Short Summary - October 17. Another wasted day
Post# of 7110
(Total Views: 65)
Posted On: 10/17/2023 4:08:33 PM
Short Summary - October 17.
Another wasted day for $SFLM with no upward progress due to moronic flippers continuing to put walked down asks up and allowing new interest to get in cheap under .0025.
Not only are people continuing to fail to cancel left over flip asks before the open but they also are blatantly undercutting asks that were already up by the previous close.
It's only a matter of time before they get caught having flipped shares they haven't managed to replace by the close to discover that $SFLM is OTC Pink Current before the next open.
35 minutes prior to the close, there was a 3M hail mary buy set at .0022 took out .0021 + most of .0022. However, other traders failed to follow through with further hail mary buys when it would have been easy to get a close at .0024 or above.
Once we get the .0030+ break, the serious traders of $SFLM - those with 25M > 50M+ shares - should be able to get momentum going and by continually outbidding stopping low level flip people from getting back in.
Overall, 16M was traded - from weak hands to those looking for .01+ - in the .0019 > .0022 range - with .0022 almost gone by the close.
Traders need to note that every 1M sold at .0022 instead of .01 is throwing away $7.8K in profit and throwing away $17.8K at .02!
The share structure was updated on September 12 - again with no change.
There has no been no change to the Unrestricted O/S in 350 days.
Latest Overview here - updated October 1, 2023:
Watch out for possible upgrade to OTC Pink Current before every open going forward.
Another wasted day for $SFLM with no upward progress due to moronic flippers continuing to put walked down asks up and allowing new interest to get in cheap under .0025.
Not only are people continuing to fail to cancel left over flip asks before the open but they also are blatantly undercutting asks that were already up by the previous close.
It's only a matter of time before they get caught having flipped shares they haven't managed to replace by the close to discover that $SFLM is OTC Pink Current before the next open.
35 minutes prior to the close, there was a 3M hail mary buy set at .0022 took out .0021 + most of .0022. However, other traders failed to follow through with further hail mary buys when it would have been easy to get a close at .0024 or above.
Once we get the .0030+ break, the serious traders of $SFLM - those with 25M > 50M+ shares - should be able to get momentum going and by continually outbidding stopping low level flip people from getting back in.
Overall, 16M was traded - from weak hands to those looking for .01+ - in the .0019 > .0022 range - with .0022 almost gone by the close.
Traders need to note that every 1M sold at .0022 instead of .01 is throwing away $7.8K in profit and throwing away $17.8K at .02!
The share structure was updated on September 12 - again with no change.
There has no been no change to the Unrestricted O/S in 350 days.
Latest Overview here - updated October 1, 2023:
Watch out for possible upgrade to OTC Pink Current before every open going forward.
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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.