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Lol @ facebook postings on a fan page as news.
That is not DD, that is called facebooking. My 13 yr old daughter does the same thing. Sees something on facebook written by another 13 yr old girl, and she thinks it is “news”
SHMP needs real news. SEC filings and the like
Absolutely false. Why post something that is not true?
We do not know if they have even a single deal.
Do not believe what people put on facebook ( Harvest Report end of feb? )
If no real news before 9:30am today, a reasonable person can easily predict another down week for share price.
The weeks upcoming action:
More former longs will sell at a profit.
Forever longs will continue to promote "Maybe news in April?"
Liars will say "Great! I'm glad it is lower so I can buy more today"
Traders will simply cut losses and move onto the next promoted penny stock without emotion.
Me too. I got in below .02 and have already cashed out profit more that I make in 1 year doing my day job. I'm not a bagholder. I made real money on SHMP.
Where we differ, is I don't feel the need to tell people they must buy now or they miss out. They can buy after news and still make a profit. No reason to buy now because news might never come.
I'm riding free shares with no intention of buying more. I won't pump this, let it go where it goes.
Quite simply, and I'm 100% certain, a buyout is not on the table.
Longs aren't buying enough to off-set all the massive selling. Share price keeps going lower making longs money losing bagholders. Sad
However, we appreciate all that the bagholding longs do and I personally wish you luck on all your penny stock dreams.
Good luck to you!
It is OK to chase.
Smart traders don't try to buy at the low or sell at the high. We will give away 10-20% on either end if it means we are less likely to enter a bad trade.
What is the harm if a trader waits for news? At least then you'll know you have real news. To buy now is to invest in Hopium
Choice A - Buy the hope that news will someday come and its good
Choice B - Pay 20% more AFTER news is released
I'll take choice B every day. Its not like this stock is going to go up 100% before the open.
To answer your last question KanyaTwitty. I do not know.
They have been all over the place with their plans. Especially if you listen to the facebook fluff comments from Peter.
This is why we need real news, or better yet, news with SEC filings.
Of course, both a filing and an official PR from the company can turn out to be misleading. It is just that they are less likely to be misleading as compared to something you read in an obscure publication or from a forum board promoter
Comment from a single chef has been repeated on this board dozens of times.
A chef who owns shares.
Thats it.
The longs say this is independent proof of the shrimp quality.
Sad that people believe this stuff. Hopium springs eternal
Risk is that it goes back to .019 or lower
This is where it was a couple months ago and where it was for many months before that. Until the orchestrated pump began
OTC stocks are know to be pumped higher and then crash right back down as soon as the friends/families of insiders sell shares to Hopium Bagholders.
SHMP is an OTC stock
Exactly. SHMP management is all over the place with their comments and plans.
Gives the impression that they lack a plan and just shoot from the hip.
A recent example is the end of February harvest that never happened. Day after day the talk about the great harvest that is coming and how it will be independently verified by a 3rd party, and then suddenly they say they have decided to let the shrimp live for further testing.
Management acts inexperienced and "scammy" at times
Facts don't lie.
Fact: No harvest report as the company promised
Fact: No deals announced
Fact: Stock is dropping lower every week
Fact: Company has no revenue and is using toxic borrowing to keep the lights on
Plenty of new diluted shares for you to buy. Tens of millions of them coming to the market.
How many can you afford?
Jumping to conclusions. You are right.
The Hopium Longs have some strange ideas. One goes like this:
Anyone not 100% Hopium Bagholder in their comments must be a short- Shorts only want your shares cheap-They must know the truth about SHMP's greatness-Therefore sHMP must be a great stock heading to $5 as it saves the planet.
This about sums up the investing philosophy of many SHMP longs.
They certainly don't want to discuss facts, like the lack of a promised Harvest report. better to focus on silly conspiracy theories
1 month chart looks brutal. Selling intense
Grateful for everything bagholders do.
Good luck to you in all your penny stock investments.
We don't know what the tanks are for. I think they are for more years of research. Not for commercial production, or revenue creator, of any sort.
They can say whatever they want about the tanks and even change their mind instantly. Similar to how they changed their mind about harvesting the shrimp and issuing a full, independent report
Reminds me of the WSJ rumor (but not as good) that we had floating around the board for days.
We can call this "eTrade wants your shares" rumor
Conspiracy theorists working on codes they think relate to a penny stock on the OTC..Good humor.
Maybe the Russians are using SHMP stock to signal? Red Clam loves 5168. Red Clam loves 5168
Bad news is what that means. It implies they need more years of testing and are not ready to do anything commercially.
They will continue diluting shares for many months-years in order to pay for their fish testing
When is the next Facebook Fluff?
Need to pump this turd.
Posting old news, no Harvest Report in any of those links? lol lol
Does it belittle SHMP to state facts?
If it does, then you might wish to consider your beliefs in the face of stated facts. Facts trump beliefs
Without an independent 3rd party verifying the Harvest Report this company is nothing but an 18 year startup with no revenue and a history of broken promises.
For Peter to start saying that the Harvest Report does not matter is a giant RED FLAG.
The OTC is full of scam companies with unethical management.
Very concerning for longs.
You are right, if the Harvest Report showed great results, his Facebook Fluff would have included statements like "I showed them the HR and they were very impressed!"
Instead, he goes with the lame, (and unbelievable) story that "Nobody is even asking for the HR that I promised by the end of February"
Not trustworthy.
Those who keep promoting the fake story that the 90% survival rate has already been released are simply liars. it has not been released or proven.
MM codes for SHMP:
MMs say "We have some bagholders in this one! Lets trade around them. easy money. They buy more the lower it goes?!!?!? lol"
So what. It is an OTC stock. Full of pumpers, scammers, and flippers
Your observation, while possibly correct, means nothing.
You think it only happens on SHMP? lol
1 month late on promised harvest report. Not good
Non-bagholding longs will continue to sell next week.
The forever longs, who daily proclaim, "I'm buying more on today's dip" are a small number and don't have the cash to hold the share price up. This drifts lower
Glad I got into this yesterday
No way bro! I’ll take an SEC filing over anything from a lowly paid PR person any day.
We got news, just not the news we were looking for.
In all seriousness, I’m patient. Definitely would not be if I was trying to flip this, but the large amount of shares I’m holding are all free so I’m in no hurry. As long as I don’t think the wheels are coming off the Shrimp machine, I can wait till next year. I sympathize with those who bought expecting news in the form of a harvest report at end of feb or those who are looking for news of partnerships to drop any day.
We did get news after the show. It was today’s S1
The company put out news after the show as they said they would. They never said the news was going to help the share price go higher
Agreed. Not much new money will come into this until news is out.
Anyone who wanted to buy shares, already has them.
I am positive that if these No-News days turn into No-News weeks, some bag holders will start to sell.
Sure, longs can say that you must buy now or else you will misss out, but smart traders know that is FOMO garbage. Smart traders are willing to miss out on the first 20% of gains in return for confirmation that news is really out and not just facebook fluff or PR phone calls.
That is why I’ve been holding shares
Potential for many, many more dips as days,weeks, and months go by without real news
I’m glad Peter was muzzled. He hurt the stock with his fake facebook fluff that others would promote as news.
SHMP does not need his rookie mistakes
Does the need for more dilution imply they failed to get any deals?
It is very concerning, they apparent lack of management’s competence.
Many times a good product or patent fails because management is poor and does not know how to monetize for shareholder value.
Paul is not required to be honest on the telepone. He is just a lowly PR shill.
Need real news about the report, not unofficial telephone calls
Massive dilution now confirmed with today’s SEC filing. Bad for longs
SHMP never submitted proof of survival rate. Nobody has. This is why the harvest report that they never delivered on was so important. Peter said an independent third party would verify the harvest results and that turned out to be untrue.
What Peter puts out as facebook fluff, or what a PR shill says on the phone, are not worth anything when compared to independent harvest reports.
It is simply false that a 90% survival rate has been released. Not sure why people keep repeating false information on this topic.
Or blaming shorts for the stocks decline........
Blame management for their juvenile PR efforts, blame Peter for not being honest about a harvest report, and blame pumpers for giving newbies false expectations that SHMP will be $1 any day if only they baghold shares