Short Summary - January 5 A less than ideal day

Short Summary - January 5

A less than ideal day for $SFLM with a low level flipper getting 34.5M at .0003 and stacking it in addition to 8M already walked down to .0004. This is what happens when people fail to hit the ask at .0005 when there was only 24M left there.

Key points today:

- Opened with 4.9M left on walked down ask at .0004 - down 4M since the close yesterday - x 239.5M bid at .0003 - $72K - probably sufficient to take out .0004 > .0010+ when applied to the ask

- Bid increased to a peak of 240M at .0003 - $72K.

- 2.63M bought on the walked down ask at .0004.

- Scammer added back the 4M at .0004 cancelled after the close yesterday.

- 34.5M bought on the bid at .0003 and put on the ask at .0004.

- Another likely MM > MM trade of 50M at .0003 that did not go to retail bidders as the bid did not count down further.

- Bid topped up from 198M low of day to 219.8M by the close.

- 41.9M remaining on the ask at the close after a 999,999 buy.

- Overall, 89.6M traded - of which likely only 39.6M was retail.

Traders need to note that every 1M sold at .0004 instead of .01 is throwing away $9.6K in profit and throwing away $19.6K at .02!

The share structure was updated on January 3, 2024 - see analysis here:

https://investorshangout.com/post/view?id=6659525

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 anytime now.

"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.