Tuesday, February 27, 2024 4:41:16 PM
But....Always a but.
The market for SHMN stock is in Missouri mode - show me. There has been much reaction (and a lot of that, negative) on iHub to ticky-tacky swings, flippers, and low stakes traders, with a prevailing theme of 'good shit is coming, shush about the rest'. But let's be honest, neither the actions nor the reactions (here or across the myriad of social media, message boards, reddits, etc.) of these traders meaningfully impact PPS for investors; only the traders & flippers. Charted out over the long haul, the stock's gonna do what the stock's gonna do based upon the Company's actions (not what any of us say), and a swing here or there will simply be blips in the course.
The "something" in the works that I and other investors eagerly anticipate is more accurately viewed within the context of my original statement: "something to generate some real (and sustained) interest & volume", which is what it will take to make this ticker climb (and stay there). Not saying that ABBIE isn't *that* (and indeed, I'm hoping/praying/banking on the fact that it will), just that it's not that thing just yet. And that's OK.
In the meantime, I'm happy for the folks who want to jump on short term opportunities and realize a buck or two (sometimes literally), but honestly, I could care less about a day, several-day, week-long pump or trend. To that end, I will not hesitate to comment here or anywhere else that the company may be listening to effectuate change which will improve long term prospects, even if such comments may be perceived as deleterious in the short term - I can't liquidate in the timeframe of a pump, and if many folks here are being honest about their holdings, they can't either...we will need a lot more interest/volume if we are going to unload millions/tens of millions of shares and realize profits.
As most folks on this board know, I'm playing with house money, so I'm willing to wait to cash out...even if it means that I watch other opportunities pass me by. Bummer if I make statements contrary to your interest but sorry, not sorry.
Comments are my own, and reflect my own priorities (tho I hope they might be helpful to others). YMMV.
Recent SHMN News
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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM