Trading Summary - October 6. News before the op
Post# of 6742
News before the open was northing new to followers of this board where the September sales results were already known.
OTC market top traders who already have most of the $SFLM shares they need in the current band .0040>.0050 were busy elsewhere on multiple movers / reloaders from the Watch List - primarily on $GTEH $PRPM - both of which started moving off the recent bottom on huge loading on October 4 - and on $PSRU $ENZC $INCC $INQD.
On $SFLM, new interest moved the price rapidly to .0052 at the open then - with people failing to hit the ask aggressively enough - the known scammer who tries to hold back runs used the usual stacked walked down ask trick and nonsense posting on an amateur forum to try to upe people to sell and / or not buy.
From .0043 up, serious traders bought out his 3M+ ask and various small asks to get .0047 back up by the close. As reported contemporaneusly in earlier posts, these included buys up to 1.5M at a time ($7K+).
Overall on $SFLM, longs and new interest bought another 30.4M shares at bottom prices in the higher range .0042 > .0052 - compared to .0042 > .0049 on October 5 and .0040 to .0045 on October 4.
Since the loading at bottom prices total was restarted after the last run, 137.5M shares have been bought up to .0052 in 11 trading days September 22 - October 6.
New interest traders / alerters + long-term traders with significant followings as at October 2 numbered at least 59 - up 10 in the previous 7 days - and I'll be updating this going forward.
https://investorshangout.com/post/view?id=6254224
Particular points they like are:
- Real revenue of $11.5M per year.
- Low Unrestricted O/S of 793M.
- How thin it is into the .01 > .02 range.
On the next run over .01, the degree to which $SFLM penetrates up towards .02+ will depend on how many of these new followers take profits above .01.
Either way, longs who follow my strategy will be keeping the core holding for the OTCQB uplisting - which will require sustaining prices above a .01 bid - and also some for when all 9 elements reach the same revenue level anticipated by the CEO.
On September 16, the 9th CEO update video was posted - linked via Twitter - and confirmed by formal PR on September 21.
In essence, 8 x revenue expansion planned for 2022 as explained here:
https://www.otcmarkets.com/stock/SFLM/news/SF...?id=321684
The correct market cap price for the anticipated revenue is .02+ in 2021 but would be in the .076 > .136 range in 2022 if they did manage to get all 9 elements to the performance level of the existing SFLMaven eBay business (plus remember more platforms coming as well).
https://investorshangout.com/post/view?id=6242203
Remember that the price difference between .0050 and .0070 is irrelevant when traded at .01 > .02+ - let alone at .076 > .136.
Every 1M bought at .0050 is worth a $7K profit at .0120, $10K profit at .0150 and $15K profit at .02.
Every 1M bought at .0050 is worth a $71K profit at .076 or $131K profit at .136.
All that matters is who got where - charts are irrelevant - and denying as many shares under .01 as possible to the new interest that will be brought in over the coming days, weeks and months.
Latest DD - updated October 2 - here:
https://investorshangout.com/post/view?id=6254235
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $11.5M+.
$SFLM remains my #1 Top Profit Pick for the whole of 2021 and for me is currently #2 - flip flopping #1 - behind only $ENZC.
It will now also be the #1 or #2 Top Profit Pick for the whole of 2022 (depending on $ENZC developments in the next 3 months).
I will not necessarily be doing a trading summary every day - unless there are undue manipulation attempts - as the ticker is firmly under control and just awaiting the next run into the .01 > .02 range.
All significant posts here get repeated in 7 forums monitored at all times by the top OTC traders. iHub has been deliberated marginalized due to time-wasting nonsense there with all serious interest successfully directed to here over the last several months - with typically 500 > 700+ views per day.
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.