iceflower
2022-06-14

$Imperial Petroleum Inc(IMPP)$


Factors to look into if your buying/selling /holding this stock [What] 

- existing holders exercised 31,150,000 outstanding Class B Warrants to purchase an aggregate of 31,150,000 shares of common stock for cash, at an exercise price reduced by the Company from $1.60 per share to $0.70 per share.[Smug] 

- Releasing of its first quarter financial report on June 14[Miser] 

( Seeking alpha stating that it's possible for the share price to rise as current quarter revenue and future guidance with increase new tanker acquisition)[Cool] 

- Plunging of "oil and gas storage and transportation " industry upto 4.59% yesterday[Facepalm] 

-US enter into bear market as fear of recession rises [sigh] 


Any suggestions if I should cut loss or continue holding this stock hoping that it will rise to 1.0??[Pitiful] 

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Comments

  • Nasbhai
    2022-06-14
    Nasbhai
    DCA anf accumulate. Oil not going down anytime soon. Bullish on this even if fed rate is increasing
    • iceflower
      but overall oil and gas industry over went down yesterday [Cry]
  • drandy
    2022-06-14
    drandy
    thanks for sharing 👍
  • TcsTcs
    2022-06-14
    TcsTcs
    it will come around
  • iceflower
    2022-06-14
    iceflower
    @TigerStars [Applaud]
  • AdrianTan
    2022-06-14
    AdrianTan
    Interesting take
  • BurnellStella
    2022-06-16
    BurnellStella
    Imperial Petroleum is going to be great. Don't give it up.
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