Short Summary - October 24. Another wasted day
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Posted On: 10/24/2023 4:21:35 PM
Short Summary - October 24.
Another wasted day with bashers / scammers / manipulators impeding upward progress all day.
At the open, they tried walking down to get a fill at .0015 by setting an order below the extant bid at .0016.
As reported contemporaneously, they were unsuccessful, the .0016 bid was topped up, walked down asks at .0017 + .0018 taken out, and .0019s started.
Low-level flippers stacked too much - initially 4.6M - at .0019 for it all to be taken out by the close.
$SFLM remained relatively thin to .0040+ all day.
Closed .0019 - up 9%.
Overall, 21.5M was traded - mostly to ask buyers at .0017 + .0018 to add to their inventory for the next leg towards .01 > .02 range.
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 .0019 instead of .01 is throwing away $8.1K in profit and throwing away $18.1K at .02!
The share structure was updated on September 12 - again with no change.
There has now been no change to the Unrestricted O/S in 357 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 done or $SFLM will buy the debt back before interest is due in June 2024.
Latest Overview here - updated October 19, 2023:
https://investorshangout.com/post/view?id=6634688
Watch out for possible upgrade to OTC Pink Current before every open going forward - particularly now that the Attorney Opinion Letter has been filed.
Another wasted day with bashers / scammers / manipulators impeding upward progress all day.
At the open, they tried walking down to get a fill at .0015 by setting an order below the extant bid at .0016.
As reported contemporaneously, they were unsuccessful, the .0016 bid was topped up, walked down asks at .0017 + .0018 taken out, and .0019s started.
Low-level flippers stacked too much - initially 4.6M - at .0019 for it all to be taken out by the close.
$SFLM remained relatively thin to .0040+ all day.
Closed .0019 - up 9%.
Overall, 21.5M was traded - mostly to ask buyers at .0017 + .0018 to add to their inventory for the next leg towards .01 > .02 range.
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 .0019 instead of .01 is throwing away $8.1K in profit and throwing away $18.1K at .02!
The share structure was updated on September 12 - again with no change.
There has now been no change to the Unrestricted O/S in 357 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 done or $SFLM will buy the debt back before interest is due in June 2024.
Latest Overview here - updated October 19, 2023:
https://investorshangout.com/post/view?id=6634688
Watch out for possible upgrade to OTC Pink Current before every open going forward - particularly now that the Attorney Opinion Letter has been filed.
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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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