Short Summary - December 21. A satisfactory sta
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Posted On: 12/21/2023 4:21:56 PM
Short Summary - December 21.
A satisfactory status quo day for $SFLM with .0006 ask the only price for anyone wanting to add 10M > 20M to their inventory for trading much higher later as developments play out throughout 2024.
Opened with 21.8M left at .0006 - down 5M from the close yesterday.
When people failed to hit the ask at .0006, a scammer added back on 5M to make 26.2M total.
Subsequently, someone painted down at .0005 and created a walked down ask at .0005 of 3.3M.
This was subsequently taken out - including a buy of 3.1M - and the .0006s restarted with 21M left.
Peak bid through to the close was 89M .0004 + 2.6M .0005.
Overall, 1 1.5M was traded - at .0005 + .0006.
Traders need to note that every 1M sold at .0006 instead of .01 is throwing away $9.4K in profit and throwing away $19.4K 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 17, 2023 here:
https://investorshangout.com/post/view?id=6654631
Latest Overview - updated December 3, 2023 - here:
https://investorshangout.com/post/view?id=6649347
There are now only 5 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.
A satisfactory status quo day for $SFLM with .0006 ask the only price for anyone wanting to add 10M > 20M to their inventory for trading much higher later as developments play out throughout 2024.
Opened with 21.8M left at .0006 - down 5M from the close yesterday.
When people failed to hit the ask at .0006, a scammer added back on 5M to make 26.2M total.
Subsequently, someone painted down at .0005 and created a walked down ask at .0005 of 3.3M.
This was subsequently taken out - including a buy of 3.1M - and the .0006s restarted with 21M left.
Peak bid through to the close was 89M .0004 + 2.6M .0005.
Overall, 1 1.5M was traded - at .0005 + .0006.
Traders need to note that every 1M sold at .0006 instead of .01 is throwing away $9.4K in profit and throwing away $19.4K 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 17, 2023 here:
https://investorshangout.com/post/view?id=6654631
Latest Overview - updated December 3, 2023 - here:
https://investorshangout.com/post/view?id=6649347
There are now only 5 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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