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My opinion is IMPP is tremendously undervalued..
yes too bad our young ceo dioesnt give a rats arse about his common holders
trades like a stinky pinky
must be a stinky greeky
looks like harry is a pos
My opinion is IMPP is tremendously undervalued..
Both are now closer in price. $IMPP $PSHG
I bought 125k of PSG* @.293 and just sold all @.34, a quick $5k+ in 45 minutes, not bad.. been accumulating IMPP in the .36’s, now waiting for a push..
Wow, PSHG just announced right at the opening bell they just deluded the stock and it cratered down 50%. I guess that had happened here. Punished. Lets see who rebounds faster. $IMPP
wowww--36 pennies on only 6 million traded...what a pos harry is
what a pos harry is and this stock right now
82 million in cash
10 tankers
190 mill float
trades 37 pennies
unreal ...rediculously undervalued
someones accumulating a ton of shares into next ER
Emailed... no response
have you called HARRY?
Ok people..... all-in now
Harry.... tell us how business is looking and how IMPP is benefiting.
Tanker Rates from U.S. Gulf to Europe Returning to Early Pandemic Highs
Bloomberg
Total Views: 0
August 10, 2022
By Kwaku Gyasi (Bloomberg) —
Shipping costs for mid-size oil tankers from the US Gulf to Europe are near the highest levels since early in the pandemic, due to changes in trade flows amid Russia’s war in Ukraine and fewer available ships globally.
Daily earnings for Aframax vessels sailing from the US Gulf to northwest Europe have soared to almost $57,000 this week — more than 12 times the level at the start of the year — according to data from the Baltic Exchange. The tankers typically haul about 600,000 barrels of crude.
This followed a surge in rates for Aframaxes crossing the Mediterranean in late July, as traders raced to secure tankers when Libya resumed exports following months of halt at several key ports.
Shortage of tankers on open market
You need to post links if you want people to believe you. $IMPP
Anonymous Chinese shipowner spends $376m on tankers
IMPP ..... press release saying company for sale for 360 million.
Morning pop and drop. So predictable. From the Flipper playbook page 1. $IMPP
wow.look at these scumbags move iot back down on nothing..only 4 mill traded and few hundred k wiped out 4% in gains....
MMS /SHORTS HERE ARE CRIMINALS
nothing, and yup.
why what's special about the 19th? and you do know the sep .50 calls are already just has ridiculous as July was and Aug is. .
necesscito to break .42 as the MMS are accumulated .37-.38 as many as they can steal....
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SHIPPINGCRUISE SHIPSPORTSSHIPBUILDINGDEFENSEACCIDENTSPIRACY
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Photo: dgar Lee Espe / Shutterstock.
Tanker Rates from U.S. Gulf to Europe Returning to Early Pandemic Highs
Bloomberg
Total Views: 0
August 10, 2022
Share this article
By Kwaku Gyasi (Bloomberg) —
Shipping costs for mid-size oil tankers from the US Gulf to Europe are near the highest levels since early in the pandemic, due to changes in trade flows amid Russia’s war in Ukraine and fewer available ships globally.
Daily earnings for Aframax vessels sailing from the US Gulf to northwest Europe have soared to almost $57,000 this week — more than 12 times the level at the start of the year — according to data from the Baltic Exchange. The tankers typically haul about 600,000 barrels of crude.
I think we start heading back up. This tic for tat penny flipping is getting old. We need more institutional buying. Or someone with big balls to start buying in earnest. $IMPP$
SEVERELY UNDERVALUED REGARDLESS!!!!!!
Maybe we have a run in the making. Wednesdays are usually uneventful. $IMPP!
when accumulation is done it will explode upwards to test .64
Is someone converting shares or something. Why all the headwinds? $IMPP!
All the other Oil Tankers stocks are making record revenues. So are we. This should be way over a buck by now. $IMPP
mind blowing isnt it
Harry. Get off your fat ass and support your companies stock price.
36 pennies on 2 mill volume and the shorts just attack as they have 0 fear
This thing is still being heavily flipped. Its pathetic. Watching it trying to go up pre-market only to be beaten back down where it started. For what a couple six packs? This should be moving like $PSHG Come on $IMPP!
IMPP pps needs help in form of company press release updates from Harry. Get off your fat, greek ass and support your companies stock price.
I just looked at the volume bars and saw we were up. Therefore Good Buys! $IMPP
Where were those “good buys”?
Couple good buys after hours. Fighting chance. $IMPP!!
Limp Gimp PPS doesn't seem to know that
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ABOUT IMPERIAL PETROLEUM INC.
Our Business Strategy
Our business strategy is focused on providing consistent stockholder returns by timing and structuring acquisitions of vessels and by reliably, safely and efficiently operating our vessels. We continuously evaluate purchase and sale opportunities, as well as employment opportunities for our vessels. Key elements of the above strategy are:
• | Renew and Expand our Fleet. We expect to grow our fleet in a disciplined manner through timely and selective acquisitions of quality vessels. We perform in-depth technical and condition assessment review of each potential acquisition and only purchase vessels as market opportunities present themselves. We focus on purchasing secondhand vessels, newbuildings or newbuilding resales based on the evaluation of each investment option at the time it is made. |
• | Optimize Charter Mix. In the current product tanker and crude oil tanker charter market, we are mainly focusing on short to medium term charters, including time and bareboat charters, of one or two years. As the charter market changes and we grow our fleet, we may continue to adjust our chartering strategy to include longer duration term charters or a higher percentage of spot market charters. We seek to |
ATHENS, Greece, May 27, 2022 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (NASDAQ:IMPP) (the "Company") announced today that it has entered into an agreement to acquire two suezmax tankers, built at Hyundai Samho in 2007 and at Samsung Heavy Industries in 2008, with an aggregate capacity of approximately 320,000 dwt, from an unaffiliated third party for an aggregate purchase price of $46.8 million, with delivery expected by mid- June 2022. The Company expects to finance the purchase price with cash-on-hand and new senior secured bank debt. This transaction is indicative of the Company's substantial financial resources to consummate new vessel acquisitions due to its high level of available cash raised from its recently completed public offerings. This agreement is consistent with the company's plan to continue its fleet expansion.
ABOUT IMPERIAL PETROLEUM INC.
Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services. The Company owns four M.R. product tankers and one Aframax oil tanker with a total capacity of 305,804 deadweight tons (dwt) and has agreed to acquire one additional product tanker and two suezmax tankers with expected delivery by mid-June 2022. Following these deliveries Imperial Petroleum will own a total of eight tankers with an aggregate capacity of approximately 682,000 dwt. Imperial Petroleum Inc.'s shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market and trade under the symbols "IMPP" and "IMPPP", respectively.
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charter our vessels to high quality charterers as we have done in the past such as national and independent oil companies, energy traders and industrial companies. |
• | Operate a High Quality Fleet. Our primary focus is the operation of medium and large-sized product tankers and crude oil tankers, and as we grow our fleet in the future potentially add vessels in other seaborne transportation sectors that we assess as exhibiting favorable market conditions. We believe that owning a high quality fleet reduces operating costs, improves safety and provides us with a competitive advantage in securing favorable charters. We limit our acquisition of vessels to those that meet rigorous industry standards and that are capable of meeting the stringent certification requirements of major oil companies. We maintain the quality of our vessels by carrying out regular inspections, both while in port and at sea, and adopting a comprehensive maintenance program for each vessel. |
• | Maintain Financial Flexibility. We intend to use bank debt to partially fund our further vessel acquisitions and which we hope will increase financial returns for our stockholders. We intend to manage our balance sheet to maintain an adequate level of liquidity and actively assess the level and maturity profile of debt we incur in light of the level of cash flow generated from our chartering strategy and our efficient operating cost structure. We have moderate leverage which we believe will well position us to obtain additional financing and grow our fleet by pursuing selective acquisitions. |
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