Real news will drive volume
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.
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