Trading Summary - July 24.
A much better day today for $SFLM with the .0006s taken out decisively and the .0007s started again.
Opened with 8M cancelled from the .0006 ask leaving 9.7M.
As reported contemporaneously, this was bought out in 3 individual seconds - with the larger elements being 4.85M and 3.80M - and the .0007s were started.
Initially on uptick there was only 9.7M at .0007 - showing that I was correct in opining previously that the undercut ask at .0006 had been moved down from .0007 (and those impatient people gave up their shares at the wrong time for a loss).
There was a peak bid of 8.1M at .0006 + 79.5M at .0005 (up 25M).
The .0007s were started with buys of 100K + 2.2M and the ask remaining counted down correctly.
Thereafter there were some small buys on the bid at .0006 totaling 5.68M from 21 x paint downs as small as 250 shares which 1-tick flippers added to the ask.
Closed with 15.955M left at .0007.
Overall, 22.5M traded today at .0006 + .0007.
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 20 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 265 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 23 - here:
https://investorshangout.com/post/view?id=6599412
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.
A much better day today for $SFLM with the .0006s taken out decisively and the .0007s started again.
Opened with 8M cancelled from the .0006 ask leaving 9.7M.
As reported contemporaneously, this was bought out in 3 individual seconds - with the larger elements being 4.85M and 3.80M - and the .0007s were started.
Initially on uptick there was only 9.7M at .0007 - showing that I was correct in opining previously that the undercut ask at .0006 had been moved down from .0007 (and those impatient people gave up their shares at the wrong time for a loss).
There was a peak bid of 8.1M at .0006 + 79.5M at .0005 (up 25M).
The .0007s were started with buys of 100K + 2.2M and the ask remaining counted down correctly.
Thereafter there were some small buys on the bid at .0006 totaling 5.68M from 21 x paint downs as small as 250 shares which 1-tick flippers added to the ask.
Closed with 15.955M left at .0007.
Overall, 22.5M traded today at .0006 + .0007.
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 20 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 265 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 23 - here:
https://investorshangout.com/post/view?id=6599412
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
"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.
