Trading Summary - July 13. Another disappointin
Post# of 7024
Another disappointing day for $SFLM with a few more impatient small holders trading at .0007 after a moron continued to stack the ask at .0008 to 16M at the open - later 17M.
Also annoying was how just a 200K paint down at .0007 - I saw someone take it off a 1M order at .0008 - duped someone to try to sell 3M creating an undercut ask at .0007 of 2M.
Longs were able to buy more .0007s that weren't added to the ask at .0008.
Overall, 15.6M was traded today - mostly at .0007.
All the significant trades were covered in earlier contemporaneous posts.
Ahead, I still expect $SFLM to play out as outlined in the Overview - based on detailed observation of what volume was picked up where on the way down from the last run to .02:
- Probably only a few M .0011>.0020
- Then much thinner - a few 100K - .0021 to the .01>.02 range.
Always watch for a potential gap up to be indicated by MMs before every open - based on pre-open ask buy orders placed by traders who want to add as many shares as possible to their inventory before the .0010+ breakout - and cancel any left over asks under the gap up price.
We know that there has been no dilution since the new CEO took over and that the SEC has prohibited any further selling of non-registered shares by the previous CEO.
Share Structure updated July 7 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 254 days.
WY SOS record updated on May 12, 2023 - see Overview for details.
New CEO started updating the Company Profile at otcmarkets.com on June 30, 2023 - see Overview for details.
Latest Overview - updated July 5 - here:
https://investorshangout.com/post/view?id=6593125
Expect further movement up over the days, weeks and months 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.
Deep Power, Inc - one of the potential candidates to possibly go public via a reverse merger with $SFLM - resumed updates on its LinkedIn account recently after a gap of several months.
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.