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Lack of credibility due to Facebook pumping that turned out to be Facebook lies.
Management has lost the confidence of the market place and it is proven by the sharp decline in share price and the total lack of buying interest.
The pump is over and the only people who still promote SHMP are the bagholders
Bill Williams and the other management can simply not be trusted to follow through on their plans and intentions. They have proven this and it is a major reason for the rapid decline in share price.
The market does not trust SHMP
Peter Letizia and his facebook fluff is not going to help this stock.
Still no news. Dishonest management comments?
Chart looks bad forr SHMP. Decline continues
Peter also posted many times that a harvest report would be issued by Feb 28 so i guess we can't trust what he puts on facebook
Fact: A harvest report was promised by Feb 28th and the company failed to deliver on that promise. Stock has been going down since that management mistake. It deserves to go even lower.
The market does not like dishonest management
Reading facebook postings from Peter is not DD. Lol
Still no harvest report news. Company is dishonest
SHMP gave the current chef more free shares so maybe they consider this a “new hire” ?
You know the chef is not getting a real pay check. He will be out there pumping this stock to cash out his free shares
Useless news today. Let us see how the market responds to this.
Bagholders gonna bag hold
Lol @ todays news. Pathetic and unimportant announcement. Is this all the company has to offer for updates?
Classic FOMO
This stock gets pumped up once a year. Next promotion is scheduled for Dec 2019 but the stock will likely have fallen below .10 by then.
That is a long time to hold an OTC penny stock when every experienced investor knows that OTC stocks are usually trash, not meant to be held
Exactly. Nobody is accumulating shares based upon the volume.
Only buyers are small-time forever long bagholders putting in an additional $350 at a time
You must be willing to take a 5-8% gain and not fall victim to FOMO on the news that might never come
Still no news. Nothing.
Flipping is fun when you know there is a group of Never-Sell-Baggies that you can trade around. Low volume makes it “less easy” but still easy
Bagholders are not making any money. At least they can tell themselves how patient they are, but they aren’t making cash like the flippers.
Make money, don’t be prideful in stubbornness
He posted facebook photos of friends and family going out to dinner multiple times. Did SHMP shareholders pay for all that partying?
It is not good management that would post photos of themselves partying it up on the shareholders dime.
Pete named himself “The Godfather” at the New Orleans convention and his facebook SHMP followers love it.
It would be funny if it weren’t people’s real money involved in this scheme. Forever-Longs are going to experience a sad ending in SHMP
Pete has no credibility. Nobody believes him when he says they have Copper Bottom deals.
He can say anything he wants on facebook, means less than nothing to the investing community. Meant to excite bagholders into not selling
Goal post keeps moving. Pump is over. no buying volume
Hype is over until next Dec/Jan when they will try to do another pump of share price.
Notice the steep decline in volume?
Only bagholders are left
How low tomorrow if failure to file today?
Yes. Never, ever hold an OTC penny stock. Almost all of them are garbage companies with 3 or 4 employees and nothing to sell but shares.
Don’t believe he hype, make money instead.
Never fall in love with an OTC penny stock. Never
100% correct. Management put out the lame story that they needed to be at the conference for meeting. Can’t do business via tele-conference? Lol
Pete even said he was like The Godfather at his resteraunt table.
Who believes this garbage?
Good summary but another, more simple way to put it is like this:
“Traders made huge gains, took profits, and are waiting to see if there will be another opportunity in this penny stock. Forever longs are bagholding with no real profits and are hoping”
Which would you rather be?
We can’t really believe what management says, they lost all credibility with the harvest report fiasco.
Anyone can say anything, especially on Facebook.
Pump-n-dump?
No news that bagholders have said was coming “any day” for the last 2 months. Lol
Still no news, harvest report, or anything else that management said was coming “any time”
Low volume shows the lack of interest in this penny stock
No buying interest.
Moving lower on pathetic volume.
Bagholders trapped?
I appreciate the $5 penny stock dreamers and their friends, the forever longs. it gives me something to trade around because you know EXACTLY what the bagholding dreamers are going to do in any given situation.
I like to make profits, not collect shares of penny stock OTC companies.
What is the market cap at $5 a share? Lol lol.
The mythical creature called “Penny Stock Shorter” is always responsible whenever SHMP goes down.
When it goes up, it is because this is the greatest stock on the planet and Whales are accumulating.
Bagholder logic is peculiar
Really? You don’t see the similarity?
You asked why people keep asking questions over and over that are not favorable to SHMP and I pointed out that it is no different than repeatedly posting the same fluff that people pull off facebook.
The fluff is “positive” and the questions are “negative”
I don’t care if it tumbles or gets pumped up again but I’d like to get out of my flipper position before it happens
Why keep repeating fake news from facebook put out by Peter?