Short Summary - October 31. Trading today again
Post# of 7022
Trading today again provided an ideal opportunity for the main traders of $SFLM to add to their inventory of shares at a variety of price points for trading much higher later when developments such as a series of acquisitions and a probably name change + ticker change take place in due course.
Opened with a walked down ask of 8M at .0011 and a paint down of just 1M at .0010.
Thereafter, bid peaked at 24M at .0010 and .0011 > .0014 was taken out as recorded in earlier contemporaneous posts - with significant buys being 6M at .0012 - and the remainder following in a few seconds and 10M at .0013.
When the .0015s were up, there was only 4M there - showing that $SFLM gets thinner on every uptick after any first ask that gets stacked by amateurs.
Undercut asks of less than 2M at .0014 were taken out twice - with just 2.7M left at .0015 - and just 381K left at the close - which may get cancelled before the open.
Throughout the day, stubborn bidders got left behind at every level .0010 > .0013.
Overall, 92M was traded - closing 27% up from the opening ask of .0011 - or really 36% up at .0015 considering there is almost nothing at .0014.
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 .0015 instead of .01 is throwing away $8.5K in profit and throwing away $18.5K 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 364 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 - updated October 26, 2023 - here:
https://investorshangout.com/post/view?id=6637606
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.