One word. Timing!
We are invested in SHMP not F&T. Peter's FB post (which let's face (book) it, is a pathetic means through which to put out PR into the market), effectively killed the stock price for the short term. I gave it the benefit of the doubt but when you drill down into his wordy discourse (wordy is a nice way to hide the fact that you've actually got nothing meaningful to say), it was fluff and nonsense.
What was discussed (according to what he wrote) could have been done so by picking up the phone. No agreements (even in principle) have been signed and this is the event to do so. A non event, still no Harvest statistics and still no meaningful parties of interest.
The stock as a trading vehicle is back to pure speculation and without a catalyst, that means down trending now until further news. Very disappointing but not surprising given they have no commercial acumen nor the personnel to grow the business. In short, they grow shrimp (we don't know how well as they won't publish results), they do not know how to grow this business. Given what they are supposed to have, they should have walked away with a briefcase full of LOI's. I'll bet they came back with an "I love New Orleans" hold all, full of stress balls. Kindly send them out to us investors, we're gonna need them when we pass 10cents otw down.
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