Short Summary - November 14.
Another satisfactory status quo day
for $SFLM at .0008 ask.
At the open
there was a 2.4M paint down at .0007
from an order placed before the open.
Then a few small holders panicked trading 10M on the bid.
During the remainder of the day, the bid was topped at .0007 continually
by small amounts around 2M enabling about another 8M to be bought.
Then a scammer tried putting 550K on a walking down ask at .0007
but this was taken out in the closing seconds
at 15:59:39 getting the .0008 ask back up.
Bid at .0006 peaked at 69.6M
- $41.76K - probably sufficient to take out .0007 > .0012
or perhaps even .0015. Only 165K could be bought by bidders from 4 x small paint down attempts.
Some of those
bid funds were subsequently used to do buys at .0007
at .0006 by the close.
was traded - merely representing that number of shares changing hands between
the impatient and those looking to increase their inventory for trading much higher
later in 2023/4.
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 378 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:
- updated November 5, 2023 - here: