Short Summary - November 2. 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 867K left at .0012 and 21.7M on the bid at .0011..
People failed to hit the ask aggressively enough throughout the day so scammers / manipulators / shorters played the usual games covered in earlier contemporaneous posts.
It was a less than ideal day as a number of duplicate alias bashers turned up and when they duped small holders to sell to them at .0010 they stacked everything they got at .0011.
Peak ask at .0011 was 15M - down to 10M by close after some was suspected of being sold back even to almost wipe out the .0010 bid.
Closed with 2.75M at .0011 when day trades cancelled out after the close.
Overall, 68.5M was traded - the majority at .0010 + .0011.
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 .0010 instead of .01 is throwing away $9K in profit and throwing away $19K 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 366 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.