InvestorsHub Logo
Followers 3
Posts 171
Boards Moderated 0
Alias Born 02/27/2016

Re: None

Sunday, 02/10/2019 10:56:13 AM

Sunday, February 10, 2019 10:56:13 AM

Post# of 113420
This is exciting, yet very, very nascent. I was lucky enough to make a couple of good trades Friday. This morning, been looking over their story & documents more closely. They have a long, long way to go. That doesn't mean the stock won't pop again, would be great if it did. However, they are in dire need of cash + capital dollars to realize the dream. Looked over the last 10-Q, and there's a dizzying array of financial survival techniques being used to keep this alive. Of course, would be great if there were even hints of deals with major investors, distributors, etc. That may happen, but they will be raising cash to survive for a long time before then. On the other hand, markets and traders are unpredictable, and the fact the stock hit $10 four years ago proves the point. All things considered, I'd expect a substantial dilution very soon, and will remain in a trading mode. Without a miracle investor showing up, this effort, already 15 years along, will take many more years. GLTA
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHMP News