Trading Summary - October 26. Another satisfact
Post# of 6739
Another satisfactory status quo day for $SFLM - with traders who already have most of the $SFLM shares they need in the current band .0040>.0052 busy elsewhere and recent new interest adding at any price they expect to make money on in future - both by bidding and by hitting walked down asks.
Overall, longs and new interest bought another 5.9M shares at bottom prices in the same range under .0052.
Since the loading at bottom prices total was restarted after the last run, 316.2M shares have been bought up to .0052 in 25 trading days September 22 - October 26 - 37.8% of the low Unrestricted Outstanding Shares count.
New interest traders / alerters + long-term traders with significant followings as at October 24 numbered at least 98 - up 13 in the previous 7 days. List here:
https://investorshangout.com/post/view?id=6268941
Particular points they like are:
- Real revenue of $11.5M per year.
- Low Unrestricted O/S of 837M.
- 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 their 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. Trading some on every surge allows a larger core to be held on a cost basis that is essentially "free" - already paid for by banked profits.
A PR on September 21 confirmed detail in the 9th CEO video that 8 x revenue expansion was planned for 2022 onwards - 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 .074 > .129 range in f uture years when they manage to get all 9 elements to the performance level of the existing SFLMaven eBay business (plus remember more platforms coming as well).
Remember that the price difference between .0050 and .0070 is irrelevant when traded at .01 > .02+ - let alone at .074 > .129.
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 $69K profit at .074 or $124K profit at .129.
All that matters is who got where - charts are irrelevant - and denying as many shares under .01 as possible to the institutional level new interest that PRs + improving financials + MZ Group though investor symposiums are expected to bring in over the days, weeks and months ahead.
Latest DD - updated October 24 - here:
https://investorshangout.com/post/view?id=6268963
The anticipated revenue in 2021 - based on pro-rata of sales to date - is $11.5M+.
Additional inventory on the 1stDibs store at "BuyItNow" prices total of $336K+.
$SFLM remains my #1 Top Profit Pick for the whole of 2021 and for me is currently #2 - flip flopping #1 - behind only $ENZC - due to the regular periodic surges.
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.
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 - and repeated where interest in "real" companies is known to exist.
Nationwide expansion of the NFT Division continued on October 19 with the sign-up of a second regional based artist. An update today was posted earlier.
There are now only a maximum of 13 trading days before the 2021 Q3 is due to be filed - when we should get a good feel for when cash flow is likely to flip positive - bearing in mind Q4 is traditionally the best Q each year due to Christmas shopping and supply chain issues in brick and mortar stores forcing more people to consider on-line purchases.
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.