Quote:
Originally Posted by tazdmb
Yes, PSA is a subsidiary of Collector's Universe-a NASDAQ publicly traded stock that is up for the day
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The stock is currently up as you said. Let's face it if SGC were a publicly traded company the shares would have gapped down 40% on this news.
To the person who suggested employees may own shares. That is probably true. But just like I work for a bank and could own shares in it, I am not the principle owner and have no ability to control what goes on at the company.
A far cry from the actual owner of a private company who directly calls the shots.