Gold bottoming at $2650, GDX/Explorcos UP! Except SGD...Something is not right here.
WTF is going?
So.... Scott has/had a good relationship with Chris Taylor, but for some reason, Chris went with FDR to become one of their directors.
My guess is, Scott (and probably his pops) didn't want to give up any control to manage how this company moves forward.
Watching today's action is kind of sad. Even that POS NFG is up, but SGD is down. Should have given Chris a ton of SGD options or RSUs, and let him lead the way forward.
Now this 10+ million plus MRE is left to flounder. Good job SGD team. I don't blame Scott. It's probably his dad that thinks he knows better than CT.
What a cluster f... for us retail.