Short Summary - October 5. An excellent day for
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Posted On: 10/05/2023 6:46:08 PM
Short Summary - October 5.
An excellent day for $SFLM closing up 12.27% at .0025 and achieving a hod .0027.
Prior to the open, it was disappointing that traders are still failing to cancel left over asks before the open.
MM ASCM was absent all day for a 3rd day.
In early trading, amateurs with small holdings again traded on both walked down asks and bids in the range .0022 > .0018 - demonstrating an impatient attitude and a complete lack of common sense. Only 2M could be bought at .0018 where there was a relatively large bid.
The majority of trading up to the final hour was around .0020/.0021.
In the final hour, a number of the top traders of $SFLM simultaneously spotted the filing of another Attorney Opinion Letter and alerted this to followers.
Immediately, a surge ensued .0021 > .0027 and in then in the final minutes additional trading was on undercut asks at .0026 and bid .0025.
Overall, 84M was traded - transferring from weak hands who just want to chase the latest pump to serious traders increasing their inventory of shares for trading much higher later and possibly from some low-level flippers who bought over the last 2 days.
Traders need to note that every 1M sold at .0026 instead of .01 is throwing away $7.4K in profit and throwing away $17.4K at .02!
Latest Overview here - updated October 1, 2023:
https://investorshangout.com/post/view?id=6624848
An excellent day for $SFLM closing up 12.27% at .0025 and achieving a hod .0027.
Prior to the open, it was disappointing that traders are still failing to cancel left over asks before the open.
MM ASCM was absent all day for a 3rd day.
In early trading, amateurs with small holdings again traded on both walked down asks and bids in the range .0022 > .0018 - demonstrating an impatient attitude and a complete lack of common sense. Only 2M could be bought at .0018 where there was a relatively large bid.
The majority of trading up to the final hour was around .0020/.0021.
In the final hour, a number of the top traders of $SFLM simultaneously spotted the filing of another Attorney Opinion Letter and alerted this to followers.
Immediately, a surge ensued .0021 > .0027 and in then in the final minutes additional trading was on undercut asks at .0026 and bid .0025.
Overall, 84M was traded - transferring from weak hands who just want to chase the latest pump to serious traders increasing their inventory of shares for trading much higher later and possibly from some low-level flippers who bought over the last 2 days.
Traders need to note that every 1M sold at .0026 instead of .01 is throwing away $7.4K in profit and throwing away $17.4K at .02!
Latest Overview here - updated October 1, 2023:
https://investorshangout.com/post/view?id=6624848
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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.
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