Short Summary - December 1. A less than ideal d
Post# of 6939
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A less than ideal day for $SFLM for the following reasons:
- Opened with 23M initially left at .0008 then 5M added by scammer via CSTI when ask not hit immediately from an order placed before the open - making 28M - same as at close yesterday.
- Some of the top traders of $SFLM then diverted across to $APRU as it started to breakout towards .0067 from .0018 - .0027 so far.
- With people failing to hit the ask at .0008 hard enough, scammers first walked 5M then 15M down to .0007 and at least two small holders traded 15M + 5M at .0006 for a loss.
- Bid at .0006 peaked at 62M - same as yesterday - then topped up after buys to 29.8M through to the close.
- 16.5M stacked at .0007 at the close.
Overall, 26M traded - 1.3M at .0008 + 3.3M at .0007 + 21.4M at .0006.
Traders need to note that every 1M sold at .0007 instead of .01 is throwing away $9.3K in profit and throwing away $19.3K at .02!
The share structure was updated on November 27 - again with no change.
There has now been no change to the Unrestricted O/S in 395 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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