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Alias Born | 02/05/2008 |
Friday, May 10, 2019 11:10:06 AM
"Buck" have had plenty of blunders in the past,at least he tried and thought he was thinking outside the box;it just that his strategy was so amateurish,all his past ventures ran aground except the rail/tool brokerage.
What is important going forward is he circled his wagons(rid of non-performing assets),regrouped,brokerage business only,persistent operational improvement,and positioned the company to fight for another day.No promises.
I am certain under performance of the brokerage business model was not self-inflicted,and rather due to horrific macro environment of 2015/2016/2017,he had no control of;now the worst is over and high calorie-coal is the king,"green shoots" are the coking coal,and the miners of Appalachian region are the biggest benefactors.
Summary:
I believe "Buck" learned his mistakes in the past,and most importantly he has learned the discipline to "SIT-TIGHT" and FINE-TUNE his brokerage business,without more blunders,and at the same time the tide/macro has turned into his favor.BIG TIME.
Hope:
Armed with CHARACTER,DISCIPLINE,"SIT-TIGHT",PERSISTENCE,plus TAILWIND,guess how strong his punch/offensive can be!Look to the future my friend.
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