Natural shrimp. SHMP
by lanimal | February 8, 2021 11:34 pm
This company is doing big things. This stock is going to the moon. Buy some now before its too late
Source URL: https://www.stockgumshoe.com/2021/02/microblog-natural-shrimp-shmp/
SHMP is now my fourth largest holding and their story is awesome. Now, if they can execute we will have a real Home Run! I would to love hear Travis’ comment on this company.
How much is your entry price? What would be their expected growth? Thanks
I got in at 20c. Growth potential is huge. Right now they have 1 facility operational in Texas with another being converted in Iowa. Plans to construct in Florida and Puerto Rico. Also they will be doing tests with their technology on other fish species. They’re idea is to have fresh shrimp available in many cities
You think the .75c is still a good entry price?
I would say yes. Once the company starts generating revenue and opening more facilities the sky is the limit
It is also one of my larger holdings given its recent growth. Their technology will enable them to grow seafood in places where fresh seafood is not cost effective. Adding the plant in Idaho that will enable them to sell direct to the consumer and could turn out to be huge. I’m curious to see how a full grown tank of shrimp equates to dollars, meaning what kind of profit will each tank make. I’ve look for that kind of data briefly and have not been able to find it.
Hmm. Shrimp? 500m outstanding shares? Take off. Perhaps. I’m sure they could do this, but can they do it cost effectively and how would that translate to share price? I lived in Colorado for 9 years and paid the same price for shrimp as I do now in Virginia. It all comes from Far East anyhow. I don’t know, hard to see were the MoMo will come from and that is what drives stonks in these final days of the blowoff top. Just tapping the brakes….