$Imperial Petroleum (IMPP.US)$ I see there are the same type...
$Imperial Petroleum(IMPP.US$ I see there are the same type of investors on here as there are on other brokerages. Get away from comparing IMPP to the price of oil and gas. In some respects they run opposite of one another. High supply side=lower oil price=higher shipping volume. By the same token it reverses some when the price of oil goes up but volume doesnt increase. If a company raises the price of their food processor by 10.00, that doesn’t mean Fed Ex raises their shipping costs, or that their stock is worth more, but if Fed Ex raises THEIR rates then it can affect the price. So IMPP needs to be thought of as you would think about Fed Ex and Etsy or Ebay.
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mBh : In a perfect world but we know the market never follows that
mBh : A lot of traders still think this is the old Imperial Petroleum that used to trade on the he nasdaq