Aegean Marine Petroleum Network Inc.  (ANW) Trade Now »     Rate ANW  -  Discuss ANW  -  Add to Watch List        

After last quarter’s earnings report I put forth the opinion that Aegean Marine Petroleum Network (ANW) had a stock price somewhat high in relation to earnings growth. Since then the stock has fallen from the low $40s to the low $30s. I do not know if it was my astute analysis or just crappy market conditions.

Beam me up Scotti! Wouldn't it be nice to beam up a 100 million metric tons of coal, steel, wheat, copper or any other commodity from here to say China, or India, or Brazil? Well, technology is not there yet! The way this stuff is transported from producers to consumers overseas is mainly by huge ocean going vessels, marine tankers and they are busy these days carrying over huge amounts of every commodity to countries where demand is outstripping supply as every day goes by.