Saturday, November 16, 2013 9:07:53 AM
To have a believable turn around, change, etc., there would have to be an admission to fault and a specific plan to address it.
No one is going to admit to fault, etc.
So far, and for years, investors have been lured by the potential of the shiny metal/alloy ( your point, I totally agree).
If Steipp stages a convincing turn around (soon), investors could just as easily forget about the past ( could avoid the admission to fault thing, etc.)
It seems to me that most execs are more interested in a big payoff, etc. if it comes at shareholder expense they usually don't care unless they get called out on it.
If an investment community looks and acts like pushovers, accepts what gies on, makes excuses fir co./management, etc. things could continue as usual.
I think Steipp should put a little more effort into convincing investors that shareholder value ( and stock price) are headed up.
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