The first quarter transcripts really put the bull in Trumbull. I expected the results to be down because the the economy but their mismanagement has exceeded my expectations. Disappointed to see that Stone and Sengstack don't have a clue either. Utilization of Linares (LinAris) is improved or is the biz so far down they have unexpected excess capacity?

Why are we talking about cost savings commodity prices have been declining for a year now? What about the global realignment? The real question is whats taking so long? Who is running operations??

It appears that they fumbled the strategy on taking on the pump giants. The acquisitions appear to be having little to no impact (maybe even negative) on earnings. The only bright spot is fueling which was essentially ignored by Trumbull and his henchman thus they have succeeded. Hey maybe the guys running fueling should take the reins for a while!

So suffice to say I am not Trumbullish on FELE.