Trading Summary - August 30. Another disappoint
Post# of 7110
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Posted On: 08/30/2023 4:18:05 PM
Trading Summary - August 30.
Another disappointing day for $SFLM.
First, people not paying attention pre-open failed to cancel their asks at .0010 when MMs indicated they would let it gap up to .0011 and sometimes problematic MMs BLAS, OTCN and INTL had all moved up to .0023 (where they subsequently remained all day).
Then with people failing to hit walked down asks, more people were duped into trading on the bid through .0009 and .0008.
It then reversed when the .0008 bid was topped up aggressively - peaking at 40M before former bidders finally started to hit the ask at .0009 - leaving 9.8M there at the close.
There were no significant bid fills at .0008 for final 6 hours - except until a scammer did a paint down of 2.6M 8 seconds before the close.
Closed 28.8M .0008 x 9.8M left at .0009.
Overall, 52M traded today - split pretty equally at .0008 + .0009.
I and at least 4 other traders with significant followings (including one with 17K+) added to their inventory of shares today for trading higher later.
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 302 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
Another disappointing day for $SFLM.
First, people not paying attention pre-open failed to cancel their asks at .0010 when MMs indicated they would let it gap up to .0011 and sometimes problematic MMs BLAS, OTCN and INTL had all moved up to .0023 (where they subsequently remained all day).
Then with people failing to hit walked down asks, more people were duped into trading on the bid through .0009 and .0008.
It then reversed when the .0008 bid was topped up aggressively - peaking at 40M before former bidders finally started to hit the ask at .0009 - leaving 9.8M there at the close.
There were no significant bid fills at .0008 for final 6 hours - except until a scammer did a paint down of 2.6M 8 seconds before the close.
Closed 28.8M .0008 x 9.8M left at .0009.
Overall, 52M traded today - split pretty equally at .0008 + .0009.
I and at least 4 other traders with significant followings (including one with 17K+) added to their inventory of shares today for trading higher later.
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 302 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
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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.