RE:RE:RE:WTF is going on with this stock?My 2 cents.
I'm looking at this as long term investment. I can't see this jumping up with no actual numbers as in revenue, costs, etc. They said the plan is open 5 clinics this year, 20 thereafter, and 100 after that. How can you expect the price to jump NOW when nothing has really happened other than some "positive" forecast and news. That's great but it isn't going to drive the stock up as the company isn't yet making money that is will few years down the road.
That being said it's great time to buy now regardless if you got the stock today or few weeks ago because same time next year will be a very different story and so on.
Here's how I look at it. I draw a parallel with the cannabis and when that industry started to emerge. some years ago. Look at the charts of some large cannabis stocks like CRON or ACB, etc. At the very early stages of ACB, 2010 to 2013 the share price varied from $.35 to $1.8 .... sound familiar? Then, 2014 to 2016 you start to see more movement the share jumps in the range $3 to $12 .... Look at 2017 to 2019... lowest average about $60 a share, highest peak $150+.
Back to SHRM, this is similar but different. The cannabis producers need huge greenhouses but how much of an expert do you need to be grow some plants??? What will set you apart from others is how fast you can expand and grow the weed. It's all about infrastructure for these guys. Cheap infrastructure and streamlined production.
The mushroom medicine is a little different because it all happens in the lab nowadays, RD and production. You need experts in this field for research and development. Look at the team behind SHRM. Can you find a better team anywhere? Read their bios.
I don't think it will take quite as long for these guys to explode, not quite as long as cannabis market because today things are generally moving faster and ice has already been broken by the cannabis industry. That being said, it's not going to happen in a few days... nor weeks/months IMO.
If you bought 10,000 shares of ACB back in 2010-2013 for $1.7 and had it drop to $.30, I imagine you would be just as pissed (I would, too! $14,000 loss) but if you kept your 10,000 shares would you have really cared in 2018 when you had the option to sell anytime for $60-$150 a pop? Heck, even if you sold a year later in 2014 for anywhere between $5 - $12 you'd still be laughing.
Anyways...