Cellar-boxed. Not whole story. SHMN example
I recently held a stock known as SHMN for over a year. For more than that year there was absolutely no news. ZERO news. Yuk.
This company sat and sat at $0.0001 for over a year. But suddenly this (reportedly) generic drug company which nobody knows anything about made a news release and just used the words: 'block chain'.
On 01/22/18 it shot up to $0.0016. SO GO figure. Background is -- even as of now SHMN has an OTC STOP signal because of its very terrible record of reporting of its financials. It may be a SHELL/scam for all anyone knows (OTC STOP). OTC News has SHMN's last actual real news release as way back in May 2016. Closed today at .0015 - likely to crash lower do to no news again.
Moral of this story. Trump has promised to fix our roads and infrastructure. IHSI is within that industry. So -- anything could happen. A major government contract?
PAST performance (like SHMN at $0.0001 for so so long) does not mean something could not ALWAYS happen spontaneously in the PENNY STOCK CELLAR.
BELIEVE! and HOPE!. A .0001 investment of only $280 sold at say $0.0006 would earn you $1,400. So why not hope, gamble and hold LONG? Maybe you can help defeat the manipulative market makers 'CELLAR-BOXING' if it exists also.
“Too many people are thinking security instead of opportunity. They seem more afraid of life than death.” – James F. Byrnes
