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$Imperial Petroleum (IMPP.US)$ will only start securing prof...

$Imperial Petroleum(IMPP.US)$ will only start securing profits from 0.8, tremendous upside potential here. There will be a ramp up as we head towards Q3 earnings which should show much improved financials, oil demand will also gradually rise as supply shrinks & winter approaches.
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  • YYVE : I think we are going to skyrocket sooner than that

  • player000OP YYVE: Idk about skyrocket but I can see gradual rise. Float isn’t small anymore so it would be harder for a spike like last time

  • YYVE player000OP: I will be conservative to see this going between 3 to 5

  • Dons hobby : I agree player, I have said more than a few times, this will have more than a few 10% to 20% gain days as we move forward on the way up. I don't think there will be any
    doublemint days, I could be wrong I hope I am wrong.

  • player000OP Dons hobby: Don’t mind being proven wrong too, both ways work for me. Needs a substantial increase in volume for instant 2X days

  • Dons hobby : I do know that if you are in a stock at .50 or 1.00 and it goes to $2 you are not a unhappy
    lol.

  • Dons hobby player000OP: I totally agree, it always needs Volume and if it has volume it will always need more lol.

  • player000OP Dons hobby: I get that I think the company has good fundamentals & financials but the rate of offerings it does doesn’t give me the confidence of holding long term. Management has to show me otherwise

  • Dons hobby player000OP: I do have to say, the reason I like this company souch is exactly the management.
    The management that runs IMPP are the exact people that built another company that does the exact same thing and they have done such a.good.job that they actually made a SPIN OFF COMPANY that does the exact same thing as the one they built for the last 15 years I think it is and the management is EXACTLY.the same people that know how to do run a company like this because they have and still are but now there are 2 companies that do the same thing. Every offering they have bought more tankers or assets to BUILD the business.
    From 4 tankers to 10 in about 1 year or so, so offerings suck but they use the money right but more importantly to me is they KNOW WHAT THE RIGHT THING TO DO IS AND WHEN.

  • player000OP Dons hobby: That’s fair, personally I don’t subscribe to common consensus of dilution being always bad but sadly it is a stigma for most retailers. At the end of the day it’s just about what type of investor you are, swing/day/long etc. All the best mate 👍

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Here for some banter & to win 45.6 billion won💰
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