Short Summary - November 8. A less than ideal d
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Posted On: 11/08/2023 4:13:16 PM
Short Summary - November 8.
A less than ideal day for $SFLM with the usual games ensuing when people yet again failed to hit the ask aggressively enough at .0010 at the open.
There had been 24M stacked at .0010 - way too much - so manipulators walked down at least 9M to .0009 and when that wasn't hit also kept painting down to the .0008 bid.
When the .0008 bid got down from 50M to 20M someone was duped to sell for a loss to the bidder(s).
Thereafter, the same happened at .0007 starting with a 10M causing a few other small holders to panic.
The .0006 bid was never reached but at least 51M was there with 1 x MM still to move down.
Almost immediately, there were at least 3 x more bidders on different MMs at .0007 for a total of 5.6M.
For those staying on $SFLM for the remainder of 2023 into 2024, 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.
Overall, 67M was traded - almost equally split at each of .0007 / .0008 / .0009.
Traders need to note that every 1M sold at .0008 instead of .01 is throwing away $9.2K in profit and throwing away $19.2K 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 372 days - thereby showing that t here 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
A less than ideal day for $SFLM with the usual games ensuing when people yet again failed to hit the ask aggressively enough at .0010 at the open.
There had been 24M stacked at .0010 - way too much - so manipulators walked down at least 9M to .0009 and when that wasn't hit also kept painting down to the .0008 bid.
When the .0008 bid got down from 50M to 20M someone was duped to sell for a loss to the bidder(s).
Thereafter, the same happened at .0007 starting with a 10M causing a few other small holders to panic.
The .0006 bid was never reached but at least 51M was there with 1 x MM still to move down.
Almost immediately, there were at least 3 x more bidders on different MMs at .0007 for a total of 5.6M.
For those staying on $SFLM for the remainder of 2023 into 2024, 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.
Overall, 67M was traded - almost equally split at each of .0007 / .0008 / .0009.
Traders need to note that every 1M sold at .0008 instead of .01 is throwing away $9.2K in profit and throwing away $19.2K 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 372 days - thereby showing that t here 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
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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