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What a train wreck! I'm speechless. Sorry for those that bought around $3.50 thinking this was going to $5 Harry will forever have a curse on this stock. $CISS and $GASS seem to be doing better.
The share structure is small, no reason to do a buyback. It would be smarter to buy more boats and expand the business.
Now you know why he has a bad reputation...100m in cash and he has to think about it...lol
*****And there it is !!! back down under 3 bucks - pps will remain stagnant till next earnings
they wont let this run period
rinse and repeat
ENOUGH SAID
Just siad it was something they would consider on the conference call
Will he do a buyback?
There it is. Going red again on great earnings. Way to go Harry! $IMPP
*****Get ready for da dump - IMPP has a bad history of not holding gains
Wonder if Harry is going to dilute da crap outta this yet again
ENOUGH SAID
Market likes todays news
https://finance.yahoo.com/news/imperial-petroleum-inc-reports-second-131500692.html
they r releasing record earnings over 2 weeks early. its going to ROCK. hope u got your flying up tickets.
u and me been pounding the table here for awhile. now time to get PAID
ill be on the call with u buddy. doubled my position. when they announced $5 for 6 mths earnings or more
all us longs got to buy more as we r worth over $20.
we got to kick shortie in the balls $$$$$$$$$$
BETTER BUY TODAY GOING TO COST U MUCH MORE TOMORROW $$$$ UP UP AND AWAY
ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc., a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its second quarter and six months financial results for the period ended June 30, 2023 before the market opens in New York on August 10, 2023.
On August 10, 2023 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.
Conference Call details:
Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.
Online Registration:
https://register.vevent.com/register/BI77731313e63f47b6b978bda7d8b7ca62
Slides and audio webcast:
they r announcing record earnings early. thats all u need to know. i bought bunch more today and buying more tomorrow.
we made 2.71 last qrtr. this record earnings will really get us rolling even though they did put more shares in
*****IMPPs mouth piece is late to the game as usual , pump ditty pump ditty pump
Buy the rumor sell da news
ENOUGH SAID
BIG BUYS 14K, 10K, 7K EARNINGS ON THURS BACK ON OUR WAY TO $5 $$$$$$$$$$$$$$ co releasing record earning earlier
ATHENS, Greece, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc., a ship-owning company providing petroleum products, crude oil and drybulk seaborne transportation services, announced today that it will release its second quarter and six months financial results for the period ended June 30, 2023 before the market opens in New York on August 10, 2023.
On August 10, 2023 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.
Conference Call details:
Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call.
Online Registration:
https://register.vevent.com/register/BI77731313e63f47b6b978bda7d8b7ca62
His other company bought the shares which is technically him...
If they do 30+ mil again
he talks about his buys
and we get a buy back..
This should be over 6 and bounce to 10...
BIG BUYS 14K, 10K, 7K EARNINGS ON THURS BACK ON OUR WAY TO $5 $$$$$$$$$$$$$$
*****Too bad IMPP never holds gains for long - buy the rumor sell da news - only way to make munny on the garbage stock
ENOUGH SAID
GREAT NEWS RECORD EARNINGS ANNOUNCED EARLY ON THURSDAY. UP UP AND AWAY $$$$$$$
Why does it look that way?
Looks like Harry bought 5.8 million shares....
Gass is at 5.35...went from 2.25 in july to highs..on a buyback....they make less money...more debt...IMPP has a better share structure....We should get that BB..if we do...hello 7.50
*****IMPP Garbage trading now at 18 cents pre split level !!! - almost back to where it was before split
Glad I sold spin off and kept that money and wasn't stupid re investing it in IMPP
ENOUGH SAID
Still here - - watching in amazement at how inexpensive this stock is in relation to it's EPS+ status
earnings out end of month $$$$$$$$$ we rock before and after
anyone know when record earnings will be out??? thats all we need to get to above 4 $$$$$$
A real yawner for IMPP this week.
Guess the only time we'll see a price spike is after earnings
Keep on trolling
*****IMPP Garbage trading now at 18 cents pre split level !!! - almost back to where it was before split
Glad I sold spin off and kept that money and wasn't stupid re investing it in IMPP
ENOUGH SAID
ya but problem with divy is comes out of stock price which is terrible and should always come out of their bank not stock price plus u allow cochroaches to hop on
Cash in bank means it's not deployed working and results as a negative look. It's all about the stock price and return to shareholders. NAT has 16% divy to go along with with price appreciation. Know your CEO !!! Stock performance is telling you what Mr & Mrs Market thinks about IMPP and CISS (another Harry darling)
Maybe Harry's getting ready to pull the trigger on a new ship? Or new to us. Some big-ass super tanker. He must have a ton of cash. $CISS basically gave back their start up cash back to $IMPP and has a 1 year to pay-up bill.
nat doesnt have $8 cash or making 2.40 qrtr $10 share. earnings will get us back over 3 on way to 5 $$$$$$
Harry putting a screwing on you guys with his shell game of tankers.
Meanwhile look at NAT. A real
Tanker co.
EARNINGS THIS WEEK $$$$$$$$$$$ STOCK GOING TO FLY UP AND FRY SHORTIE
UP UP AND AWAY
OIL TANKERS R RED HOTTTTTT
ya 4 little while. we made what 2.40 last qrtr and we have $8 cash we will mk 10$ how much worth?
5 pe is 50
ya 4 little while. we made what 2.40 last qrtr and we have $8 cash we will mk 10$ how much worth?
5 pe is 50
*****Na ! I have said no where near enough ass clown - when you learn how to read fins /do DD and have sumptin intelligent to say get back to me
ENOUGH SAID
*****But not much of one since this garbage always falls back after earnings report
WHOOPS
ENOUGH SAID
Earnings as always been the catalyst for this stock.
OIL TANKERS RED HOTTTT. ONE CO GETTING OVER 80K DAY IN 3RD QRTR $$$$$$$$$$$$$$ STOCK WORTH OVER $10
i sold mine over $5. earnings will blast us off $$$$$$$$$$$$$4
33000 SHARE BUY. EARNINGS OUT IN WEEK AND WE ROCK N ROLL. $5 HERE WE COME, STOCK WORTH OVER $10
You have said enough here there and all your messages are dismal reminders of a low educated fart brain.......enough sad?
*****Yup ! me too ! but I was smart enough to no not to buy more IMPP over 3 bucks - hows that buy working out ? IMPP now at $2.70
LMAO
ENOUGH SAID
I'm so happy I sold my CISS shares over $4/share and took a good chunk of the proceeds to purchase more IMPP
Can I have normal stock to buy and make money
Please pm me
Another related party sale. The ship was sold to CISS. 10% down ($4.3 million), the balance to be paid in one year.
Likely the ship isn’t worth anything close to $43 million. I doubt a year down the road IMPP is going get anywhere near the balance from CISS. Maybe even some of the balance will be paid directly to the CEO since he seems to have some ownership in these vessels.
One big shell game imo.
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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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