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Imperial Petroleum Inc.II

Imperial Petroleum Inc.

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IMPP trade ideas

IMPP GAS / CARGO STOCKImperial Petroleum, Lowest float & market cap GAS stock on WEBULL. The webull readout said 3000% of the float was turned over yesterday on tuesday, adn then today another 3000% of the float was turned over. The company did an offering for 11,000,000$ underwritten for ships, cargo / oil shipping. With the war on Ukraine, this is exactly the type of stock I used to hedge for inflation and to help provide a means of production at the same time to reduce the cost of oil. My projection is neutral but long. 1.25 was our high of the day, with a low of about 1.03, targets are approximately 1.50 2.10 3.50. Short interest is 100% utilized, the borrowing fee is 100% annual. The float is 14,000,000 total. There is a small chance for a retracement to the .80s, but it would still be a good valued stock at these levels. OIL and SHIPPING will grow over the next 6 months I believe. it looks like shoulder 2 of a large Elliot wave.
NLong
by UnknownUnicorn3570385
$IMPP Target PT 3.75 and higherImperial Petroleum Inc., together with its subsidiaries, provides international seaborne transportation services to oil producers, refineries, and commodities traders. As of September 30, 2021, it owns and operates cargo fleet with capacity is 255,804 dwt. The company was incorporated in 2021 and is based in Athens, Greece. Imperial Petroleum Inc.(NasdaqCM:IMPP.V) operates independently of StealthGas Inc. as of December 3, 2021.
NLong
by BADQOMOCAWGOWLD
2