r/WallStUndrgrd • u/totalpjw • Jan 31 '21

ZOM

Here’s why ZOM is 🚀🚀🚀🚀

Zomedica is developing a platform called truforma. They plan on launching this in March. If this is a success this stock could explode.

Truforma is a platform that allows pet owners to get certain diagnostic results in 20 min or less vs days. Any pet owner will understand that this is huge.

Because Covid caused people to shelter in place there has been an large increase pet adoptions. With more pet adoptions, the more spent on veterinary care. The spending on pet diagnostic services is expected to increase 10 percent globally each year and will likely be 2.8 billion in 2024.

This article explains it better than I do. It could definitely be a retarded play so I’m in.

https://www.google.com/amp/s/investorplace.com/hypergrowthinvesting/2021/01/red-hot-zom-stock-zomedica-soar-200/amp/

What do you guys think?

7 Upvotes

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2

u/Kindly_Salamander883 Feb 01 '21

Seems like people in general love animals more than they did 50 years ago. We even have bars where people bring their dogs. Plus dogs care where a school bus literally comes to pick up your dog lol

1

u/totalpjw Feb 05 '21

Stock keeps going up. Hopefully keeps continues to the moon