Replies to post #34297 on NaturalShrimp Inc (SHMP)

[nsomniyak]

I sold a very small portion of my shares to take my cost basis off the table a while ago. Now I am riding "free shares" with house money.

I find this is the best way to take the stress out of hanging on to a greatly appreciated position. It is much easier for me to ignore the bumps and keep focused long term in this situation.

[Running Q]

Well said...best thing I did was sell 25% of my holdings a couple weeks ago, pay off all debt except for the house, pay cash for a 2015 Toyota Corolla for my daughter earlier this week and now I sleep better at night and have a financial freedom being debt free that is amazing!

Looking forward to the harvest report and the next few months...

[polvo31]

Watched over $500k drain from my account in one day - still green, though, so all good. Bourbon helped :)

[Running Q]

Forgot to add...I too was down 50% on my investment (only a $7400 investment) so I know what you were dealing with...when it dipped to .009 I said, “screw it...it’s just money”...wanted to buy more but I was all tapped out. Amazing what a couple months can do to one’s net worth...

[fantasytrip]

I agree it's stressful, and we know SHMP is a winner, but I am irked by any company that doesn't provide public weekly or bimonthly update, even if boring or benign...another confirmation of the ballpark on the report would be appreciated. They supposedly have E&E pr for investor relations but what are they paying them for when they aren't doing their job and leaving millions of their investors hanging in the dark?

[Swingtrader]

I've been on this situation more than a few times.

There was a time that I executed and got out as a ten bagger. It was so stressful that I wake up at 2 am and thought I miss the opening of the bell. The kicker was it fluctuates from gaining $30K a day to loosing $30K a day. At times, I get myself intoxicated enough so I don't feel the stress so much.

Every minute it ticks, either I loose $5K or gain $5K. I have GTC (Good Till Cancel) orders at ungodly amount of price and broke it down to 10,000 shares so Level 2 will not show a big sell. When I see a big bid, I change the selling price just above the bid and execute. I did this for 3 days when the pps was on the way up. There's no such thing as executing all your shares at the peak.

Selling 1 million shares is not easy. It's stressful enough to get to 1200%. But selling is a lot more stressful.

There was also I time that my shares gained over 600% in 2 days because of an FDA Approval. I thought it was gonna go higher but only to tank on the 3rd day. Lost 50% of gains in two hours.

Bottom line. Stock investing is gambling. No matter how you look at it. Be prepared for a big loss. Be prepared for a big gain. Either way, it's stressful if you don't have the stomach for it.

Most of the time, I sell 50% of my shares and ride the remaining 50%. For sure, I locked in some gains. I found this technique effective and less stressful for me.