$Imperial Petroleum (IMPP.US)$ This will undoubtedly have it...
$Imperial Petroleum(IMPP.US$ This will undoubtedly have its day/week where it surges past $2 than $5+ , it may be this week, maybe next, maybe another month or two, but who cares? You will get a 400%+ return on your investment at least this year and way beyond that if you can hold through the end of 2022. How many times have you had a SP and you sold way before it hit. Almost everytime.
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b34r : From IP's homepage: "Imperial Petroleum is an international shipping transportation company specialized in the transportation of various petroleum and petrochemical products in liquefied form. "
Why would an oil shipping company be doing well in a prolonged global oil shortage scenario?
mBh b34r: A lot of retail traders associated this with the old imperial before the cats out of the bag now though
Nelson2020 b34r: If Russian oil gets banned in Europe this week. I’d assume shipping companies would be pretty busy
Selinna PulistonOP Nelson2020: me too
Selinna PulistonOP mBh:
b34r Nelson2020: There would be a lot less oil to move around if Russian oil is banned. Oil shipping companies do not benefit from higher oil prices... they don't sell oil. They just ship them around, and they would earn a lot less in this scenario.
Selinna PulistonOP b34r: I think shipping and refining equipment are closely related to oil production
Selinna PulistonOP b34r: Now the energy market is short of supply and demand. It is difficult for the EU to completely impose an embargo on Russia. Moreover, the EU has allowed to buy natural gas in rubles. The market is very optimistic
Jonny Five b34r: Russian oil is going to Europe through there new pipeline now anyway so Russian oil to Europe shouldn't hurt tanker shipping companies
Jonny Five Selinna PulistonOP: What do you mean by the old imperial? Are they doing more than just the 4 or 5 tankers they had now or something?
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