Penny stocks are not my thing but this looks very trade-able with a simple 5-30 SMA cross-over entry technique and extreme-price exit strategy along with responsible trade sizing and management.
If it sounds like I have a negative opinion about this company, it's because I have a negative opinion about this company. I have no interest in pumping the company up, or dragging it down to short it. I have looked, and I don't like it. The company is trying to buy shrimp from a hatchery, to raise in big fish tanks. A fire destroyed the fish tanks. It's a shrimp company that does not sell any shrimp. They don't have a production facility to actually farm shrimp. I don't like car companies without a car. I don't like car companies without a plant to build a car. Everyone is entitled to their opinion. For whatever reason, somebody wants to be the advocate, then they can cheerlead. I am just pointing out the obvious. The company has zero income from selling shrimp, and is in debt. They freely admit that they don't have enough money, and may no longer exist as a company. I don't think it's a good company to buy stock in.
SHMP NaturalShrimp Submits its Application to NASDAQ Capital Market https://finance.yahoo.com/news/naturalshrimp-submits-application-nasdaq-capital-113000886.html
SHMP NaturalShrimp, Inc.: La Coste, Texas, August Construction Update https://finance.yahoo.com/news/naturalshrimp-inc-la-coste-texas-110000465.html
SHMP NaturalShrimp, Inc. to Present to Investors at 22nd Annual H.C. Wainwright Global Investment Conference on September 16th, 2020 https://finance.yahoo.com/news/naturalshrimp-inc-present-investors-22nd-123000775.html
NaturalShrimp, Inc. (OTCQB: SHMP), the aqua-tech Company that has developed and patented the first commercially-operational RAS (Recirculating Aquaculture System) for shrimp, provides the following construction update: No damage occurred at the La Coste, Texas site from the recent hurricane activity. The Company should complete the 40,000 square foot shrimp production building red steel structure this week. Prior to completion of the building walls and roof installation, NaturalShrimp can begin installing some of the internal catwalks and rooms. Visit the NaturalShrimp website at https://naturalshrimp.com/ and look in the Gallery section at the bottom of any page to see ongoing photos of the shrimp production building progress. NaturalShrimp will continue providing construction updates through regular press releases and updating the website gallery photos. ABOUT NATURALSHRIMP: NaturalShrimp, Inc. is a publicly traded aqua-tech Company, headquartered in Dallas, with production facilities located near San Antonio, Texas. The Company has developed the first commercially viable system for growing shrimp in enclosed, salt-water systems, using patented technology to produce fresh, never frozen, naturally grown shrimp, without the use of antibiotics or toxic chemicals. NaturalShrimp systems can be located anywhere in the world to produce gourmet-grade Pacific white shrimp.
SHMP NaturalShrimp, Inc.: VeroBlue Farms Due Diligence Update https://finance.yahoo.com/news/naturalshrimp-inc-veroblue-farms-due-113000395.html
SHMP 9/10/20 Press! NaturalShrimp, Inc. Discusses Upcoming Commercialization Strategy with The Stock Day Podcast https://finance.yahoo.com/news/naturalshrimp-inc-discusses-upcoming-commercialization-141300871.html
SHMP NaturalShrimp to Present to Investors at 22nd Annual H.C. Wainwright Global Investment Conference... https://finance.yahoo.com/news/naturalsh
SHMP Ecoponex Systems International, LLC and NaturalShrimp Announce Development of Shrimp Facility in Puerto Rico https://finance.yahoo.com/news/ecop...c-naturalshrimp-140000549.html?.tsrc=fin-srch
SHMP NaturalShrimp, Inc. Announces Nominations for Board of Director Positions https://finance.yahoo.com/news/natu...6.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr