Imperial Petroleum Inc (IMPP)

[Smilin_B]

Yes that's the support level and we have retested the $3.60 resistance level a couple of times on fairly high volume I may add.

This means that there are millions upon millions of shares owned substantially above $3.20 - $3.50's and that bodes well for the shares moving forward. I'm just holding on to my position. I will not be adding in the event that support is breached to the downside. This company has enough cash, especially after that last offering and I honestly don't think they wish to perform another capital raise via tapping the equity markets. But stranger things have happened. Like you said, this is a Greek shipper and this CEO has been known to do shocking things to disrupt the upward trajectory of the stock
.