Short Summary - December 27. A satisfactory sta
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Posted On: 12/27/2023 4:12:42 PM
Short Summary - December 27.
A satisfactory status quo day for for $SFLM at .0005 ask.
Opened with 45.3M at .0005 - down 0.9M with stacked day trades via ETRF & VIRT not put back up this morning - other MM totals the same as at close
.0004 bid maintained all day - above the .0003 bid which was 170M when last visible from all MMs momentarily last week..
Only a total of 1.79M could be bought on the bid at .0004 from 5 x insignificant paint downs as small as 82K and 135K was bought on the ask.
Closed with the 46.2M from yesterday back on the ask at .0005.
Overall, 1.9M 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 10 Billion > 50 Billion on each update - which is why $SFLM is still very "thin" by comparison.
List of traders on $SFLM as at December 24, 2023 here:
https://investorshangout.com/post/view?id=6656907
Latest Overview - updated December 22, 2023 - here:
https://investorshangout.com/post/view?id=6656729
There are now only 2 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.
IMO we may well see those who secured the bulk of .0004s + .0005s getting a move going from January 2.
Here's just one example of a significant chartist trader with a new room and membership of 840 already in a few days who likes current prices as a bottom entry and also noted the recent run of 480% in October:
https://twitter.com/Hannahadad8890/status/173...7550687493
A satisfactory status quo day for for $SFLM at .0005 ask.
Opened with 45.3M at .0005 - down 0.9M with stacked day trades via ETRF & VIRT not put back up this morning - other MM totals the same as at close
.0004 bid maintained all day - above the .0003 bid which was 170M when last visible from all MMs momentarily last week..
Only a total of 1.79M could be bought on the bid at .0004 from 5 x insignificant paint downs as small as 82K and 135K was bought on the ask.
Closed with the 46.2M from yesterday back on the ask at .0005.
Overall, 1.9M 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 10 Billion > 50 Billion on each update - which is why $SFLM is still very "thin" by comparison.
List of traders on $SFLM as at December 24, 2023 here:
https://investorshangout.com/post/view?id=6656907
Latest Overview - updated December 22, 2023 - here:
https://investorshangout.com/post/view?id=6656729
There are now only 2 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.
IMO we may well see those who secured the bulk of .0004s + .0005s getting a move going from January 2.
Here's just one example of a significant chartist trader with a new room and membership of 840 already in a few days who likes current prices as a bottom entry and also noted the recent run of 480% in October:
https://twitter.com/Hannahadad8890/status/173...7550687493
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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.