Short Summary - December 29. Another more than
Post# of 7024
Another more than satisfactory status quo day for for $SFLM with effectively a .0005 ask moving forward into 2024. Despite the basher / scammers' best efforts, there was no year end sell-off by the impatient for a tax loss into the $54K > $60K bid at .0003.
Opened with 20.3M initially left at .0005 - then 10M added by a scammer - as usual after 1 minute when ask not hit immediately from orders placed before the open - to make 30.8M total - same as at the close yesterday.
All subsequent manipulation attempts and significant buys were reported in earlier contemporaneous posts. In summary, the main takeaway points were:
- Bid at .0003 peaked at 200.5M - highest seen yet - and after some used for buys at .0004 on bid and ask - topped up from low of 168M > 193.3M through to close.
- Bid at .0004 peaked at 14.6M.
- Largest buy at .0004 seen was 10M.
- Walked down bid whacks / asks at .0004 used shares believed to be previously at the ask at .0005.
- Despite about 29M being bought at .0004 on the bid / ask, none had been effectively added to the ask at .0005. I have recorded the breakdown by MM of asks at .0005 to check on Tuesday.
- Overall, 32.7M traded - almost all at .0004.
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
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 850 already in a few days who likes current prices as a bottom entry and also noted the recent run of 480% in October 2023:
https://twitter.com/Hannahadad8890/status/173...7550687493
SFLMaven, Inc. (SFLM) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.