Home Financial Markets Penny Stocks What Made SFLMaven (SKDI) Stock So Hot On Wednesday?

What Made SFLMaven (SKDI) Stock So Hot On Wednesday?

At close on Wednesday, the Sun Kissed Industries Inc (OTCPink: SKDI) stock experienced a strong increase of 41.18 per cent to $0.0120. There were 365.01M shares of Sun Kissed Industries stock traded on the day, as opposed to 80.69M shares on the Average Weekly Volume. Sun Kissed Industries reported record sales for the last week, which have led to a surge in SKDI stock in the last session.

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How SKDI made the record revenues?


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Sun Kissed Industries now doing business as SFLMaven, is a provider of high-end luxury goods destined for some of the world’s most discerning clients. Sales at SKDI have exceeded $130 million since its inception in 2003. The SFLMaven is currently the top-rated seller on Ebay for its famous “Thursday Night Auction” events. More than 98,000 customers on its Ebay sales platform have provided positive feedbacks to SKDI.

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Sun Kissed Industries announced a strong sales week, which culminated in another big “Famous Thursday Night Auction.” SFLMaven booked aggregate gross sales of $257,000 during the week ended March 18th. Some $230k of those sales was from SKDI’s Thursday Night Auction event.

The new sales momentum for the SKDI is already beginning to kick in, and this week’s top figures set new weekly revenue records. Among the auction’s highlights were sales of natural coral cocktail rings sold for $3,926 and a Tahitian pearl ring set with diamonds from an Angela Cummings collection for $3,935.

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Does the record-breaking event make a point?

Thursday Night Auctions events of Sun Kissed Industries (SKDI) have gained importance over the past few months due to improved economic conditions. The most recent SKDI auction was particularly successful since it provided a unique opportunity to gain extensive knowledge into the expanded international market of luxury goods.

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