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Really? I wonder why.
Good luck today traders
That's the plan
I think most of these traders have exited prematurely, at a loss.
Hopefully they will all pile in at the same time and we will have a volume/price explosion
Looks like they are serious about setting the stage to get this thing moving again
Up another 8.7% and not a peep
AEI +28% yesterday and not a peep from anyone
I'm as happy as a pig in BAAAABL
I listened to the entire earnings conference call where shareholders, investors and hedge funds had their chance to ask questions and get answers.
It would probably be a decent idea for anyone here to do the same thing.
$7 - $8 by next earnings call
ENOUGH SAID!
This stock is trading at or slightly below it's previous resistance levels. I don't see too much in the way of selling but whoever is selling is most likely just bored of the stock not having elevated percentage gains on a daily basis and finds that their money would be better placed elsewhere for the short term. I am not in that camp. I sincerely believe that we are in a much better financial position then we were a year ago today and considering the fact that we have in excess of $80 million in cash, 12 tankers (10 of which are running at maximum capacity generating several hundred thousand dollars per day in profits), over $400 MILLION dollars in net asset valuation with ZERO debt...
This has the words WINNER written all over it
I wonder what it's going to take to get this moving again
Everything is a scam to some - until they are long
Yes with 12 tankers, in excess of 80 million in free cash, over 400 million in net asset valuation and absolutely zero debt. We are making several hundred thousand dollars per day in profits and no creditors to pay back. No share dilution necessary due to our heavy cash position
IMPP chart is still very much intact with decent support in the $3.40 area and resistance around $3.90
One thing that is for certain is that Imperial petroleum absolutely positively needs to hire an investor relations officer that is dedicated to shareholder concerns.
Looks like it will be a ghost town in here until we break up over $4 resistance
Then things will get a bit more interesting around here
IMPP is operating at PURE PROFIT due to being DEBT FREE
12 tankers, no debt, $400,000,000 NAV, $80,000,000 cash and no need to raise more cash via stock sales = $$$$$$$$$$$
What a disappointment this stock has been
Your figures could very well be accurate. I have not really been focusing on the two dry bulk carriers that were purchased. I do realize that shareholders were upset because Imperial Petroleum was getting outside of its main scope of business but I think these dry bulk carriers will be accretive to our business operations moving forward and the spin off will undoubtedly add to shareholder value.
Nobody can argue the fact that Imperial Petroleum is extremely undervalued based upon having in excess of $80 million in cash by now, $400 million in net asset valuation (and growing), 12 tankers in inventory operating at maximum capacity/profitability
....and ZERO debt
So there will be no need to raise CA$H by way of share issuances any longer.
Every single day, IMPP makes several hundred thousand dollars in revenues with no one to pay interest to any longer
That's pretty powerful
No one knows and Harry said it's sometime in June
Da Zheng Long Ding Honey
Lawyers and accountants say it's chopstick lickin' good
We have a 64 million market cap with 70 million in cash, 0 debt, 12 tankers in our fleet with a net asset valuation in excess of $400,000,000
Institutional inflows are coming
Let's bust through this $3.96 resistance and head into the $5 range this week
Sweet
Do I hear the beating of the drum to $4 today?
ENOUGH SAID
<Line> Dazheng Long Ding lawyers and accountants say honey better than 5G
Dick-Ram Blowver
So large that it'd be embarrassing to post
Is this company even still in the business of being tik tock's replacement if tick tock gets banned?
*whistling....
I just threw up
Asset valuation in excess of $400,000,000
Cash on hand of $70 million
Zero debt
CEO called the company a "cash generating machine", due to being debt free and he also stated that there is no need for further dilution due to our cash position
$4.00+ this week?
Good God
Enough Said!!!
Nearly $4 million worth of stock exchanged hands today.
And this is a relatively low volume day in comparison to that day where we traded 10.58 million shares on awesome earnings
Institutions are loading up for the mid to long haul
The IMPP chart is really shaping up nicely.
Beautiful stair-stepping pattern.
Profit taking followed by consolidation followed by small percentage moves upwards.
I personally don't know anyone that owns this at $1 pre-split
I own this in the 40 cent area pre-split
I have no concerns about this going much higher than where I own it
Enough said
Can't wait for us to cross up through that $5 level.
Net asset value of $400 million dollars
$70 million in cash
12 tankers
Zero debt
Enough Said
Is it Steve Irwin? I mean after all.. the stock is dead
Mmmmmm rice dumplings