Short Summary - November 1. 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 584K left at .0014 after the .0015s were almost gone yesterday with only 2.7M left.
People failed to hit the ask aggressively enough at the open to take out .0014 + .0015 so scammers / manipulators / shorters played the games covered in earlier contemporaneous posts.
Thereafter the bid peaked at 26M at .0011 - up from 24M at .0010 yesterday - probably sufficient to take out .0012 > .0018 but people again failed to hit the ask so scammers kept undercutting the ask at .0012 and stacking .0013 to a peak of 14M.
Many of the former bidders at .0011 bought on the ask at .0012 + .0013 by the close.
Was going to close at .0013 until a scammer painted down by over whacking the bid with 15 seconds to go.
Overall, 41.6M was traded - the majority at .0012 + .0013.
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 .0012 instead of .01 is throwing away $8.8K in profit and t hrowing away $18.8K at .02!
The share structure was updated on November 1 - again with no change.
There has now been no change to the Unrestricted O/S in 365 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.