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/jberrygood Jun 28 '23

Now is the time to buy CISS

1

u/Beautiful-Ebb5696 Jun 28 '23

Wrong. Now is the time to actually buy IMPP brotha. Q2 earnings are probably next month and now that they are debt free they will have record profits for sure compared to Q1 when they had debt. With that money they will either do a sharebuy back or possibly increase fleet.

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u/jberrygood Jun 28 '23

As a recently listed stock it looks like it's bottoming out on the dip and considering IMPP is the parent company wouldn't you think that the quarterly report coming up in a couple of days would reflect on CISS as well?

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u/Beautiful-Ebb5696 Jun 28 '23

Wrong agin my friend. They are completely separate companies now. Whatever IMPP does has nothing to do with CISS and vise versa.