Replies to post #116 on Swing Trading Model

[LiveLife]

= SHMP = Patent approval official.

Yes, very happy to see official USPTO patent number 10,163,199 for SHMP's "Recirculating aquaculture system and treatment method for aquatic species" - http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=10163199.PN.&OS=PN/10163199&RS=PN/10163199

"A recirculating aquaculture system automatically controls ammonia, bacteria, solids, and feed quantity available to a captive species in a closed, water-based habitat. Functionally Independent processing loops operate in parallel on recirculating water streams, to control each of ammonia, bacteria, solids, and feed. The same or similar components, such as an electrolytic cell, may service one or more functional loops."


With recent interest and development in RAS by Ross Perot and many companies from US and other countries, SHMP receiving patent approval is very significant for potential licensed operations on a very large scale (possibly global) or merger/buyout both of which will spike the share price - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145664262

As to negative posts on SHMP board, as I posted before, are often by those shorting stocks (And one would be crazy to be shorting SHMP at current levels) and/or longs trying to push down share price to accumulate/buy at lower prices. Think about it ... why would anyone post negative sentiment if they were ALREADY holding shares UNLESS they were trying to buy more < wink > and this is what I posted in response to their negative posts on 12/19 - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145551277

And in the storm of negative sentiment posts and heavy bashing, I posted SHMP rebound recommendation around $.01 on 12/20 and posted = BUY ALERT = along with this chart - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145596761



On 12/24/18 with shortened trade day and decreasing volume, SHMP bounced with strength after morning profit taking closing near HOD of $.0173 at $.016. Chart is bullish with support and resistance lines both ascending while technicals catch up.

With increasing buying pressure post Christmas, share price could spike supported by "official USPTO" issuance of patent number and rumors following RAS conference held first week of December where Ross Perot showed strong interest in investing $25-100 million per investment - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145664271

With RAS patent secured, SHMP can now demonstrate to the world current healthy harvest (20 or less shrimps per pound) with no mortality. Remarkably, share price for SHMP is at $.016 but after Monday market open, I doubt price will remain at current levels.

Due to large recent gains, I expect profit taking by some and as shown on Monday, continued volatile swings but I anticipate support/resistance lines to continue up unless spiking breakout occurs. I plan to continue swing trading SHMP. GLTA.