Short Summary - October 18. A less than ideal d
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(Total Views: 117)
Posted On: 10/18/2023 5:45:52 PM
Short Summary - October 18.
A less than ideal day for $SFLM.
With people still failing to cancel left over asks before the open - and with a lack of aggressive ask buying for several days to get the .0030+ break and up to .0040 before getting OTC Pink Current - MMs and/or basher/scammers set sell orders across a couple of bids at a time to trigger stop loss sell orders set by amateurs.
On relatively low volume they managed to get it down to .0013 and it then immediately reversed with relatively small asks at .0014 > .0016 being taken out and the .0017s started.
All the trades in the final 4 hours of trading were either at .0016 or .0017 (apart from a few small failed few rounded up .00155 paint downs).
Overall, 110M was traded - from those who lost when stop losses were triggered + those small holders who were duped by the scammers - t o those who were adding to their inventory for trading much higher later + undoubtedly some of the soft bashers / low level flippers.
We are in fact better off without those who lost today as their shares are now in the hands of more astute traders.
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.
Traders need to note that every 1M sold at .0017 instead of .01 is throwing away $8.3K in profit and throwing away $18.3K at .02!
A number of the already discredited amateur forum bashers predictably returned with nonsense comments like "timber" along with a clueless scammer who was debunked both on the amateur forum and on X by the detail in these posts:
https://investorshangout.com/post/view?id=6634108
https://investorshangout.com/post/view?id=6634259
The share structure was updated on September 12 - again with no change.
There has now been no change to the Unrestricted O/S in 351 days - thereby showing that there has been no conversion of the shares owned by the CEO of Deep Power, Inc which - IMO - he will either keep to trade much higher once the $SFLM deals are down or $SFLM will buy the debt back before interest is due in June 2024.
Latest Overview here - updated October 1, 2023:
Watch out for possible upgrade to OTC Pink Current before every open going forward.
A less than ideal day for $SFLM.
With people still failing to cancel left over asks before the open - and with a lack of aggressive ask buying for several days to get the .0030+ break and up to .0040 before getting OTC Pink Current - MMs and/or basher/scammers set sell orders across a couple of bids at a time to trigger stop loss sell orders set by amateurs.
On relatively low volume they managed to get it down to .0013 and it then immediately reversed with relatively small asks at .0014 > .0016 being taken out and the .0017s started.
All the trades in the final 4 hours of trading were either at .0016 or .0017 (apart from a few small failed few rounded up .00155 paint downs).
Overall, 110M was traded - from those who lost when stop losses were triggered + those small holders who were duped by the scammers - t o those who were adding to their inventory for trading much higher later + undoubtedly some of the soft bashers / low level flippers.
We are in fact better off without those who lost today as their shares are now in the hands of more astute traders.
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.
Traders need to note that every 1M sold at .0017 instead of .01 is throwing away $8.3K in profit and throwing away $18.3K at .02!
A number of the already discredited amateur forum bashers predictably returned with nonsense comments like "timber" along with a clueless scammer who was debunked both on the amateur forum and on X by the detail in these posts:
https://investorshangout.com/post/view?id=6634108
https://investorshangout.com/post/view?id=6634259
The share structure was updated on September 12 - again with no change.
There has now been no change to the Unrestricted O/S in 351 days - thereby showing that there has been no conversion of the shares owned by the CEO of Deep Power, Inc which - IMO - he will either keep to trade much higher once the $SFLM deals are down or $SFLM will buy the debt back before interest is due in June 2024.
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.
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