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Fridays trading action was very odd.Wonder if was a short covering from last years runup or somebody getting cheap stock as an incentive.
The board seems dead right now. The guy who bragged about his large position seems to have sold since he has disappeared. Lightened up my position around 185 but will rebuy again if it gets cheaper. Not sure when the app will come out at this point as it seems one delay after another. I have done well here trading it and would like to see another run to 7.
Is anybody still alive on this board as stock gets cheaper every week
The more I think of my last post a few minutes ago, all I can add is...............HEH! HEH! HEH!
UNG fund of MGLD's subsidiary reaches $1B in total net assets
https://www.uscfinvestments.com/holdings/ung
Only USO has a higher net asset total.
Some of the fees collected by the subsidiary are based the average net assets of the funds.
$MGLD $UNG $USO
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Hey, February 2nd is Groundhog Day. I don't know how you board readers celebrate this, but if the famous Punxsatawney groundhog sees its shadow tomorrow does that mean SIX MORE YEARS of your hoarding of MGLD shares?
HEH! HEH! HEH!
Seems like MGLD has a few folks that are trying to avoid their past. Who could they be?
Can anyone enlighten us?
Timmy's in Charge. The Marygold Companies Names Timothy M. Rooney President of Fintech Subsidiary - Marygold & Co.
https://www.businesswire.com/news/home/20230119005111/en/The-Marygold-Companies-Names-Timothy-M.-Rooney-President-of-Fintech-Subsidiary---Marygold-Co.
Will Marygold & Co come to him, or will he have to settle for a rocky mountain high?
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I'm happy to see the closing price of MGLD today, but I don't celebrate ANY up move to a company with a new subsidiary not yet backed by up by its own individual track record.
May I point you to a line near the bottom of the article's Forward Looking Statements that says the following: "ZSB is new and has no operating history."
All USCF has succeeded in getting right now with this new subsidiary is about 3 million raised to throw at something that is only in the idea stage. Way too early to break out the champagne.
This submission of this article seems to be the typical M.O. of anyone looking to spike the ball while they still have 99+ yards to go for a touchdown. I believe I touched on this same subject last night, so if this was the answer to what I said,........well, as the saying goes........ "good luck wit dat."
I'll save the Dom Perignon 2010 for another night yet to come.
$MGLD Subsidiary Announces Launch of USCF Sustainable Battery Metals Strategy Fund (Ticker: ZSB)
https://finance.yahoo.com/news/uscf-announces-launch-uscf-sustainable-140000905.html?.tsrc=fin-srch
NYUK! NYUK! NYUK! and a good night to you all. Please let us know if you have some more news to bore us with tomorrow
ZSB fund may have an initial NAV of $2.49m but at the real end of the day's trading (not meaningless pre- or after-market activity) where is the stock uptick you spoke of? I've made several prior mentions of this kind of posting that is nothing more than positing baseless enthusiasm over minutiae.
Let's have less celebrating now, but more astute and patient overall consideration of MGLD as its far-flung moving parts have the necessary time to coalesce. This mature approach will giving us the fulfilling and substantive "upticks" that truly count.
Yet another proposed fund from Marygold's subsidiary, ZSC
Filed Jan 10, "USCF Sustainable Commodity Strategy Fund, NYSE: ZSC"
Initial $2.49m Total-NAV, ZSB fund from Marygold's subsidiary
NAV and share price even uptick on first full trading day.
Jeez, nobody on this MGLD board but me now. Has everyone gone on vacation? Be honest with me, was it something someone said? Just as we were becoming so close and dear to each other as regular board chums, someone had to go and drive us all apart. Is that what happened? Help us solve this mystery.
I'm waiting for the earth-shaking result of Marygold's Jan.4 launch of USCF's ZSB to manifest itself at any moment now.
ZZZZZZZZZZZZZZZzzzzzzzzzz. Snore!
Its a better read when re-written this way:
Gee, a spread of $0.29 between today's MGLD low & high for the day. Tell me, does anybody who owns this stock still erroneously think THEY'RE THE ONES who are truly in charge of where these prices go? And all this on roughly only 8,800 shares traded?
Time to get real. None of you personally can buy enough MGLD without pushing it into orbit, and you can't sell enough without letting it sink through the cellar.
This then is the quintessential stuck-in-a-no-man's-land scenario. All this while additionally being totally at the mercy of the MM's whims dilemma that the greedy and hoarding MGLD shareholders have allowed themselves to be imprisoned in.
Better?
Gee, a spread of $0.29 between today's MGLD low & high for the day. Tell me, does anybody who owns this stock still erroneously think THEY'RE THE ONES who are truly in charge of where these prices go? And all this on roughly only 8,800 shares traded?
Time to get real. None of you personally can buy enough MGLD without pushing it into orbit, and you can't sell enough without letting it sink through the cellar. This is the ultra-stuck, in a no-man's-land, totally at the mercy of MM's, that the greedy, hoarding MGLD shareholders have carved out for themselves.
Ready to launch January 4, Marygold's subsidiary USCF's ZSB.
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And while we're on the subject of hoarding MGLD, let me ask ELAL7474 if by now he has at least several storage facilities full of shampoos and soaps accumulated from his hotel stays since 2010. BTW, Jason Alexander sends his regards!
LMAO! NYUK! NYUK! NYUK!
It'll soon be 2023. I want to wish all the MGLD shareholders a prosperous New Year.
And when it comes to DrD and ELAL7474, I'll bet that one of your key New Year's resolutions is to miss as many opportunities to liquidate your MGLD stock in 2023 as you did in 2022 and earlier.
Just keep strictly buyin' and only hoardin' them shares as you keep hopin' and a'prayin' that MGLD will someday finally get to that imaginary $20 per share goal you all have in mind so you can finally sell while you're still alive.
Deeply note and take as gospel my posts concerning the consequences looming due to any "painting the tape" and/or "marking the close" with regard to the timing of the purchase of MGLD shares.
Like I've said earlier concerning MGLD, from this point on should I see any more of that of which I spoke, I will just take the necessary reporting actions to those in authority who take the same dim view of it as I do.
SCHMAZEL TOV, MEIN SCHMUCKS!
HEH! HEH! HEH! HEH! HEH! HEH!
Well, its nice to see that somebody read my MGLD post from last night. I hope it had meaning for all concerned.
The last thing I would ever want to do is offend our personable MGLD posters, step on anyone's delicate feelings or be the cause for them to at last think about doing something right for a change.
Check out this rather dated but certainly supportive article on CNCG/MGLD as an investment. It brings together a lot of good points we already know of rolled into another overall informative and positive perspective.
https://www.benzinga.com/money/is-the-marygold-companies-a-good-investment
Of course it is always a boost of confidence to see from Fintel that the Nicholas & Melinda Gerber Living Trust still controls 45.21% of the MGLD shares, while Sheila Gerber still has in hand 8.08% with her 3,183,929 shares. Collectively that's 53.29%, which is a total that indicates one hell of an impetus to pursue self-success, thus carrying us and especially ELAL along with it.
The Institutional Ownership figures of MGLD, also individually available from Fintel and which tell the story I referenced earlier today, are still rather stagnant, I see.
What I just posted about MGLD news updates are important points and questions all of you should be concerned with, not just myself. Dig deeply into what is brought to your attention especially when it come to matters of finance, and ultra deeply when it comes to matters of financial decisions made from sources on message boards like these.
Is this not tantamount to what I have been saying to you about MGLD all along? Don't just blindly accept what anyone tells you here. I'll be doing my own research into these matters and so should you. I have way too much respect for capital to just throw it in the direction of where others are throwing theirs.
I'll openly back what I feel is a winner like MGLD as I have here, but it is always done reservedly and strategically based on verifying the information available to me along with being fully mindful of how best to increase or decrease my exposure via trading my holdings.
Folks, I'm always conscious of the fact that I'm constantly in the risk management business in whatever I do, which is a mindset that I do not always see perpetuated here.
Two brief and worthwhile posts on MGLD from DrD. Just the kind I like to see.
Now, before we get too carried away with the news that some well-known investment titans like the Royal Bank of Canada, BlackRock, Morgan Stanley, UBS and Wells Fargo are now MGLD shareholders, let's first find out at what level these companies have decided to participate.
I brought this point up several weeks ago when it appeared at that time that we had at least one big company who had bought a few thousand or so shares of MGLD. I subsequently posted that a minimal purchase like that proved that the firm wanted only to "gargle" with their foray into MGLD and not really authorize the swallowing of a significant amount.
So I say again, let's sometime see the actual numbers involved as proof of their real commitment, or lack thereof. I would also like to know if the company in question who bought the meager number of shares a few months ago has decided to risk the capital necessary to increase their position since then.
Marygold & Co web site with timely updates
https://marygoldandco.com/
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The Royal Bank of Canada, now an MGLD shareholder
The Royal Bank of Canada, (The largest bank in Canada by market capitalization, https://en.wikipedia.org/wiki/Royal_Bank_of_Canada )
OHC
Other big institutional names with MGLD positions:
Morgan Stanley
Wells Fargo & Company
BlackRock Inc, (The world's largest asset manager, https://en.wikipedia.org/wiki/BlackRock )
UBS Group AG, (The largest private bank in the world, https://en.wikipedia.org/wiki/UBS )
https://finance.yahoo.com/quote/MGLD/holders?p=MGLD
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At least we know the open leadership position available at the home office. It should now be apparent to anyone who fancied themselves on the MGLD board as to why QUALIFICATIONS are required for a high-level job within any corporation.
If raw desire alone is the sole prerequisite for that or any other board position at MGLD, they probably should just as easily consider promoting the janitor.
I presume you are not surprised at all. RIGHT!!!!!
Marygold_&_Co leadership page updated, Chad out David in
https://marygoldandco.com/leadership/
https://www.sec.gov/ix?doc=/Archives/edgar/data/1005101/000117120022000363/i22500_mgld-8k.htm
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$1.12??
And you guys were proudly bragging here about how you were such staunch gobbling buyers of MGLD at $1.40? That's why I used the phrase "buying mouth over fist" with you folks.
You wouldn't listen to me when I advised one and all about being cautious since we just might see these better buying times we have before us now.
We also need to get more of the usual Boolah-Boo from ELAL BUNDY. No one makes us feel better being associated with MGLD than someone who has a PhD in Bizarre Personal Financial Management along with the kind of cliffhanger money advice we see from him here.
With that said, anyone who is in up to his eyeballs in MGLD shares and still buying mouth over fist is worth watching at least for the entertainment value and end result of greed at its best.
Gee! Sudden down-swing (742 shares traded) in MGLD volume today. Using last week's analysis, it must be what, uh,................ more insiders giving up? non-bargain hunting sellers? Tax write-offs totaling about what, uh, $900?
Could hit a monthly lack-of-interest lull soon. We need to see some more MGLD hyperlinks to give us that old Holiday optimism plus a good dose of the usual ersatz pep talk-like commentary.
Yeah! That'll do it for me! You bet!
Sudden up-swing in MGLD volume today, more insiders buying? bargain hunters? tax write offs?
Could hit a monthly volume record today.
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No news on new board members in MGLD PR
Was anyone new even nominated? Any shareholders attend the meeting?
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A very vanilla company report as I expected. Take the long view in however you play MGLD since it will most likely be solely news-driven via the quarterlies from now on. Fresh news or future acquisition announcements may or may not move the needle. Remember that any takeovers will also cost money and may not necessarily be immediately accretive to earnings or improve shareholder value, which I'm fairly sure will come in time.
As I stated, get used to taking the long view on MGLD. If you desire quicker daily results you may just have to do as I do and trade other faster-moving stocks, stock options or indices, your finances permitting, of course.
Company Remains Profitable, with Strong Balance Sheet
BusinessWire story on latest MGLD earnings
Nicholas Gerber, TMC’s Chief Executive Officer, said, “Our multi-operating unit strategy is working and producing profitable results for our shareholders.
https://www.businesswire.com/news/home/20221114006032/en/The-Marygold-Companies-Reports-Financial-Results-for-2023-First-Fiscal-Quarter/
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With what I just said, who from this MGLD forum, could rightly think they qualify to be on a board of directors who are already light years ahead of them in so many aspects of business acumen and more importantly, personal maturity?
Beautifully stated company Plan of Operation. Knowing what we already do about MGLD, doesn't this plan's simplicity and clarity underscore the kind of confidence we've always had?
MGLD, Plan of Operation for the Next Twelve Months
Our plan of operation for the next twelve months is to apply necessary resources, which may include experienced personnel, cash, or synergistic acquisitions made with cash, equity or debt, into growing each of our business units to their potential.
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Original Sprout is transitioning from a largely boutique offering distributed through specialty wholesalers to a more mainstream product available at traditional outlets and online and as such we anticipate measurable growth in revenues for the coming years, though there may be one-time initial expenses associated with the launch of new sales channels.
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We are expecting moderate growth in Brigadier through focused management initiatives and consolidation within the security industry coupled with expanded product offerings.
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We expect Gourmet Foods to be operating more efficiently under current management and continue to increase market share through additional product offerings and channels to market, including the printing and sale of food wrappers by their subsidiary, Printstock.
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USCF Investments expects to continue development of innovative and new fund products to grow its portfolio. In addition to our long-term mission that is an acquisition strategy based upon identifying and acquiring profitable, mature, companies of a diverse nature and with in-place management that produces increased revenue streams,
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The Company is also focused upon building expertise and developing Fintech opportunities in the financial services sector through its development stage subsidiary Marygold and Co.
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In a more general sense, the Company is characterizing its business in two categories: 1) financial services and 2) other consumer-based operating units. The purpose is to isolate the cyclical, and sometimes volatile, nature of the financial services business from our other industry segments. As revenues from financial services fluctuate over time due to varying performance of the commodities markets, our other operations are expected to be stable and sustainable by comparison.
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By these initiatives we seek to:
Continue to gain market share for our wholly owned subsidiaries’ areas of operation.
Increase our gross revenues and realize net operating profits.
Lower our operating costs by unburdening certain selling expenses to third party distributors.
Have sufficient cash reserves to pay down accrued expenses and losses.
Attract parties who have an interest in selling their privately held companies to us.
Achieve efficiencies in accounting and reporting through adoption of standards used by all subsidiaries on a consistent basis, strategically pursue additional company acquisitions.
Explore opportunities as may present themselves in the Fintech space, including the launch of services by Marygold and Marygold Advisory Services, and the creation of new corporate entities as focused subsidiary holdings.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1005101/000143774922027284/mgld20220930_10q.htm
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Wow! Whaddya know, no one liked my MGLD board joke!
Well, Nyuk! Nyuk! Nyuk! to you all again and BLEEP! you very much.
Having now been fully wised up as to where and in whom I should put my trust, I think it is best to relegate to a sort of permanent Siberia, anyone here who, out of a sense of misplaced aggression or bitter revenge at any time in the past, has threatened to hurt CNCG/MGLD in any way.
Consider it done.
Without wanting to engage this person I addressed below any more than necessary, there are those who would like to know just what was meant by this not-so-veiled reference to a "Sheila" with supposedly 3.1 million shares of MGLD. Also, clarification is requested about calling her an "insider" and a "relative"
This whole matter seems to be a bit of a mystery to folks who count. Please give us all a brief and concise explanation with due honesty and without the spinning of any tales.
Re: None
Thursday, November 03, 2022 1:56:07 PM
Post# of 3483
Samuel, several posts ago you made reference to a "Sheila" with 3.1 million shares (5%) of MGLD being missing from the float totals. You used the words "relative" and "insider" with regard to her. Can you more fully explain what that all means with relation to you and MGLD?
Thanks.
I do believe with what I have gathered from signals made here on this MGLD forum that it is definitely time to "fold 'em" and not "hold 'em" on anyone's aspirations of being on the company's board.
I'll now hit the "Submit Post" button.
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