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Hahaha ok you know best.
See you at 2 cents again shortly (excuse the pun)
Thanks and when they become relevant, i'll ask them there too.
Revenue is not the relevant metric for measurement here. Profit is. How much more profit did the 4% increase in costs generate.
Outstation so cannot see the accounts.
Q's:
People have been banging on about $100M in back orders for fulfillment. Do they feature (i.e. do they still exist)? Price dipped before the close yesterday. Was that really shorties, impatient investors, or insiders selling before the 10K release? Also an 11% GM nets back to what NP.
DYODD those that know how to read a set of accounts and come up with the real situation here. Is this within expectations (price will remain range bound), above, in which case we go up, or a disappointment (no need to tell you which side of 0.005 this goes if so).
In all, my question is, how much additional profit did they generate during the period and is this really a stunning result or are there a few people here pushing and looking for that initial pop to GTFO?
last time it went parabolic on fluff news it took 7 trading days to get up to 95 cents from 0.025. It won't go from 10-20 cents range bound to $+ in seconds. Wait for confirmation and follow the order flow and price action. Simple. News gets released (real news), switch to technicals.
"Final day for Seafood Expo North America in Boston ending at 3:00 pm,
more positive happenings for NaturalShrimp
seafoodexpo.com/north-america/"
sorry, where does it say, news released after the show is over.
that could mean an hour, a day, week, month, year.
Timing is everything.
Clearly you bought very low. Tell those that bought for 50 cents plus that it's ok to hold it down to 10 cents and trips. Ludicrous speak obviously from someone who knows nothing about trading stocks and everything about rolling the dice on a craps table.
unsupported guesswork.
If they keep pumping out crap PR, I think it will go lower.
Let them stop the fluff opaque news updates of nothingness and produce something substantive. Then we'll see otherwise have a look at the golden cross on the 1/31. That's where it's headed for my money.
wait for 10 cents
Same page.
look's like a cherry turned into a rose.
All stocks need a cheerleader. Just don't get carried away and look at what this company actually needs to do and what needs to happen for this to become a viable business now.
Until we see evidence that they are doing the things I've already mentioned ad nauseam, this is a P&D counter being played up and down largely on stuff and nonsense.
An excellent company it may potentially be, but it's not, as yet, an excellent business. That's the problem here.
OK I see published 2/3.
Still they have failed to deliver on that harvest or did I miss something?
It's better than Fake Book, but they screwed up again in the 2nd to last para which shows that this is a rehash of an old article "NS won't harvest the current tank until mid to late February"....written for an event in the third week of March, I don't think so!
Come on guys, you could/should have written a piece specifically for the event, or at least not overtly given away the fact that this was written months ago (I can probably locate the original article) and that you have failed to Harvest said tank at the specified time.
No control over PR/Media/Marketing!
This gets ugly now unless they pull a rabbit out of the hat and quick!
Vacancy sales director, operations director, marketing director, head of business development.
Mgt team is ill equipped to ever take this company forward.
Without a positive catalyst I doubt it, but even so, that's a self fulfilling prophecy, because if it bounces, most sensible traders will use it as an opportunity to get out albeit temporarily, thus eliciting the very phenomenon you speak of which is a spike followed by a crash.
Don't wait too patiently. Sounds like you're looking for a repeat of the huge recent spike from 0.025 to 95 cents. If it ever drops back to 0.05, you're more likely to see huge meddling with the AS and OS and a RS at some time, than you are an encore of February.
Only a BO/Partnership/JV with a big player is going to see this go parabolic again imo. There's no chance it will do so purely on orders, they've nothing substantial to sell yet until they ramp up capacity which requires a huge injection of capital. Licensing, that's just another revenue stream and should be treated like an order.
Nope, days of spikey Shrimpy are over now for the time being. Peter's feedback on Fake Book proving the reality is that this is a cottage industry for NS and F&T has killed all that off.
Or even let other's DD influence your sound judgement?
a) Presupposes sound judgement
b) Requires everyone to reinvent the wheel by ignoring valuable contributions of robust DD from better qualified individuals.
Basically, a nonsense statement.
Just incorporate quality DD done by qualified individuals as part of your own DD.
Most would not know good Due Diligence from bad anyway.
As an example, just try and make sure you get this covered:
-PR’s/8K’s/SOS Filings
-Mergers
-Buybacks
-Reinstatement’s
-Revenue increase
-Officer changes
Check.....
-Chart
-Share structure
-How ticker responded on other PR’s
Credits to Joe Cazz
minus another 15-25%
Yes and "Space 1999" was a great show too in its time. But this message is pure hopium.
As I said........fantasy if for the story books.
More worrisome than anything now is the fact that their technology, their patent and their so called outstanding results in terms of mortality rates are already out there in the public domain.
And yet, everyone appears to be focusing on what business, contracts and or cooperation agreements were signed at these two recent events:
https://www.was.org/meeting/code/AQ2019
https://www.seafoodsource.com/news/supply-trade/seafood-expo-north-america-2019-gets-underway-in-boston
My contention is, that if what they have is so good, why do they need to go around touting for business like some yellow duster salesman that shows up at your front door. If this is what they say it is, then they could just sit back and wait for the high roller companies to beat a path to their door, right now, waving blank cheques at them. So why the sales pitch? It's because they are having to sell it. It's because they have proved absolutely nothing at all new and innovative that will take the industry by storm. They knew it and we are now just cottoning on to the fact that as yet, their process does not have any proof of concept, insofar as; most importantly, it can deliver a commercially viable product.
The world is not ready for some green, eco-friendly, patented shrimp farming process, just for the sake of it. It still needs to pass muster as a commercially viable value proposition for the big buyers and investors to take an interest and if you ask me, they have not proved that, not by a long stretch.
Charts and TA are one thing. But there is a far more fundamental reason why the stock price is ostensibly, heading back to the dark days of the penny lows earlier in the year.
Sure there will be media releases (let's hope they grow up and stop using Fake Book) of contracts and agreements signed. But these are likely to be itsy bitsy wishy washy non-committal agreements "subject to" and with strict compliance covenants attached.
As it stands, I do not smell even a hint of a major Buy-Out (which was the premise upon which the pps pumped up from around 0.025 to 0.95 during the first and second week of Feb and then collapsed when people realised it was total BS).
And that folks is all we have here, a possible, maybe, future good technology, unable to function as a viable business through lack of capital and imo more importantly non-existent business expertise.
Great idea, unproven and without the core competence to build it into a sustainable long term billion dollar enterprise as has been spouted here ad nauseum.
Strong catalyst required else it's a return to the pennies imminently imh (but well qualified) o.
Let's just agree to disagree. Timing is all wrong now and big spending plans with zero funding look like a recipe for messing around with the share count imo.
The timing is wrong. Better to step back and buy lower. You'd encourage people who bought at 40-50 cents top hold?!!!!
Because I know I'm right and you're a dreamer deluding people to buy too high and to hold too long.
how will it fund the required CAPEX required for this project?
Exactly and it will dip nicely before then. BTW solid deals won't put this into the $1+ pps range. It hit 90 cents plus on rumours of a BO. Too much investment required now for them to go it alone. Financials will look like chit.
Nothing doing now fore some time to come imo.
Still we might et to see Peter's painted on smile again soon.
Diluting to fund CAPEX incoming.
No buyers for unproven tech. That just leaves investors who'll want their pound of flesh, i.e. investors will want huge ROI.
Timing all wrong now for me.
Soon back to teens and below without strong catalyst, which won't be a Buyout.
Sorry, thanks for the whacking profit but they blew it in NO and they'll do the same in Boston.
At least we're not seeing any more meaningless pics of pub lunches.
Could have been gifted shares to say so.
One word....Funding?
Without a partnership, this can only come from toxic Financing and/or playing with the OS count. Are we to expect therefore a substantial increase in the AS count and mass dilution to fund further development?
I treat your post with a good deal of scepticism actually. If they are prepared to divulge their future plans for CAPEX, without I might add, a strategy for financing said expenditure and all to a non-insider in an email, well either someone speaks with forked tongue, or how utterly amateurish are they.
In any event, your post raises more questions than answers. It's an Elon type message (spending without funding yeah right) and troubling as far as the immediate direction of the stock price is concerned. For one thing, if true, it shows with increasing clarity that they still are not done testing, do not have a marketable product, or a system that can provide both consistent quality and repeatability.
A puzzling and alarming contribution!
excellent that should elevate the price dramatically!
Non of said products shown, largely because it seems once again, Team NS and F&T have opted for power meetings with huge institutional buyers and potential M&A partners....... to show off their (as yet unpublished) Harvest results and their (as yet unachieved) sustainable and scalable revenue stream projects.
https://www.intrafish.com/aquaculture/1726963/sena-2019-live-clean-tilapia-algae-fed-salmon-and-a-raft-of-new-products see SHMP showcasing their new product/system..........NOT
NVM, I'm sure Peter will have lots of family snaps and huge big potential contracts to crow about on Fake Book.
Yawn wake me up this time next year, but only if this company actually ever delivers on anything at all.
If you read my submissions here, that's what's holding up the next catalyst if you ask me.
This will drift lower and sideways for a while yet.
If they don't come up with a decent piece of news after Boston, forget it for the short term it's all over (sub 10 cents coming).
Good news might get them back up to 50-60 cents. 90 cents gone now and only a BO get's the North of a buck and that's not happening.
5 years to grow. What a real business brainwave you've come up with there!
thanks guys
what's "pacer"?
I hope she's not suing VYST, She'd maybe have a better chance!
https://en.wikipedia.org/wiki/40_Wall_Street Trump's building
Pretty fantastic website they have:
http://www.emafin.com/contact-us-1.html
Not!
New to this stock.
Any good?