Short Summary - January 18. A more than satisfa
Post# of 7020
A more than satisfactory status quo day for $SFLM with significant additional loading - mostly at .0004 - despite the best efforts of the basher / scammer group who are suspected of stacking the ask with any .0003s or .0035s they managed to get.
Key points today:
- Prior to the open, the 6.5M walked down ask that had been put at .0004 yesterday just before the close - after the .0005s were already up - was cancelled.
- MMs indicated that they would be willing to open at .0004 x .0005.
- However, when the ask was not hit at .0005 at the open from an order placed before the open, 10M was set for a trade at .0004 - some whacking the bid and the remainder creating a walked down ask again of 7.95M.
- All significant manipulation attempts / trades were reported contemporaneously in earlier posts.
- Peak walked down ask at .0004 was 26.5M.
- Largest single buy in an individual second on ask was 12.5M at 14:53:07.
- In addition there was a 10.9M buy at 14:52:08 and a 6M buy at 12:46:30.
- These 3 buys were all straightforward ask fills with no duplicate figures at .0003 / .00035 - or small paint down elements - that was characteristic of the earlier suspect MM > MM transfers (perhaps old debt > institutional buyers) that did not count down from the bid at .0003 or reduce the ask.
- Peak bid at .0003 - topped up a number of times - was 230M - $69K - of which 211.8M remained at the close after some of the former bid funds were used on the 2 x larger 10M+ buys.
- The $63K on the bid is probably sufficient to take out .0005 > .0010 if applied to the successive asks rapidly - particularly on any day when the next ask is taken by orders placed before the open.
- When all retail MMs were visible at .0005, the total there was 33.9M - only 1.9M above yesterday's estimate despite another 77.5M being bought lower today.
- Closed 211.8M .0003 x 5.29M .0004 then 33.9M .0005.
- Overall, 77.5M traded - the majority 64.35M at .0004, 287,950 miscellaneous small paint downs at .00035 and 12.9M at .0003 (mostly exact duplicates of a few 3M+ trades at .0004 in the same second).
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 16, 2024 - analysis here:
https://investorshangout.com/post/view?id=6663686
List of traders on $SFLM as at January 7, 2024 here:
https://investorshangout.com/post/view?id=6660834
Latest Overview - updated January 7, 2024 - here:
https://investorshangout.com/post/view?id=6660850
A new group of 4 posters on 'X' are now on $SFLM and represent a new social media group of traders with 80.5K members.
IMO we may well see those who secured the bulk of .0004s + .0005s getting a move going anytime now.
I
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.