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Re: None

Wednesday, 05/05/2021 10:33:23 AM

Wednesday, May 05, 2021 10:33:23 AM

Post# of 95789
A couple post about dumping shares with zero proof. Their agrument is simple, look at the price! That’s an oversimplification of how pps work. Again, this essentially a new company since October/November. The company ran from .003 to .02 from November to the end of March. That’s hundreds of percent(I believe 500 at a point). What blunted the run? Well several things that I can see. The most obvious is no stock ever goes straight up without coming back down eventually. Sometimes that can be a 66 percent retracement. The sell off happened at the ticker change from skdi to sflm. That’s not unusual.

Now the CEO owns 300m common shares which accounts for a very large controlling portion. Are they saying he’s selling, therefore diluting his ownership this early into his company going public? If not him who’s “dumping”?

What I see is the MM’s like the 69 price. If you watch the price action there are massive buys around that area, mean the float is being eating up. If you don’t understand how MM’s work education yourself by using the internet.

A very very strong support is being built up at this level. The stock is essentially flat(actually up 3 percent the past 5 days). The technicals such as the stoch, macd and rsi point to a run coming soon.