RE:Employee turn over rate is huge.Comeondudee wrote: To many people in the office, not enough in the field.
Rig manager position completely useless. Separate the fluid division again and allow employees to concentrate on less equipment. Add more hands in the frac department during logistics rigging up process. Very simple process to be honest. Enough of this 5 man deep in a pickup nonsense. Allow employees to breath again.
Until this company realizes that it starts with their employees, this share price won't go anywhere.
STEP made a bad name for itself when they laid everyone off in 2020. They are still trying to rebound from that one.
Also, don't forget when they did a 5-1 reverse split with their employee right before the IPO came out. Robbery at its finest. This company needs to rethink their stategy moving forward.
I wouldn't touch this company as an investment opportunity until upper management figures it out first.
IMO
I want to see people in the office from 9-5 crunching numbers, singing "this is my chance" to climb the corporate ladder