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SHMP HAS A BREAKTHROUGH, ONE OF A KIND TECHNOLOGY.
It's success will be officially confirmed by its harvest report due out between now and Thursday.
Know what you own and ignore the noise.
We moved up today after two days of gapping up, then moved sideways all day as it consolidated.
We're not even at 13 million volume.
Who goes by daily? RSI was 85 on 10 day chart until an hour ago...it finally is down below overbought level...I've been watching it overbought since yesterday and everyone else who bothers to watch charts before they buy in.
It will go up from where it is now without impediment.
market cap 163.24 million.
RS recirculating system is the first of its kind vibrio suspension technology.
The big catalyst will gap this up faster than you can blink. This solid base is great.
We are up 6 percent from yesterday with no gapping and average volume so far.
It took all day to get out of overbought territory. Be happy we moved sideways most of the day and had the stock consolidate.
We were also overbought 10 percent at the open.
To not buy in now is probably the worst choice you can make all year.
The technology was and has succeeded based on lack of mortality of the shrimp, that has been endlessly heralded in both the sector's media and the outside world.
The report is done it's just not been released yet and we were told February, of which 2 days remain.
Patience.
This is the time to buy.
Welcome new investors to shmp.
I'm happy with the consolidation of the stock in the 5s. It consolidated from the overbought territory it was in since yesterday from the two little gap ups and is ready to move up higher.
Who thinks the report is out tonight?
It's going to go up any minute. It was overbought since yesterday and just consolidated. Look at the charts.
Keeps rising, higher lows, with stable volume.
20% yesterday from 4s, 9% already today from 5s at the same rate as yesterday. We may be in 7s at close today.
I have never seen so much press on an emerging company, not even the many cannabis companies competing with each other.
And so many following the growth of its stock.
And meantime
NATURAL SHRIMP continues to have no competition in its sector.
The securing of additional tanks last week was an indication on the success of viability of the shrimp harvest we will see in the upcoming report.
https://www.marketwatch.com/press-release/naturalshrimp-inc-places-additional-equipment-order-to-facilitate-shrimp-harvest-expansion-at-lacoste-texas-facility-2019-02-12
They put it on their front page.
Newspapers have to do DD before printing articles. Nobody said they endorsed anything, but they verify the veracity of what they print by virtue of printing it.
They put this info on their front page.
The company pps was already running up then gapping up before any mention of this WSJ article. WHO CARES.
WSJ is not a periodical that could make or break this stock.
THE VALUE of the company is in their technology busting through...a new tech that solves an issue that was never solved before.
Viability in recirculating fish farming.
The aquaculture conference in NOLA is next week.
They have a pr firm.
There will be plenty of promotion between the release of the harvest report and the conference.
Market cap 163.24 million today. Enough said.
They have a p.r. firm. There will obviously be promotion with the finalized harvest report before the aquaculture convention. The company has been doing all the right things so far.
And what difference? The success of the company was already a given two days ago, before anyone even mentioned there'd be a WSJ article. Who cares.
It says its his nephew.
Aquaculture is a new tech "sector" of interest is why. Natural Shrimp is the "it" company right now in this sector. Others are rushing to find "solutions" to make their biofloc systems work better, they're working on feed, salinity levels, all sorts of things, none of them were willing to simply toss in the hat and find something completely new like NATURAL Shrimp did.
And meantime the horror of the mangrove pond shrimping continues, decimating these habitats.
Setting up the NS systems in all these places alleviates the issues with the environmental disasters of these mangrove grove fish farms because these places can afford to run them on pennies a day...it really solves a major hindrance to the excuse of not growing shrimp in recirculating systems.
You're right, but it would make sense for it to be out just before the Aquaculture convention.
Given they just last week ordered three additional tanks, the expectation is we're going to see a great success of their patented technology "test"...once that's official in the report, the stock will probably run over a $1.00, based on the reality that just on rumor of the outcome two weeks ago we ran up to .93, gapping up so much that it retraced to .23 (overbought to oversold exactly)...
The company was assessed in February 2018 at a 2.16 pps in the given circumstance of a modest viability (as the usual biofloc systems and/or fish farms only have 25 percent to 55 percent viability, anything over 60 percent is positive territory)...so close to 100 percent viability, the expectation, will be industry changing.
They will also be attending the aquaculture conference on March 7 in New Orleans at which point they'll have the official report in hand, after months of publicity following it, and there are expectation they will have distribution and licensing agreements forming two lines of revenue.
As far as distribution of the shrimp, we do know Whole Foods walked the plant and we hope to hear more on this and other avenues.
This month. Which means between today and Thursday at this point.
That's nonsense. Some companies run ads on there. Otherwise, the charts are analyzed by technology not people. Thousands of them. Every day.
shmp is moving like CBD companies that flew way into dollarland with no revenue, no fields planted, no nothing except the "rumor" a legalization would occur. I'm watching the same movement with SHMP.
The difference? SHMP'S technology is only owned by ONE ENTITY. That should give you an idea how valuable this stock is now, then, tomorrow, a year from now.
And they are already operational.
Plus an equity analyst already gave an estimate of 2.16 just in terms of the company showing modest production at this point of being operational with its patent...the fact that we have watched no viability makes the company much more valuable according to this report. Done by a very legitimate company. Harbinger's.
SHMP'S MARKET CAP 163.24 MILLION TODAY.
It's consolidating here because it's slightly overbought, not because of its retracement from two weeks ago. It's doing the little retrace in the 5s from the small gaps up yesterday and today, a normal fade to the mid 5s.
Then yes up to 6s and maybe .7s by close.
Watching shrimp grow has been like watching money grow, but has also felt like watching grass grow at times. My betta fish is staring at me through the tank through all of this with an expression of astonishment.
"All this fuss over some shrimp?" he bellows, blows some more bubbles.
"You eat it," I remind him, "and I've heard no complaints."
I think it needs a little more consolidation in the 5s before we head north. But head north we will...Really should retrace to the .52 to .55 range, but even to .55 is good, then up.