo day for $SFLM on a day
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Posted On: 04/05/2023 4:14:39 PM
April 5. A satisfactory quo day for $SFLM on a day despite a lack of action in the OTC market generally due to the upcoming Easter long-weekend.
Opened with 23M on the ask at .0006.
As reported contemporaneously, long-term traders bidding aggressively were able to buy around 7.6M at .0005 from 11 x small paint downs from the impatient / manipulators / scammers.
In addition, when 1.44M was left on an undercut ask at .0005 it was bought almost immediately.
The bid at .0004 was 127M when it showed briefly - increased almost immediately to 130M - $52K - and then 3.3M was outbidding at .0005 without getting filled.
Closed with .0006 ask reduced to 20M (3M less than at open) despite 9M being bought at .0005 - so traders are keeping most of it in their inventory for trading much higher later.
With the Annual Report due by April 14, we can expect the .0006s and .0007s to get bought out quickly at any time as soon as the top traders of it can spare the time to concentrate on it.
The $52K+ in unused new interest bid funds at .0004 and .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
No news.
Share Structure updated April 3 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 155 days.
Latest Overview - updated April 3 - here:
https://investorshangout.com/post/view?id=6556313
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.
There are now a maximum of only 6 trading days before the Annual Report is filed.
Opened with 23M on the ask at .0006.
As reported contemporaneously, long-term traders bidding aggressively were able to buy around 7.6M at .0005 from 11 x small paint downs from the impatient / manipulators / scammers.
In addition, when 1.44M was left on an undercut ask at .0005 it was bought almost immediately.
The bid at .0004 was 127M when it showed briefly - increased almost immediately to 130M - $52K - and then 3.3M was outbidding at .0005 without getting filled.
Closed with .0006 ask reduced to 20M (3M less than at open) despite 9M being bought at .0005 - so traders are keeping most of it in their inventory for trading much higher later.
With the Annual Report due by April 14, we can expect the .0006s and .0007s to get bought out quickly at any time as soon as the top traders of it can spare the time to concentrate on it.
The $52K+ in unused new interest bid funds at .0004 and .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
No news.
Share Structure updated April 3 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 155 days.
Latest Overview - updated April 3 - here:
https://investorshangout.com/post/view?id=6556313
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.
There are now a maximum of only 6 trading days before the Annual Report is filed.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
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.
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