Short Summary - December 15. Another satisfacto
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Posted On: 12/15/2023 4:20:45 PM
Short Summary - December 15.
Another satisfactory status quo day for $SFLM with .0005 ask for anyone wanting to add 5M > 20M to their inventory for trading much higher later as developments play out throughout 2024.
Opened 74.5M .0004 x 23M .0005 with no paint down attempts from orders placed before the open.
Scammer(s) added 1M+ to the ask to make a peak of 24.7M at .0005.
4.9M was bought on the ask at .0005 - leaving 19.4M by the close.
Only 4.6M could be bought on the bid at .0004 from 8 x paint downs as small as 4288 shares.
The bid was topped up to a peak of 79.5M and 77.5M remained at the close - 3M up on the open.
Closed 77.5M .0004 x 19.4M .0005.
Overall, 9.5M was traded.
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
There are now only 9 more trading days left in 2023 to get through during which impatient people who haven't bought any in the last 30 days might sell for a tax loss (the loss won't count if they bought within the last 30 days) and they would be foolish to do that as they then couldn't buy back within 30 days without losing the loss.
Another satisfactory status quo day for $SFLM with .0005 ask for anyone wanting to add 5M > 20M to their inventory for trading much higher later as developments play out throughout 2024.
Opened 74.5M .0004 x 23M .0005 with no paint down attempts from orders placed before the open.
Scammer(s) added 1M+ to the ask to make a peak of 24.7M at .0005.
4.9M was bought on the ask at .0005 - leaving 19.4M by the close.
Only 4.6M could be bought on the bid at .0004 from 8 x paint downs as small as 4288 shares.
The bid was topped up to a peak of 79.5M and 77.5M remained at the close - 3M up on the open.
Closed 77.5M .0004 x 19.4M .0005.
Overall, 9.5M was traded.
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
There are now only 9 more trading days left in 2023 to get through during which impatient people who haven't bought any in the last 30 days might sell for a tax loss (the loss won't count if they bought within the last 30 days) and they would be foolish to do that as they then couldn't buy back within 30 days without losing the loss.
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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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