% | $
Quotes you view appear here for quick access.

Aegean Marine Petroleum Network Inc. Message Board

  • youngm00lah youngm00lah Dec 3, 2012 9:15 PM Flag


    It get what you are doing. You are short a stock and then you go on a message board and lie about that stock. You have been getting exposed for not only your lack of knowledge regarding this stock but also general finance and even simple addition. Aegean is going to go bankrupt? The company has $667m in total debt. The company has $77m in cash, $7m in restricted cash (can be used to pay down debt), $200m in fuel and $567m in receivable (virually no bad debt expense compared to $7b in sales a yr). Thats $850m in liguid assets. Not to mention they own almost 60 bunkering tankers which unlike ocean going vessels still command strong rates and can be easily sold.

    The stock will goto $5.50 when they refinance, $7 when 4q12 spread/earnings easily surpass 3q12 #s and $15 as shipping rebounds and people realize the ridiculous impact that Fuairah will have on both free cash and margins. Cmon dog the gig is up

    It is easy to sound persuasive when you aren't bound by such things as reality and facts.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
10.39-0.07(-0.67%)Aug 25 4:02 PMEDT