I share this during shared reading time. After I have shared it together as a group, I follow it up with adding it to a pocket chart. Following that, I bring it to our reading groups.
There is a small bit of prep involved as you need to color in the sharks. I also underline all the color words in that color. With white, we actually use white crayons and color over the word!
The last page is for them to camouflage their shark.
HFW: I, saw, a, an