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Aegean Marine Petroleum Network Inc. Message Board

  • buyacramer buyacramer Feb 4, 2013 3:50 PM Flag

    Cant believe investors give seekingalpha guy so much credit...

    His article is clearly wrong and written to further his own short position cause. He states the business fundamentals are deteriorating and ANW headed for bankruptcy. As the past like 10 quarters have shown, business fundamentals are improving with growing EPS and EBITDA. Also, you should look at the Bloomberg article published on Jan 1 2013, which reports 2013 will see record demand for bunker fuel with world trade accelerating.

    2013 is already starting off to be a great year for the macro global economy. ANW was already holding strong and growing earnings during the recession. They aren't going bankrupt in 2013 with accelerating global trade and strong financial fundamentals if they didnt go bankrupt in the past couple of years when business was atrocious and economies around the world were in recession.

    Can't believe investors would trust this clueless seekingalpha guy and cause ANW to selloff by 7%.

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