Short Summary - October 25. An excellent day fo
Post# of 7023
An excellent day for $SFLM - as expected after the $SFLM X account was completely revised after the close yesterday as follows:
- New logo.
- New description / bio: "Private Equity in public markets. We bring value, experience, and acquisitions that add value to our company and shareholders."
- Location updated: Utah.
https://twitter.com/SFLMaven
Prior to the open, left over asks at .0019 were cancelled.
At the open, it gapped up to .0020 and also had a small paint down at .0019 from orders placed before the open.
Thereafter, it moved relatively easily to a hod of .0025 - as reported contemporaneously in earlier posts - with very little being offered at each price point.
During the final 2 hours, a few low-level flip morons kept undercutting the hod with mickey mouse walked down asks as low as .0021. Mostly they were taken out by more serious traders adding to their inventory for trading much higher later.
$SFLM remained relatively thin to .0040+ all day.
Closed with 975K left on walked down ask at .0022.
Overall, 53M was traded - the vast majority to ask buyers.
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 .0025 instead of .01 is throwing away $7.5K in profit and throwing away $17.5K 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 358 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.
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.