Lares Capital
Hedge fund manager, small-cap, long/short equity

Should Sterling Construction Company Be Given Another Chance?


"Betteridge Law Of Headlines" stipulates that a question in an article headline with a question mark should be answered "no." Usually, the author is not sure about the article thesis, or even suspects it's false, and wants to leave an "out" by questioning his or her own headline. For example, "Could a new miracle drug make you look 20 years younger?" (no!).

In a contrarian spirit, I will break this tradition and will argue that the answer in this case should be a "yes," despite a poor track record of the management overpromising and underdelivering as well as conveniently blaming its predecessors. After all, the payoff, if the management finally keeps its promises, could be tremendous.

The story of...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details