Atlantic Power Corp. (AT)

[TMFDeej]

The over-leveraged, unregulated merchant power company is a terrible business model. The segment is rife with bankruptcies. Atlantic Power's management and Board of Directors have not proven that they can competently manage this sort of company. The company should be sold off as a whole or in parts before this poorly managed mess loses even more shareholder value.

It is mind-boggling to me that more shareholders of this company aren't loudly voicing their complaints about Atlantic Power's incompetent Board of Directors both directly to them and in articles. They have been horrendous stewards of shareholder capital over the past several years. Something needs to change. As Albert Einstein said, the definition of insanity is doing the same thing over and over again and expecting different results. I would gladly support a change in the board in a proxy battle.

Jason