They have had a serious problem with their Riata Leads for some time now. They have had ample time to fix this issue that affects shareholder value. THEY SHOULD BE FIRED IMMEDIATELY and the BOD should set out fixing this issue immediately. Company operations has failed. The bOD needs to step in and roll heads.
I'll take it a step further - this stock is not at $55 because of the countless and embarrassing issues related to QC. This falls at the feet of the CEO (unless his tenure is subsequent to these string of embarrassments). Time to bring in new leadership or merge out. Somewhat pathetic their inability to get these plants up to spec. It's not like these are surprise inspections - seriously. smh.