Trading Summary - August 31. A better day today
Post# of 7024
A better day today for $SFLM with a reversal from the manipulated down low of .0008 at the close yesterday to .0010 close today - up 25%.
Key points were:
- Opened with 12.3M left at .0009 x 17.8M bid at .0008.
- No significant fills at .0008 before .0009s taken out with 3M in miscellaneous small buys and a 14M buy.
- The 17M bought on the .0009 ask included a double red / green 5M in addition to the 12M there originally.
- Initially on uptick there was only 9M at .0010 - a 5M buy reduced this to 4M left.
- Traders failed to keep the momentum up and take out the 4M at .0010 to get .0011s started - so a scammer put an additional 7M up at .0010 to make 11M.
- The .0009 bid rapidly reached a peak of 23M.
- Some were duped by the stacked ask to trade on the bid at .0009.
- A total of 10M+ was bought at .0010 and about 23M bought on the bid at .0009 which was continually topped up - 2M at the close.
- Only a net 4M was added to the ask at .0010 from the 23M bought on the bid at .0009 (or 40M bought on the bid and ask at .0009).
- Overall, 50M was bought today - 40M at .0009 + 10M at .0010.
- Closed with 15.2M on the ask at .0010 - 11.4M after day trades cancelled out.
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 303 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
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.