Imperial Petroleum Inc (IMPP)

[Smilin_B]

Well .. I own a substantial amount of both $IMPP and $CISS

$IMPP I need about another 80 cents to be at break even in my Schwab acct and $1 or so in my other acct. It's been a long painful hold on that one due to dilution which obviously doesn't need to happen anymore based upon their cash on hand and that would only increase as C3is makes that final $38.7m payment in July.

There must be a reason why the Vafias family purchased shares of $CISS a couple of weeks ago. I believe that set tone for the bottom. Now we have support right around $1.50 and resistance at $1.75 which should clear relatively easily over the short term.

$CISS , in my opinion appears to be the better short-term swing trade and perhaps even a longer-term hold if we can get through that $2.50 area