Trading Summary - August 29.
A disappointing day for $SFLM with traders ignoring my warnings and failing to hit the ask at .0012 > .0011 > .0010 aggressively enough despite there being a peak of 25M in unused bid funds at .0009 - $22.5K - sufficient to take out .0010 > .0012 if applied to successive asks in rapid order or with a hail mary buy.
All trades and remaining low asks were covered in earlier contemporaneous posts.
Right after the open there was only 12M left at .0012.
By failing to hit the ask and take out the .0012s + .0013s, traders allowed MMs to walk it down and duped more impatient people to trade on the bid and walked down asks.
Overall, 58M was traded - the majority at .0010 + .0011.
Only 10K could be bought at .0009 from 1 x insignificant paint down attempt.
At the close, there was 500K left at .0010 (possibly cancelled) and about 6.9M at .0011.
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.
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 22 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 301 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 with multiple further updates on August 23, 2023.
Overview - updated August 27 - here:
https://investorshangout.com/post/view?id=6612706
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 disappointing day for $SFLM with traders ignoring my warnings and failing to hit the ask at .0012 > .0011 > .0010 aggressively enough despite there being a peak of 25M in unused bid funds at .0009 - $22.5K - sufficient to take out .0010 > .0012 if applied to successive asks in rapid order or with a hail mary buy.
All trades and remaining low asks were covered in earlier contemporaneous posts.
Right after the open there was only 12M left at .0012.
By failing to hit the ask and take out the .0012s + .0013s, traders allowed MMs to walk it down and duped more impatient people to trade on the bid and walked down asks.
Overall, 58M was traded - the majority at .0010 + .0011.
Only 10K could be bought at .0009 from 1 x insignificant paint down attempt.
At the close, there was 500K left at .0010 (possibly cancelled) and about 6.9M at .0011.
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.
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 22 - again no change - no dilution.
There has now been no change / dilution of the Unrestricted Outstanding shares for 301 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 with multiple further updates on August 23, 2023.
Overview - updated August 27 - here:
https://investorshangout.com/post/view?id=6612706
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.
