Short Summary - December 13. A satisfactory sta
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Posted On: 12/13/2023 4:23:08 PM
Short Summary - December 13.
A satisfactory status quo day for $SFLM with .0005 ask for anyone wanting to add 10M > 20M to their inventory for trading much higher later as developments play out throughout 2024.
Opened 65.8M .0004 x 20.9M .0005.
4M was bought on the ask at .0005 by former bidders.
Bid at .0004 was topped up and increased incrementally to 92.6M.
Only about 1M could be bought on the bid at .0004 from 4 x insignificant paint downs as small as 11,435 shares.
Closed 92.6M .0004 x 21.7M .0005.
Overall, 5M traded - mostly at .0005.
Traders need to note that every 1M sold at .0005 instead of .01 is throwing away $9.5K in profit and throwing away $19.5K at .02!
The share structure was updated on December 12 - after no change for 405 days, an insignificant 112M was added to the Unrestricted Outstanding Shares. For context, 208M shares were traded in the period between the previous update on November 27 and December 12 - 185% of the increase. Some OTC tickers are adding 5 Billion on each update - which is why $SFLM is still very "thin" by comparison.
List of traders on $SFLM as at December 3, 2023 here:
https://investorshangout.com/post/view?id=6649361
Latest Overview - updated December 3, 2023 - here:
https://investorshangout.com/post/view?id=6649347
A satisfactory status quo day for $SFLM with .0005 ask for anyone wanting to add 10M > 20M to their inventory for trading much higher later as developments play out throughout 2024.
Opened 65.8M .0004 x 20.9M .0005.
4M was bought on the ask at .0005 by former bidders.
Bid at .0004 was topped up and increased incrementally to 92.6M.
Only about 1M could be bought on the bid at .0004 from 4 x insignificant paint downs as small as 11,435 shares.
Closed 92.6M .0004 x 21.7M .0005.
Overall, 5M traded - mostly at .0005.
Traders need to note that every 1M sold at .0005 instead of .01 is throwing away $9.5K in profit and throwing away $19.5K at .02!
The share structure was updated on December 12 - after no change for 405 days, an insignificant 112M was added to the Unrestricted Outstanding Shares. For context, 208M shares were traded in the period between the previous update on November 27 and December 12 - 185% of the increase. Some OTC tickers are adding 5 Billion on each update - which is why $SFLM is still very "thin" by comparison.
List of traders on $SFLM as at December 3, 2023 here:
https://investorshangout.com/post/view?id=6649361
Latest Overview - updated December 3, 2023 - here:
https://investorshangout.com/post/view?id=6649347
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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.