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Bullboard - Stock Discussion Forum Imperial Petroleum Inc IMPP

Imperial Petroleum Inc is a Greece-based international shipping transportation company. The Company specialized in the transportation of various petroleum and petrochemical products in liquefied form. As of March 15, 2022, the Company's fleet consists of 4 vessels (oil product and crude oil tankers) with a total of more than 250 DWT.

NDAQ:IMPP - Post Discussion

Imperial Petroleum Inc > Looking like a push about to come
View:
Post by Chart1 on Jun 20, 2022 10:05am

Looking like a push about to come

Small postion gathered at 0.51 average looking to see close to 1.00 in a couple months.
Comment by biggdeal on Jun 27, 2022 1:58pm
I did the same today. Good position at 0.51. The fundamentals are solid and it's trading at a discount to market. They have to have the sp over 1.00 to stay NASDAQ compliant. Cant see them doing a reverse split to achieve that. They have lots of cash on hand and have been acquiring ships/assets so with some good ol fashion pr drops I see this as a double.
Comment by biggdeal on Jul 02, 2022 11:40am
Grabbed some more at 0.42 and will continue to add below .50. They are adding more ships to their fleet and will have impressive sales. This appears to be an easy double or at the very least some very good trading opportunities in and out.
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