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Either way, I don’t let a couple dollars in commission become a factor in how I trade. If anyone does, they should save up until those few dollars don’t matter.
If commission costs are a major factor in how you invest........you are either with the wrong broker or you are only trading $125 position.
Seriously? You said saving on commission costs is a good reason to just buy-n-hold? Lol
Mickey Mouse operation. OTC stock. 4 employees. No revenue in 18 years
If I had a shmp share for everyday that statement was made........I’d be a majority share holder
Sure.....$1 any day now. Lol
Very little buying interest. bagholders bagholding so not much selling until the dilution kicks in.
I’d like to buy and flip this but with low volume I am worried about getting stuck with shares and not being able to sell into a liquid market.
Need volume
Excellent! No news!
Means we can all by more as the price will keep going lower.
Thanks for the great information
I’m still waiting for the harvest report they promised to deliver by the end of February
17s are here
Pump started below .02 and nothing has changed to make the company any more valuable since then.
Could go back to below .05 easily
Bagholding is for Blue-Chips. Not OTC penny stocks like sHMP
Lack off volume buying tells the truth. Can’t spin it away.
If they had any good deals coming, you would know already based upon volume. Insiders would never do anything illegal of course, but sometimes friends/family will get a “hint” and buy hand-over-fist.
SHMP has no good deals coming
The Titanic
SHMP is sinking
Great decision.
Slow bleed continues.
17s are coming. Longs will be able to celebrate another buying opportunity.
Hey longs, you are losing money but at least you can add to your bag of shares!
Can’t have faith in management that deceives its shareholders.
Where is the harvest report?
Where is the press that was going to be invited to witness the harvest?
Where is news from the conferences?
There is more........but the pattern is clear with just those few examples
Time period to disclose any substantial events from the 2 trade shows has passed. SEC rules would require them to publicly disclose anything if they had it.
So, I guess they have nothing to report
I agree. That is why I had intended to hold onto most of my free shares.
I saw another opportunity that was time sensitive and took my SHMP profits there.
The problem I had waiting for the next pump is that it might come when the share price is at .05 and only pump it up to .20
Good luck
Volume is also dropping. I’ll not let myself get trapped into bagholding a declining share price with declining volume. That is a terrible combination.
Becoming crystal clear this was pumped
I sold more today. Was planning on holding those free shares till next year, but I don’t like what I see with SHMP management.
Might still try to flip this for 5-10% day trades. Might just watch. Need volume to flip.
Lost Opportunity Cost by letting cash sit in a bad trade.
Simply because a person refuses to sell and take a loss, does not mean they aren’t losing
You ever want to believe something is true so bad that it messes with your good judgement?
This is what I see with many SHMP longs.
Stocks don’t normally crash lower when great news is known to be coming within 3 weeks
Somebody is sniffing the Hopium
Going to end Red again today.
Great buying opportunity for bagholders to average down?
Exactly. The same posters who say “Don’t sell now or you’ll miss out” were saying that when it was @ .95
“Don’t sell @ .95 or you will miss the run to $10”
They use FOMO to trick people into bagholding. Bagholding is a terrible way to invest.
Conspiracy theorists are funny
Survival rate for SHMP process is unknown and unaudited by a 3rd party. The company said they were going to let a 3rd party provide the harvest results but that turned out to be an untrue statement.
Do you base the 90% rate on Facebook comments or from a PR shill?
Need to dilute shares, buy another tank, PR the purchase of the tank, put random fluff on Facebook, then conduct a 9 month study on how long you can keep shrimp alive until they become so rubbery they bounce when you throw them on the floor.
SHMP is still a pre-revenue research company. They are scientists
Lol @ your SEC comment.
I’m sure they will jump right to it as soon as you contact them hahahahah
Will they be investigating the pumpers?
The shrimp are old and rubbery. People don’t want old rubber shrimp.
Grow them fast, harvest them, and eat tender shrimp.
No money to be made in fat, old rubber shrimp
On blue-chips I’ll average down but I was never in favor of averaging down on OTC penny stocks. Far too dangerous and unpredictable. Most OTC stocks are driven by rumors and momentum. Without momentum, they keep falling until they don’t.
Right now, this is a falling knife.
Buy-n-Hold is not working as the price steadily declines. I made some good cash flipping it twice yesterday.
Hopefully the volume will increase and not all the bagholders will sell at the same time so I can o it again today or tomorrow.
The game is to make money, not baghold
The pump scam started in Jan when the share price was also less than .02
Nothing has changed with this company to justify an increase from .02 except a well executed pump followed by the current “slow dump”
The patent was known for weeks without a large increase in share price. Then the paid promoters started their scamming games to increase the share price. I’d guess early Jan is when friends/family of insiders started buying. Most already sold for big profits leaving bagholders...holding the bag
It looks like insider’s friends/family are selling.
Less than 2 cents. What has changed with SHMP since the first half of Jan when the stock consistently traded below .02?
The patent was awarded in December and widely announced but the stock did not begin to increase above .02 until days of heavy promotion and Peter L posting non-stop of facebook about things that did not happen.
This company is fundamentally the same company (minus the promised HR) as it was in January so why should it be any more valuable than .02?
How to lose friends quickly?
Start telling them a few weeks ago that they should be buying SHMP stock ASAP
I would never recommend any penny OTC stock to a friend or family member, even though I own some.
Flipped this twice already today. Feels good to make money.
5% profit and then 7% profit. Total hold time for both trades was less than 2 hours
Bagholding is not fun. I feel pity for those holding on and hoping someday maybe they will get news that makes them rich. Making money takes effort, dreaming is not effort
This is the OTC. Nobody is going to chase down a chef who got a few $ of free shares and in return made some nice comments.
Happens all the time in the OTC. The SEC has much bigger fish to catch. Scammy OTC stock insiders know this and that is why they choose to pull their scams here, and not on Blue Chips.
Hate the game, not the player
I had a large number of free shares I was intending to ride till next year to avoid the short-term tax hit but as I thought about it more, it is foolish to watch the stock go down 50% just to save 10% in taxes.
This stock is in serious trouble of going below .10 soon
Why is SHMP afraid to release the survival rate?