Trading Summary - August 3. A satisfactory stat
Post# of 7024
A satisfactory status quo day for $SFLM with the ask still at .0007.
Opened with 18.1M left on the ask at .0007 - 3M higher than at the close yesterday.
The scammer that added the extra 3M at .0007 subsequently moved it down to .0006 in an attempt to dupe people to trade on the bid at .0005.
All subsequent significant trades were reported contemporaneously in earlier posts.
In summary:
- Any undercut ask .0006s were bought out in buys as large as 3.92M.
- Only 2.89M could be bought at .0005 from a single failed paint down attempt.
- 11.7M was bought at .0006.
- Despite 14.6M being bought today, there was only a net increase of 1.6M at .0007 - showing that most were bought by longs for trading much higher later.
- Peak bid at .0005 was 72M+ - of which only 2.9M filled - leaving 69M.
- Unused bid funds at the close was 69M .0005 + 5.4M .0006 - $38K - sufficient to take out .0007 > .0010 when applied to the ask.
When day trades from the scammer(s) trying to hold it back timed out at the close, there was only 9.4M left (up 1.9M from August 2) an amount that could easily be taken out at the open any day from an order placed before the open. The key is to do this before the scammer puts the remainder up when the ask isn't hit straight away.
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 August 1 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 275 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 August 1 - here:
https://investorshangout.com/post/view?id=6603296
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.