Julian Day turns around Radioshack.

When it was first announced back in July of 06 that Julian Day would be the new CEO of Radioshack (RSH), the stock went from $13 and change to $17 in one day! I was saying to myself, "that's a lot of hype. Can one person make a difference in a company? " Granted, he was part of the miraculous recovery helping Eddie Lampert revive Kmart to become Sears Holdings.

Fast forward to now and it appears the same success formula worked yet again. Focusing more on profits versus sales by cutting the workforce and closing 506 stores & kiosk, has caused the stock to rise to $29.

Too bad I missed the boat. The morale of the story is to really do your research on management and it's ability to execute.

Cost-cutting boosts RadioShack profit