The reasons most companies fail is not because they know their industry, that generally is a given. Why they fail is management and to a lesser extent financial (but that is also due to management).
Own both stocks, WGO and STX, however sold out 50% of WGO and out into STX when prices were similar. Saw the writing on the wall with this management team. STX shits all over them in regard to management.
Sometimes you need to park your ego and do the right thing. This isn’t the biggest dick competition. WGO management are borderline incompetent.
WGO Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held