Imperial Petroleum Inc. IMPP

If missed earning, this stock will dive sub $1

It is interesting how one city in China gets lockdowned and the global oil market goes down 7%. One in power can really manipulate prices.

How do you people know that this stock will go up with earning report tomorrow ? You have a magic crystal ball that tell you so ? No one here knows what earning report will look like. But we all know that huge earning miss with negative EPS and negative income were reported in 3rd quarter 2021.

IMPP will have to earn my money. Earnings will have to excel.

I will buy in tomorrow after earning depending on performance of IMPP.

any knowledge on positive earning tomorrow?

Tomorrow Danny

If IMPP missed earning tomorrow, this will tank and give us better position to start. I would wait:

Lately, negative earning = Dump
Positive earning = Dump

As a betting person, seems like there is zero chance for gain tomorrow after earning report at 6 am. A lot of people won’t be able to sell or get out of positions by that time.

If IMPP missed earning tomorrow morning, your portfolio will shrink another 20%. Do you want to take the risk ? Or just sit out and watch. You can always buy back in if market responds positively to the earning report.