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Global Partners LP Message Board

  • jillbowels jillbowels May 13, 2012 9:46 AM Flag

    OUCH! Earnings

    Wow, earnings not too good.Pretty soon you`ll see earnings estimates being lowered for the next few quarters and year.Already lowered a little in past week.I think distribution will be cut.I`m guessing a quarter.Stock will fall to $15? Long term (in a year or two) I see good things.I gotta say, with this management they are ALWAYS trying to do something to improve the company.Now, unfortuneately, it has caught up to them.Pretty soon they will buy something else. Once this company fires on all cylinders they will be a powerhouse.It`s just going to take a little time.

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13.58-0.05(-0.37%)May 27 4:02 PMEDT