Status quo - I don’t see any big SP movements in near termAlthough I wouldn't be surprised if I was wrong. IMO, S is already priced as a company in need of good luck (int'l markets and prices) and certain changes to succeed. That is, it is already priced for very poor results. This is why I continue to hold, as there is a chance that things turn around. Look at how much debt they paid off last time Nickel and cobalt prices were strong...
having said this, I agree completely with the posters who have issues with S management, and who identify problems with operating in Cuba (Helms Burton and others). For me, S is a risk worth taking as I think the payoff would be enormous if the stars align. It isn't an investment for everyone though.
JMHO,
mas85