Now, there's more value to be unleashed.

Millennials are more aware of society's many challenges than previous generations and less willing to accept maximizing shareholder value as a sufficient goal for their work. They are looking for a broader social purpose and want to work somewhere that has such a purpose.

Mack has quietly embarked on a restructuring program that should improve profitability and create substantial value for shareholders over the next two years. One wild card catalyst is a potential purchase or merger of equals.

the securities that were deposited ... were essentially of no value.

They have a new management team in place that I'm hoping is going to flesh out the value of the brand and rebuild their business lines.

Finally, strategy must have continuity. It can't be constantly reinvented.