I'm also curious about the retrace and did a bit of research and came up with nothing. El Nino effects might impact the stock itself but I don't think that would be affecting the SP. Given there is no other obvious explanation I still think that it was a bit of profit taking. There is a fair bit of red in the market as a whole right now - so ?
Personal opinion only but I find no reason to be concerned, the business is good, the market is strong (and it is international rather than being purely localised), and Christmas should give the bottom line a nice boost. I'm happy to hold and see this as long term holding, in fact I'd look to add to my parcel at a certain price range if the retrace continued and it touched that.
TGR Price at posting:
$4.01 Sentiment: Hold Disclosure: Held