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Sorry you missed those low shares.
Volume hasn't moved much since morning bounce...may rise this afternoon like it did last Monday after a similar bounce from its oversold position.
I think three or four dollars to start, but that's just me.
They had back to back meetings set up weeks in advance, actually (the technology has been followed in the aquaculture trades for the past three years already so everyone knows about it), and we have heard from their f&T partner that there is, subsequent to these expos, a deal(s) in the offing "brass-bottomed," but obviously no one is privy to anything until there's an LOI or deal signed...this silence is a good thing. We could hear today, we could hear in three weeks, their S-1 is now approved, they're installing more electrocoagulation units upon seeing those results, their patent is active as of March 22, just acquired after a long wait a month ago, patent "test" passed by third party as confirming their technology grew shrimp from larval through harvest.
No longs are selling. WE are awaiting first deal announcements.
YOu do realize it takes a while before a company signs a deal, don't you? The NOLA expo and the Boston seafood expo just concluded last week. We are waiting on the announcement of the LOI or signed deal and it is expected a confirmation should occur in the next three weeks give or take.
One can't announce deals in progress with no written agreement. That's how business works.
WE have heard there is a deal (deals) on the table, brass-bottomed, by one of their partners, but that is in an unofficial capacity and until announced it's speculation, but in any case longs aren't selling because we are sure the company is going to expand and make money with its first of its kind technology.
The only reason posts are good or bad is to secure shares in SHMP, which everyone knows is going to make them a ton of money by holding and getting as cheap as possible.
Nah. Sit around and wait and you'll make nothing when the stock booms. Playing the game of "waiting" for the "dust to settle" when the charting has already indicated there has been a bottom in is risking. I keep buying as I"m averaging down and these are good cheapies as far as I'm concerned in the bigger context of where this price will go, do what you wish. I know where I'll be when the next news release comes out.
SHMP has a first of its kind application of electrocoagulation to RAS growing shrimp...no little shrimp farm could afford to take over SHMP because they are a football sized facility that just invested to expand its technology to other tanks with the success of its patent test, and plans to build similar facilities in three other cities...the deals will be with a major supplier(s) and perhaps some licensing of technology...if anything, a major distributor would buyout the license to control their own their own shrimp production, cutting out the middleman and need to import.
SHMP's technology works, the standard biofloc has too much risk in die offs to be counted on. I think this is the best investment since Apple...yet unlike computing software, etc., SHMP'S TECHNOLOGY HAS NO...COMPETITION!
It will have an immediate leap in pps WITH first deals announced, and longterm a good possibiity to rise to 10 - 20 dollars pps.
Shouldn't have sold a huge amount of your shares at a loss bro. That's why you hold and average down. I picked up more in the .19s today very happy. Hold in the .20s, .30s, .40s, .50s. All good when this company has its first good deals announced...the fact that it spiked to almost a dollar on the rumor of the patent test finished a few weeks ago is an indication of what is to come with real news announced now that they have their patent secured. ACTIVE MARCH 22ND in fact.
It's bounced off .18-.22 on its low for the last couple of weeks because longs are holding. Always for sure on Mondays...and we are looking to one day to less than three weeks from now that an announcement of first deals sends this stock soaring. Not a time to sell...time to buy in the teens and twenties and thirties.
TY SHORTS picked up 2000 more SHARES!
SHMP has a fish tank facility the size of a football stadium.
Great day to pick up shares!
days and weeks, not more than 3 for the big news at this point. On the other hand, news could hit end of day, Monday, next Monday HARD TO TELL.
Not moving much. It's Friday. Typical low volume.
Great buying day last dips should be during lunch hour starting at 11
Tomorrow may be last day before a major announcement next week. If you're not in it when they do you'll be chasing.
A taste of what's to come when the patent was awarded and their technology successfully raised shrimp in clear, clean water during their test of patent, from larval to harvest, greenlighting right to license technology and their decision to expand use of that technology, the first application of electrocoagulation to an RAS system in raising shrimp.
The price spiked as the test was completing and word got out the viability blew away biofloc (you can confirm that with their pr firm), and SHMP began to actively market their company starting a week and a half ago at the aquaculture convention.
YW...just keep in mind, to give you a little more peace of mind, that unlike CBD companies, which I also jumped in on early, SHMP's patent has no competition. It's the only game in town with this technology. And you might want to look at the volatility of early tech companies like Apple before they caught on, their early pps charts before they broke a dollar. While computers today are used by all, at the time personal computers were slow to catch on...but the production of uncontaminated fish in the coming years will be a necessity, not a desire. Shrimp farming in the mangrove ponds is already creating a serious crisis with our earth ecosystem and contaminated shrimp imports are getting banned. Wild shrimp has huge amounts of plastics found in their gut. Biofloc has a 45 to 75 percent mortality rate, unsolved with improvements. There are many holding shrimp who don't intend to sell until the pps is $10 and there is good reason to believe that is not an unrealistic expectation within a couple of years, however, the expected news of first deals is truly imminent in the meantime.
LOLLLL THAT CHART IS SO FAKE!!!! LOLLLLL BUT THE FUNNIEST THING I'VE SEEN ON THIS FORUM SINCE I FOUND IT!
It always slows to practically no volume during lunch hour after 11:30 am. ALWAYS. And picks up after 2 If things like this are too stressful for a new investor, he or she should avoid the OTC in particular. SHMP has had an average of 7 million volume with it sometimes doubling right at the end of the day, though not always. And be prepared in that same manner for Friday to be extra chill as it usually is.
It could be one day to three weeks before deal news is reported, by the way, so we're going to have a bit of volatility during this time...again, I suggest people average down.
I personally think this is an amazing company and an amazing opportunity it's the first company in the world to devise an RAS system that applied electrocoagulation successfully...a big leap forward for aquaculture that's going to be felt in a big way over the next decade as they expand beyond shrimp, though shrimp remains the biggest selling seafood in the world. I for one will no longer eat shrimp imported from Vietnam or India with what I've been reading and look forward to shrimp produced by Naturalshrimp available throughout the US.
They are installing the additional SHMP patented RAS units on other tanks this week, actually, in preparation of a boost of production. And the description is "brass-bottomed" according to Letezia in regard to ongoing negotiations with third parties since these conferences. A little patience this company is only a week and a half into aggressive marketing to suppliers and partners that are going well. They will release news when things are firmed up, obviously, they can't before. Use this time to average down like I am and accumulate shares because once the news is in you'll never see these prices again and you will be a very happy SHMP owner.
Great buying opportunity still before release of news. I picked up 5000 more shares and hope to pick up 5000 more. Plenty like me...we'll likely rise back to .28 plus this afternoon after this lunch dip.
Great! Buying more!
Strong stock is going to explode with the first company announcement. Great place to start when that happens this week or next.
Everyone knows an announcement is coming and if they're not in it now they can screw themselves.
Holding support, we may go to .30 by end of day and to .40s by Friday. Setting up well for breaking news without any craziness this time.
LOLLLLLLLLLL!!!
testing the .28 support level...once through that we will be in .30s.
Buy on the dip as All-In sells his shares! We're going north.
Buying and holding shares!
.24 realtime.
TY this is the most amazing aspect of their last test run...the high survival rate...heard it was unexpected, but this is a much more detailed description. Unheard of in this industry with the current biofloc systems, even the updated numbers this year.
It showed up after the Aquaculture conference.
Bought another 6,000 shares!!
SHMP went green today...likely dip and green tomorrow as well.
Yes, and to add to why they'll have to use NS technology is that they HAVE been going out of business...because of biofloc costs and the fact that 45 to 75 percent of their shrimp die off, and do so with greater density as well.
NS is offering the first hope of a sustainable RAS technology.
Period.
And everyone knows it.
Oh noooooo where's your .22?
The shorts did their move with the usual 400000 plus buy and pump to move the needle while we wait for the news on deals. Tomorrow morning the usual opposite to get it down more if they're not happy today. Couple of cents up and down and up again and what they got for these efforts is some cig money, while the longs know the real news will sweep past all of this when they're looking the other way. THANKS FOR THE CHEAPIES SHORTS! WE ARE HERE TO BUY THE REST OF YOUR SHARES! OH YEAH look a magic pronouncement it will go past .21 and a second later it blows past it...yeah, very amusing. Do it again!