Short Summary - November 14. Another satisfacto
Post# of 7110
(Total Views: 114)
Posted On: 11/14/2023 4:14:52 PM
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 leaving 63M+ at .0006 by the close.
Overall, 23.5M 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:
https://investorshangout.com/post/view?id=6640648
Latest Overview - updated November 5, 2023 - here:
https://investorshangout.com/post/view?id=6640891
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 leaving 63M+ at .0006 by the close.
Overall, 23.5M 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:
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.