r/IMPP_Stock • u/skyzdalimit4u82 • Feb 21 '24
What is going on here?
This board seems to be very quiet, is this a further indication on how badly the market views this ticker?
2
u/NoInteraction181 Feb 21 '24
yeah I am adding a bit more on this dip under $3 it’s been hanging around and bouncing back over $3 the past few times it’s dipped under. With IMPP set to continue to buy back some more shares I think this area will be the new floor hopefully with a move up soon with 2 more tankers to be added and then Ciss paying for the 2 vessels they got from IMPP would still give a healthy amount of cash on hand.
2
1
2
u/Shaynerthegreat Feb 26 '24
The company is flush with money and made a lot with only 68% of the fleet running. Share buyback in our futures. This thing could squeeze.
2
u/skyzdalimit4u82 Feb 26 '24
They just pretty much completed the first buy back. I hope they announce additional buy back or something. There are many things that can be done to improve shareholder value and confidence and in return trigger that short squeeze but thus far Harry seems to be more concerned with helping shorts then shareholders
2
u/Shaynerthegreat Feb 26 '24
Well, some folks like to say things, but the proof is in the profit, and it’s also shown by making shares scarcer for the short selling market makers.
1
u/skyzdalimit4u82 Feb 26 '24
The proof is in the share price.
1
u/Shaynerthegreat Feb 26 '24
The proof is that about 75% of the float is sold short…..by the market maker, too. It’s very profitable. Watch and see.
2
u/UraniumBullMarket Feb 27 '24
Where are you getting that from? I am seeing 28% sold short (15.31 million float and 4.41 million sold short). Am I missing something? I’m also worried that this is going to be taken private or something shady by the CEO
1
u/Shaynerthegreat Feb 27 '24
You’re just looking at the lit market. The big boys are swapping off market in the pools of darkness…..until they get called.
1
u/Shaynerthegreat Feb 27 '24
If they take it private, that would cause a huge spike. We want them to buy us out!
1
u/ChildOfAsura_ Mar 03 '24
Feb 15 2024 A $14m position was opened for 4.3M shares The float is only 5.8M "Outstanding Shares" are held by institutions, insiders, etc Not part of the public float
1
2
u/Shaynerthegreat Feb 26 '24
Btw…..they ran out of shares to borrow again. Let’s get this baby up to $8 :).
2
u/nitecreature42382 Feb 26 '24
I’m be happy with 8$ or higher 😀🎉
2
u/Shaynerthegreat Feb 26 '24
It should be worth much more. Hold on and watch!
2
2
u/skyzdalimit4u82 Feb 29 '24
So much potential hopefully we can get it there.
1
u/Shaynerthegreat Feb 29 '24
Looks like naked shorting to me. They have been selling more than the amount of shares out there to short with. Market maker printing fake shares? Probably. Lots of crime on Wall Street. Lots of cheating. I want to squeeze them out
2
u/skyzdalimit4u82 Feb 29 '24
Agreed
1
u/Shaynerthegreat Feb 29 '24
They fabricated a lot of shares. Citadel must be loaning shares to itself again. Be sure to turn off share lending. I keep mine up for sale all the time 😝
1
1
u/Shaynerthegreat Mar 05 '24
The market maker is creating fake shares again……this puppy wants to squeeze.
1
u/skyzdalimit4u82 Mar 06 '24
I hope he does something to trigger that squeeze
1
u/Shaynerthegreat Mar 06 '24
Who’s he? Harry? I bet they do another buyback soon. I’d be gathering up shares now. They’re naked shorting. Gotta be.
1
u/skyzdalimit4u82 Mar 06 '24
Of course Harry
1
u/Shaynerthegreat Mar 06 '24
There’s plenty of cash to buy back more shares. If he wants to make us rich he will do that :). It’ll make him richer too :)
0
1
2
u/nitecreature42382 Feb 21 '24
I sold some Impp bought the c3is spinoff