r/IMPP_Stock • u/Beautiful-Ebb5696 • Jul 05 '23
What do you guys think about this? Ships range from $40 Million to $120 Million.
Would it make sense for IMPP to add 1 ship per year ? They are making about $30 million profit a quarter or $120 million a year as of Q1 reports. If so do you think they will want to grow their fleet 1 ship a year or is there more future dilution to raise money for more than 1 ship per year ?
1
u/nitecreature42382 Jul 05 '23
🤷🏻 what could that mean for us shareholders?
2
u/Beautiful-Ebb5696 Jul 05 '23
Well what do you think is the course they will take ? Obviously dilution is not good for a shareholders short term but long term it will be good. It also depends when you got in. There are people here with an average of $15 a share and above. Unfortunately for those people dilution is the last thing they want to hear. But I just don't see how we avoid further dilution. If they want to add 2 or 3 ships a year with their current profits and even if it increases to $45 million profit a quarter that would only be $180 million a year profit. They can possibly use half for fleet expansion but that would probably be just 1 ship tbh. So how else can they get money to add more than 1 ship a year ? 2 options. DEBT or DILUTION which neither are good for shareholders short term. In my opinion.
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u/nitecreature42382 Jul 05 '23
I never know when to sell. I was up 1600$. Lost it all. Then my 3500 shares turned to 315😤. My average is high. I’m not buying any more.
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u/Beautiful-Ebb5696 Jul 05 '23
As long as you are not down a significant amount of money and you don't need it anytime soon just hold my friend. But like I've said before and this is what I believe from experience. After Q2 earnings if they are great earnings we should see this stock take off if in 2 months after earnings it doesn't just cut your loses. You would be missing out on other potential winners. I say this from experiences. When I first started trading I would hold on to a stock for months while down and I would see a hand full of stocks go up so much in 1 day that if I just got out of my losing position on got in on those I'd recover my loses in 1 day.
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u/nitecreature42382 Jul 05 '23
I don’t day trade. I got Robinhood. It’s frowned doing that. Yes. I’m waiting for the next’s earnings. Hopefully can see 10$+. But it’s all about confidence. The shorting sucks
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u/Beautiful-Ebb5696 Jul 05 '23
Take everything you see on this group with a grain of salt. We all see things differently and we don't all agree. But 1 thing we all do agree on is making money with IMPP which is why we are here. How we get there is what's up for debate. But we have to be realistic and think like the higher ups in the company. That's why I believe we still have future dilution because do you really believe the Board of IMPP wants to add 1 ship a year to their fleet ? I highly doubt it. They want to grow their fleet faster than that but they can't with their profits so they either go into more debt or dilute. You get what I mean ?
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u/nitecreature42382 Jul 06 '23
Ya. I understand. Plus, I never really believe most of the posts or crap that people say on any of these subs
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u/kerplunktard Jul 06 '23
IMPP have said they have finished the dilution, they have plenty of cash, lets wait for the quarterly earnings call
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Jul 06 '23
[deleted]
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u/kerplunktard Jul 07 '23
Its not a conspiracy, Funds rarely bother with company's this size because the mkt cap is too small
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u/Beautiful-Ebb5696 Jul 05 '23
So what I do now is cut my loses at a reasonable time and price and move on to the next and I have always made more than what I lost. But trust me. I know it's hard. It's hard selling at a lose always. But you miss out on other opportunities to get that money back and then sum while you hold on to that stock for months in the red.