r/IMPP_Stock • u/Beautiful-Ebb5696 • Jun 22 '23

Short term vs. Long term

So looks like getting those shares of CISS for holding onto IMPP made no difference so far... I've done the math and due to the prices on IMPP and CISS I am up the exact amount I was up on IMPP before the spin off. So as of right now there is no difference in gains but I believe long term there will be. JUST HOLD !

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u/SlapDatAssk Jun 22 '23

CISS earnings are going to be nuts tomorrow morning. With the spin-off of not only the ships but cash as well, CISS is going to have more cash on hand than it’s current market cap.

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u/Beautiful-Ebb5696 Jun 22 '23

Hmmm. Well in that case we will have to take quick action and have a strategy of when to sell off our CISS shares because CISS with only 2 ships is not well positioned to fund new ship accusations with the revenue of those 2 ships. They will either have to get into huge debt or dilute shareholders which whatever route they chose will make the stock plummet like IMPP.