It's not really as bad as you try to make it out, probably a well timed exit for the new direction of the company. It is not as if he just dropped his bags and ran, as he is taking on other roles to assist the facilitation of implementing the new direction for the company. Probably what spooked the market is he is the largest share holder, however retiring doesn't mean he is suddenly going to dump all his shares. The market is mostly wrong and why there are such wild fluctuations, especially since retailers and social media groups have banded together. 1 person says sell / buy and the rest follow like a bunch of sheepy. It will be interesting to see if 13 holds though, if can find a bounce then it will most likely turn into a double bottom, I would not expect an immediate bounce, more a consolidation period before moving up. Of course there is always the other side and might continue to slide, but I feel quietly confident.
TOY Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
