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Last I heard from the pumpers in here we were waiting for a Harvest Report and a potential deal from Amazon/wholefoods that would take this over $1 LOL decided to check back up on this and the stock is at .08 This was the pump and dump of the year, alot of people got played here believing in a story instead of just reading the chart
where is that harvest report at? thought it was mid to late Feb? looks like the pump is running again!
i knew this was a pump and dump went from .94 to .25, it will be a few pennies next week, harvest report and its technology pump was exaggerated lies, hope everyone learned their lesson here with SHMP!
i agree
look at the short interest of this stock, I go long on the runs then short it after its been pumped and the MMs dump it
https://www.otcshortreport.com/company/SHMP
at least im honest i dont try to pump stocks up on fake and exaggerated news, these low float stocks are crap and are easily manipulated, MMs use them to make money from novice investors that dont know what they are doing, Ive found that shorting the spikes on these inflated pieces of crap stocks are the easiest way to make money on them
ill be shorting this junk penny stock soon, enjoy the run while it lasts
called stock manipulation, low float, MMs can move the stock whenever they want
I havent seen one facebook post from the owner since feb 10, this has pump and dump written all over it
exactly! the stock is just fading slowly and bleeding everyones money that is holding lol
slap that ask, lets get this to sub pennies
you ready to get to .02 - .03 today?
enjoy your 3% gain today
Clay is back! watch out everyone the shorts are coming!
looks like its closing near the low of the day lol
listen, i hope the company is a success and does great things for the world and the shrimping business, i also hope everyone in here makes a lot of money, im not a hater or promoter, my only reason for being here is to warn others to be careful with SHMP and 99 percent of penny stocks. Im hoping you are here to make money and not being sold on the story. There is money to be made with SHMP but you have to take profits along the way like ALL IN888 has said, also when the MMs dump it, the best thing you can do is dump it as well and take a short position. Just be smart and dont fall in love with a stock and believe in what others tell you, learn to read charts and trade on swings
what i meant by that is that promoters have been claiming that the harvest report is coming any day now, they have been saying this for weeks to keep people waiting in anticipation. I shouldn't have to spell that out for you, its obviously being dangled in front of you like its a major catalyst for the stock, hence why I called it a carrot. It is being used as part of the scam as well as a potential deal with whole foods. It is a false flag the MMs use to keep people in the stock so they can dump it once its pumped enough. I dont care if you believe me or not ive seen it happen many times this is obviously a pump and dump. When the owner of the company jas no idea why the stock is moving and there is no real catalyst to move a stock like this its obviously being manipulated. MMs target low float stocks that have a good story like SHMP, do some real research on the scam
not trying to scare anyone, just dont want anyone to lose a lot of money, just warning you this stock is being manipulated like most penny stocks, promoters are pumping up the stock in here and other boards with a "carrot" (harvest report is coming, potential deal with amazon, etc) which causes more interest in the stock and it to be pumped, the MMs then pull the plug when they want to and dump it and short it and watch everyone panic until it goes back down, thats how these stocks work, smart people make money on the way up and down
i didnt say the harvest report is a scam i said the stock is a scam and promoters are using it as a way to keep you in the stock to inflate the price until they dump it, thats how most penny stocks work, its pumped and dumped. The owner of the company is in shock how interested people are of his company and has no idea why the stock is exploding, give him a call hes a nice southern guy and will talk with you about their shrimping company but knows nothing about stocks lol
they are dangling the harvest report in front of you like a carrot, check other boards out , shmp has been exposed as a pump and dump
harvest report was a scam, this pump and dump was exposed
you are absolutely correct, people are taking huge losses on this stock because they are still holding onto their shares as the price continues to plumet, the smart ones are cutting their losses and getting out before they've lost everything
there are more people selling and shorting than buying this stock. all of the low bids are driving the stock price down further, hence why the smart people short this stock
lets keep driving this price down farther! soon we will be in .03s lol
lol, yeah its flying alright, people are dumping this stock, its going to triple zeros soon
do not load, keep shorting this stock, it has been dropping since the big dump last week its going to triple 0s by end of week
this is not a dip, its trending down, take a short position its going to .03- .04 by EOD, we will see triple digits later this week
im buying some at .05 :)
your small buys are not going to push this stock up, too many people like me shorting are scaring people off to sell more pushing it down further lol
already shorted this, dont you see the chart going down? lol
watch for the big sell off and drop later today
explain to me why this was being heavily shorted after the quick morning spike, looks like a pump and dump to me
i think the MMs are done with this stock, only way this stock ever sees a dime again is if some positive news gets release and MMs decide to spike the stock again, MMs look for news on penny stocks and jump in like wolves. They go long to spike and get shareholders in at high prices then dump and short the stock, good luck with the stock but i hope you dont have too much invested unless you are taking a short position
this stock was being heavily shorted at the end of day friday, wouldnt doubt it goes back to .02 next week. MMs pumped and dumped it like they do with every other breakout stock, notice that it had short lived highs and stayed at lows most of the day? Also the purchasing and sells that spiked and dropped the price were in huge blocks, red flag that this is a pump and dump
The Juice is loose, cant hide the truth, Ive made more money shorting than going long on penny stocks, its what all the savvy investors do!
Why dont you become a savy investor and use both long and short positions on penny stocks, go long as its rising and being pumped, once it peaks and looks like its done spiking and starting to be sold off, you dump it and take a short position. Look at all the breakout charts over time you will always see an hill pattern, you have to ride the wave up and down, sounds like you are giving bad advice
this is not news that justifies a 100 percent price spike in a day, MMs wait for some kind of PR like this to come out so they can spike the stock with large purchases, either you are ignorant to what is really going on or you are in on the scam and are pumping the stock so it can be shorted and dumped later. Im not saying there isnt money to be made just warning potential investors to be careful and get out before its dumped. I was burned a couple times until i learned how the game works, now i short when the stock hits a big spike, trust me it works
i agree the shorting has gotten out of hand but its been like this for years and nothing is going to change. its not illegal to short stocks but it is illegal to manipulate the price which is what MMs do, they have a lot of buying power and target low float stocks that are easily manipulated, they inflate the price, then pay people to promote and pump the stock (email chains, board posts on ihub and other chat rooms) then dump it and short it, this is how their scam works. I am shocked the SEC allows it but then again the OTC is the wild wild west, there is a group of MMs that are investing big money in the billions/trillions of dollars into penny stocks to basically rip off the newbie investors that dont know any better
i have noticed that with almost all of the popular penny stocks that have a quick 1 time pop like this stock (stocks that either hit a 52 week high or rise quickly with no real news) they are artificially inflated by MMs, you can see the huge blocks of purchases come through that attract other investors, the MMs let the stock rise and then after it hits a high peak that they are satisfied with they dump it and short it, this happens with almost every popular penny stock trading high volume or listed on a breakout board. They make money on the way up then make money on the way down. Penny stock gurus like Tim Sykes teach that method because that is what they do and how penny stocks work, dont get mad, just understand thats the game and join in on the game so you can make money too
stocks like this get shorted big time once they get a big 100 percent spike like today, this company is not running on any real news that justified that spike, the company hit a 52 week high because it was artifically inflated, its a pump and dump, it might run up a little higher early in the morning tuesday but mark my words there will be a huge dump on tuesday followed by shorting by the big MMs