What has attracted a lot of the new interest trade
Post# of 7110
(Total Views: 74)
Posted On: 09/08/2023 1:01:58 PM
What has attracted a lot of the new interest traders to $SFLM is the fact that it has one of the lowest Unrestricted Outstanding Shares counts in the OTC at 2.238B - now unchanged for 311 days - covering the entire tenure of the new CEO - at a time when many of the tickers are having increases of 5B/10B to 50B each time they have a change - sometimes every week or even every few days.
We also know that the CEO specializes in debt reduction and cancellation - so there is no reason to believe there should be any significant increase as the company moves forward.
It is also know from detailed observation on the way down from the last surge to .02- worst case - roughly how much volume is held at each particular price point - and will be even less if anyone chose to sell individual lots for a loss.
Those who trade individual cost basis lots on surges they are happy with expect to do very well
We also know that the CEO specializes in debt reduction and cancellation - so there is no reason to believe there should be any significant increase as the company moves forward.
It is also know from detailed observation on the way down from the last surge to .02- worst case - roughly how much volume is held at each particular price point - and will be even less if anyone chose to sell individual lots for a loss.
Those who trade individual cost basis lots on surges they are happy with expect to do very well
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"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.