NaturalShrimp Inc (SHMP)

[stargazer123]

SHMP
Fell steeply all morning yesterday and hit a low of .235
Then climbed, and leveled off for the rest of the day
Closed at 0.338
Has 136 million share float on the latest count that I could find
Traded almost 76 mil shares yesterday, + 72 mil the day before that
So the entire amount of shares traded in the last two days

Prior to that. leading up to where it almost touched $1
On the sharp run up over 5 days of 30 mil to 40 mil shares
Over 136 mil shares were traded. Again, = to the entire amount of shares
Most of the people that bought for a quick profit, have probably sold
So most of the weak hands may have sold
Possibly more and more of the people left are holding long term
May still be weak for some days, but by the end of this week, or next week, people talking to management say that the shrimp will probably have reached jumbo size and be ready to sell. Management says they expect to receive between $12-$15 per pound of shrimp. Costs $5 to grow them: cost of feed, personnel salaries, etc. Once they are sold, we will see how much they received for them. There is a possibility they may receive up to $18 from some of the buyers. The prices they recieve will give an idea of how profitable the company will be.