Friday, December 27, 2019 5:29:47 PM
From what I have seen in recent years, stocks no revenue, and a lot eyes have run BS, no revenue stocks up over $100 Mil market cap.
This company has 1-2 decades of real operations in the diving supply business. And no convertible debt shares in over 18 months now, apx.
The right folks get enough eyes on this beast next month could set it up for a run to 25 cents, before major revenue blows up even higher, IMHO.
Depends on how tight these longs are willing to hold onto their shares as the price runs up. I have been waiting 3 years for this one to get ripe, (nibbled at shares here and there) and I think now is the time for smart money to start loading. All the real longs already loaded and once she starts to run up they may be willing to average up. We need to check the current numbers but I think over half the OS is in the hands of a fellow that put over $1,000,000 cash into the beast the last 24 months for restricted shares, signed on as a director, and is no hurry to do anything but help build a real company with NEMO as the new focus...
If the stock runs well the next 3-4 months on anticipation of awesome Spring to summer sales growth of Nemo, and a turn to profits (Nemo caused some cash burn, but it was covered by the recent investments, and more).
If the Nemo takes off, and major distributors start stocking it, and sales explode on line world wide, it could get way overvalued fast and easy next year.
Shmp went to .95 on PR news and has had no revenue for 20 years, and I think has 2-3 times the float.
This has been a very under the radar stock for ages.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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