Short Summary - November 7. 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.
Again, people failed to hit the ask aggressively enough throughout the day so scammers / manipulators / shorters played the usual games covered in earlier contemporaneous posts.
Overall it was a much better day with reversal established, very few people getting .0008s - perhaps 3 - almost all of those flipped at .0009 - .0010 restarted and only 4M more stacked there compared to yesterday - for a peak of 24M - despite 20M being bought at .0009 today.
Walked down ask at .0009 was bought out every time it was attempted
Bid at .0008 peaked at 57M - $45.6K - 4M more than the peak of 53M on November 6 - and 7M above it at .0009 - probably sufficient to take out at least .0010>.0013 when applied to successive asks.
Overall, 31M was traded - the majority at .0009.
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 371 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.
List of traders on $SFLM as at November 3, 2023 here:
https://investorshangout.com/post/view?id=6640648
Latest Overview - updated November 5, 2023 - here:
https://investorshangout.com/post/view?id=6640891
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.