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Wednesday, June 15, 2022 6:14:25 PM
volume will drive PPS
(or maybe news will drive PPS, which will drive volume).
Increased YoY revs & profits are awesome, but unless they reflect the numbers that current/potential shareholders have been led to expect via PRs and other announcements of huge future growth (vs. bumps of just a few tens of thousands of dollars), they're not going to fundamentally change the PPS game. Getting current is good, and gave the PPS a good spike...but maintaining pink current is expected now.
We. Need. More.
Pinks trade on promise and hype; real companies trade on revs and profits (with a little promise and hype thrown in for good measure). Unfortunately, real companies have revs and profits that are several orders of magnitude above what we're seeing here. SHMN is a Pink, and needs to act accordingly.
SHMN is in a consistent growth pattern...that's good. But unless the company has news that generates excitement, investors will see PPS increases that mirror the annual increase in revs/profits - still upwards, but at an extremely lethargic rate. Maybe my future grandchild will be able to sell for copper.
Recent SHMN News
- Shares of this BioPharma on a Tear as it Successfully Engineered a T-Cell From a Healthy Human Donor • AllPennyStocks.com • 06/10/2024 06:30:00 PM
- Gene Editing Company Joins Forces to Advance Gene Therapy • AllPennyStocks.com • 04/01/2024 03:46:00 PM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM