Marygold Companies Inc (MGLD)

[DrD]

themarygoldcompanies.com/ copyrightrighted

Seems that Monday's spectacular earnings report hasn't yet made the news page.



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[streetwise2021]

I would like it to be noted by you MGLDers as to WHY I never held on to my CNCG shares during the times when those shares spiked on exciting and newsworthy company press releases by as much as 20+ times more than what I paid for them.

First of all, there were times during the middle years when CNCG changed its business model several times in trying to find itself. Because of this, its stock price fluctuated up and down. As these fresh business model announcements were made there were dramatic upturns only to be followed by troughs where CNCG was trading for much less than half a cent. That fact will also tie in directly to the CNCG reverse splits I referenced last night here on my posts. Follow along.

I had the overriding thought that if CNCG was going to really make it as a viable company, it could not do it with eight or nine figures of shares either issued or not as found in its filings. I knew that at some point they would have to reduce the number of shares to create the value needed to propel them upward or forever stay on a pink sheet. Its only common sense market economics.

With this fully in mind, I luckily was out of all CNCG in March, 2014 and stayed out, thus avoiding all the reverse splits. I count this decision as one of my many blessings. I had/have too many other things to trade to allow myself to go to the well one too many times. I did not get back in again to CNCG until it was less than a dollar and above following the post-splits.

And as you know I got completely out of MGLD (formerly CNCG) on the morning of March 11 of this year in yet another serendipitous liquidity event via the NYSE uplisting news. As of now I'm again in a cautious bargain-searching mode with MGLD.

How the directorship of CNCG at that time in the earlier 2000's could let things get so far out of whack with printing/authorizing so many shares is inexcusable. The ensuing reverse split moves harmed so many other trusting people by having their investments disappear.

NOW perhaps you understand a bit more about the severity of my words directed at them here last evening.

[streetwise2021]

I have one more thing to add to what I just posted:

When MGLD Mssrs. Gerber, Neibert, Yu and whoever else is still around from that era can summon the courage and have the stomach to address the older stockholders I referenced who suffered through a combined 1-for-300 reverse split debacle with their CNCG holdings and then be willing to offer THOSE folks specifically a heartfelt explanation and apology in appropriate humility, then at that point they might start to look like the kind of men they would like us to believe they are.

Care to try, gentlemen?

[streetwise2021]

At the end of paragraph #4 of MGLD's most recent quarterly release (see DrD's earlier post for the sec.gov report), Nicholas Gerber says: .......To those shareholders who have been with us since 2002, thank you for your patience.”

All I have to say in response to his expression of gratitude is: "No need to thank me, Mr. Gerber. CNCG/MGLD has made me a lot of money at various points. Yes, I've most surely been with you since the 2000's during the times when it was right to BUY CNCG/MGLD, and I've most definitely not been with you during the several times when it was in my best interests to SELL.

I will however accept your gratitude on behalf of those poor, faithful, supportive and long-suffering shareholders who did not know the importance of, nor did they have the necessary foresight or experience to know when to properly employ EITHER STRATEGY."

THOSE are the ones who suffered huge capital losses from the 2 big reverse splits you authorized. THOSE are the real ones from whom you and the rest of the CNCG/MGLD directors should seek forgiveness for your actions.

[DrD]

Quarterly earnings still positive, could be better, other projects pending

Total assets continue rising.

Stockholder's equity increasing.

The Company remains essentially debt free.

Marygold fintech services pending launch in US. Launch in UK to follow.

Tiger Financial acquisition still pending

New commodity funds at USCF pending launch

https://www.sec.gov/Archives/edgar/data/1005101/000143774922012673/ex_376247.htm

$MGLD
https://themarygoldcompanies.com/




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[DrD]

USCF's Battery Fund still waiting for launch

Today's filing delays this one into June.
https://www.sec.gov/Archives/edgar/data/1597389/000117120022000247/i22306_etf-485bxt.htm

USCF's ESG Dividend Income Fund still pending too
https://www.sec.gov/Archives/edgar/data/1597389/000117120022000035/i22061_etf-485apos.htm

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/




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[streetwise2021]

In the spirit of being totally fair concerning BOTH sides of issues involving MGLD, did any of you see at the top right of the I-HUB MGLD log-in page that for roughly the last 4 days MGLD has hit a downwards 5-year price breakout?? Now, THERE'S news worth sharing with ya!

But, my God in Heaven,......why didn't someone we know already stay true to form and copy that very news item here that underscores this as a truly relevant MGLD issue? What happened? I was hoping they would have beat me to it tonight, but nary a peep so far.

In any case, don't lose hope, you MGLD diehards. See if now or at a still lower level is conducive to adding to your positions, if you have a mind to. Right now the "Old Walkdown Routine" with MGLD is holding sway as usually happens with these lower priced stocks.

I have my own game plan as well as my trusty stock playbook to refer to. You should have yours. We'll get our sizable jumps in time.

[DrD]

$USO NAV ready for another dash over $3B level

USCF $USO
https://www.uscfinvestments.com/uso

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/




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[DrD]

$UGA NAV breaking records again, second this week

Setting up for continued high earnings going into next qtr.

USCF $UGA
https://www.uscfinvestments.com/uga

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[streetwise2021]

I hope that you MGLD folks cannot help but see the tremendous diversity available as the markets boil with opportunities to be either long/short daily on specific stocks/ETF's or via their corresponding option contracts.

MaryGold Companies should not be your only concern. It isn't mine and will never be. Look you MGLD people, broaden your knowledge and then you'll be on this board solely as a bit of momentary evening diversion or recreation after a successful market day foray like I am. Then you'll be living La Vida Grande as we all wait for MGLD to rise instead of just following a few posters here who seem to be doling out highlighted links for the purposes of maybe only pacifying themselves? You tell me how you feel.

Think about it, you MGLD amigos!

[DrD]

USCF's $UGA NAV now at a multi-year high

$UGA
https://www.uscfinvestments.com/uga

USCF is a subsidiary of MGLD.
Several funds from USCF have reached new highs over past few months.
A big piece of MGLD's earnings come from USCF. As the total NAV rises on each fund so do the collected fees..

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/





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[streetwise2021]

Let me add that if it is any of you MGLD stakeholders who are part of this board and are selling your shares at this point, please tell me WHY???

Good night. See you next week and a Happy Mother's Day to all of you muthas.

[streetwise2021]

Picked up another 53,000+ MGLD shares in the last three days between $1.21 to $1.27. I did this to lower my cost average per share to $1.415, which is reasonable.

Not sure if MGLD will break below the $1.20 price point, but I am cautiously ready if it does. Yet, there is no pressing need for me to buy more even at lower levels. I don't mind holding a decent six-figure number of MGLD shares @ $1.415 considering all the factors.

Anyway, I don't cross or refuse to cross bridges that are still on the horizon.

BTW, is it any of you readers here that are doing this selling?

[streetwise2021]

Don't the MGLD faithful have anything to say this week? Gee, I take a break from I-HUB hoping to find the usual amount of fresh postings that I can either support or challenge, and there's NOTHING? I'm mildly surprised.

Good thing I had a tremendous up day and liquidated after Powell spoke following the Fed's decision to just do a 50 bps rate hike instead of the 75 bps the market was fearing.

I didn't even make as much as I could have made since I was out when the S&P was up over 100 points. Over 120 points at one point later was unreal! However, one would have to have been a fool not to take the profits such as I had staring me in the face on the SPY that I frequently trade up and down.

Anyway, tonight I'm resting my financial warhorse in the barn and we'll be ready for fresh trading battle tomorrow as I take the pulse of what "the day after" effect has on the market.

Hope you MGLD folks had some nice profit-taking events with your other holdings during all this afternoon action today.

Well wishes!

[majestic14]

I was only joking because of the frustration of silence from the company,knowing from my own research how much is going on behind the scenes.I know Roger(the current IR spokesperson)has handcuffs on on what he can release.The AUM are out there only if somebody wants to research on there own knowing how well USCF has been doing.Also all marketing on the new Marygold App came to a complete stop at end of year when it had a few hiccups.The YouTube videos were very impressive even though they are old right now.Im sure things will be in full force in the coming weeks/months and anybody buying at these levels will be very happy.

[streetwise2021]

majestic14, concerning your input that any particular person who posts on this MGLD board should be hired for an Investor Relations position within the company itself needs to be thought through a little more.

Just being a staunch internet investor site supporter of a company doesn't necessarily qualify one for the manifold responsibilities that go along with that job. From my own corporate experience I can tell you that virtually everyone hired within any company wouldn't be there in the first place if they didn't like or endorse their employer.

With that said, the Investor Relations position in MGLD or any company requires that the person(s) occupying that space possess a balance of qualities and training that REFRAIN from being enthusiastic about their company's potential.

From personal experience I can tell you that the set of SEC and corporate protocols that must be strictly followed during the fine line Investor Relations people must walk when speaking to current or potential investors would, in all honesty, probably disqualify us all from that position.

I think that the individual you referenced would probably agree with what I've said but no doubt feels complimented by your comment on their behalf.

[DrD]

Marygold launch by June? Income be heavy soon...

"Marygold & Co., a newly formed U.S. based company, together with its wholly owned limited liability company, Marygold & Co. Advisory Services, LLC, (collectively “Marygold US”) was established by the Company to explore opportunities in the financial technology (“Fintech”) space, is still in the development stage, and is estimated to launch commercial services in the current fiscal year. To date, expenditures have been limited to developing the business model and the associated application development."

https://ih.advfn.com/stock-market/AMEX/marygold-companies-MGLD/stock-news/87966414/securities-registration-statement-simplified-form#I22287_MGLD-S3_HTM_i22287a003_v1



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[DrD]

Use of proceeds: Marygold_product_launch, potential_acquisitions, USCF_fund_development

https://ih.advfn.com/stock-market/AMEX/marygold-companies-MGLD/stock-news/87966414/securities-registration-statement-simplified-form#I22287_MGLD-S3_HTM_i22287a005_v1

https://www.sec.gov/Archives/edgar/data/1005101/000117120022000233/i22287_mgld-s3.htm


$MGLD
https://themarygoldcompanies.com/





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[DrD]

$MGLD +1.1% today, another +2.2% after hours

https://www.webull.com/quote/amex-mgld

$MGLD:
https://themarygoldcompanies.com/




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[DrD]

$MGLD New Filing Today... What Warrants This?

After Hours Spiking....

https://ih.advfn.com/stock-market/AMEX/marygold-companies-MGLD/stock-news/87966414/securities-registration-statement-simplified-form





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[DrD]

Marygold's YouTube Channel List

(May need to skip ads.)


Marygold
https://marygoldandco.com/

$MGLD
https://themarygoldcompanies.com/









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[streetwise2021]

I must give my response to "THE REAL SPIEL Season 1, Episode 6" transcript link given by USCF's Ryan and Kirk that I just read.

It may have been crafted to demystify. However, as someone who has regularly and successfully dealt in the world of commodities for over 30 years, I don't think I could have found a more verbose or confusing mini-educational session dealing with the subject of commodities. With this in mind, I have to laugh at the title of their talk: "Demystifying Commodities Futures: Contango and Backwardation"

This is what happens when this pair tries too hard to encapsulate a subject better presented to a roomful of experienced brokers/traders who at least know something of what they are talking about than to wrongly assume that an uninitiated audience is going to be able to follow along.

Their head-scratching presentation gets so mired in the weeds of giving muddy and digressive explanations of albeit important side issues inherent in commodities trading that by the end of the talk almost everyone is more confused than ever. And the vegetable oil (soybean or palm?) reference was about the poorest commodity example to choose for educational purposes.

I'm now going to make it simple with he best advice I can offer. I know only too well what they were TRYING to say, but a usable education on Contango, Backwardation and other key subjects related to what USCF is doing on a daily basis is better acquired from one's own internet research.

There, if one is interested enough, one can find clear and ample information to be grasped at your own pace by those who actually succeeded in demystifying the subject matter of commodities. Many books are also available on the subject both from an economic and educational/trading perspective.

[DrD]

USCF's Ryan & Kurt talk Contango/Backwardation, Shirley_you_can't_be_serious. (And their best example is vegetable oil ????)

Transcript:
https://www.uscfinvestments.com/documents/rs%20backwardation%20and%20contago%20episode%206%20transcript.pdf

Don't even bother with the audio, (mismatch).

USCF:
https://www.uscfinvestments.com/home

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[streetwise2021]

Today's 600,000+ shares traded of MGLD should give a roadmap to the wise as to how this stock should be dealt with. Anytime you see a stock open and then close at around the same price with a rather large bump up in price somewhere in the middle it tells you something.

There was definite public buying interest that pushed MGLD to almost $1.80, but not enough to keep the short sellers from using the old "walk down" routine that is used consistently and unabashedly on every stock. (BTW, they can also play the opposite side of the game with the "walk up" gambit to encourage buying that they can then later short!)

Does anyone here honestly believe that it was solely the public itself that pushed MGLD all the way back down almost to its opening price by end of day?

The current climate in which MGLD finds itself is good for accumulating shares on the lows and then being willing to wait for times where one can sell significant blocks of shares into the public's demand and, coupled with the shortsellers' panicky escape plans, will then drive the price and volume into orbit.

Be patient. MGLD will give you those opportunities.

[majestic14]

Dr.D should be hired for investor relations.He gives alot more information than the current IR firm.Things are really looking up with cash on hand and the current business model Definetly way undervalued here until MGLD meets with institutional investors as things come together.

[DrD]

$MGLD's earnings could give us a huge lift. Income from USCF subsidiary alone should put total income at or above last years record levels. Commodity prices are still hovering around their highest in years, the higher the AUM goes the higher the collected management fees go.

OS should be well into their higher sales season, possible more so with their new brands and new distributors they claim to have added.

Getting into fall/winter season for Kiwi folk, maybe 'tis the season for more hot meat pies? By now the pie biz should be seeing well reduced material expenses with the purchase of the wrapper company PrintStock.

Marygold fintech should be about ready to make the leap from Beta phase to full blown financial service provider. Be a great time to start running more YouTube video ads with Marty Marygold. Maybe he's got a new suit by now.

Is the Security biz warming up?

Tiger buyout must be near a go/no-go decision by now. Do they really need another financial subsidiary?


$MGLD:
https://themarygoldcompanies.com/subsidiary-companies/

[DrD]

Gold ETF from $MGLD's USCF subsidiary still tracking well with gold prices, 2 recent peaks and 2 recent dips. The ETF's overall return continues climbing. Looks like gold prices are ready to try for another peak soon. Trading volume hasn't been so great.

$GLDX:
https://www.uscfinvestments.com/gldx

$MGLD Subsidiaries:
https://themarygoldcompanies.com/subsidiary-companies/






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[DrD]

Intratio forcast for $MGLD: "a_solid_upmove_in_the_coming_months"

"The model concludes the market value of this company has a neutral short term outlook and will be followed by a solid upmove in the coming months"

https://t.co/hEdzpXuPgr Marygold Companies Inc (The) The model concludes the market value of this company has a neutral short term outlook and will be followed by a solid upmove in the coming months $MGLD #entrepreneur #motivation #trader

— intratio (@intratio) April 27, 2022

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[streetwise2021]

It may be "TIGER TIME" for MGLD, but it was "BUY TIME" for me with over 14,000 shares today. This gives me roughly 135,000 new shares accumulated now after I dumped all my earlier blocks of MGLD the morning of 3/11/22 when it got to around $7.00 almost right out of the gate after uplisting.

With my current cost average at $1.697 per share since that day in March, MGLD, in my own estimation, is a mega-bargain from here on with what it has going for it now. Price drops like we've had recently, especially when the overall value of something isn't anywhere near reflected in that price, can't scare me off. I'm never frightened anyway in any market situation due to my years of employing sane and proper risk management.

Again folks, I'm a trader first and foremost, looking to take profits on selected price and volume upturns, which MGLD should provide me big time at various points. As far as the rest of you in how you manage your holdings of MGLD is concerned, to each his own!

[DrD]

Is it about Tiger time?

Marygold & Co Purchases Tiger Financial & Asset Management in Move to Launch UK Fintech App
https://www.crowdfundinsider.com/2021/08/179309-marygold-co-purchases-tiger-financial-asset-management-in-move-to-launch-uk-fintech-app/

Concierge Technologies to Expand Financial Services Offerings to the U.K.
https://themarygoldcompanies.com/concierge-technologies-to-expand-financial-services-offerings-to-the-u-k/

$MGLD
https://themarygoldcompanies.com/
#MGLD

[streetwise2021]

Did I happen to watch the MGLD presentation at the VGC, you ask? What an earth-shaking event that must have been!

No, I missed that along with the last Academy Awards show, the last Super Bowl, the last New Year's celebration gathering here in Times Square, the last New York City Marathon, the last World Series and most of the Black Lives Matter demonstrations in our streets some time back.

I DID happen to catch a few reruns of "The Tonight Show with Johnny Carson" one evening last week. I have to admit I was in the mood for something really, really far out for a change!

[DrD]

Did everyone watch MGLD's presentation at the Virtual_Growth_Conference?

https://www.businesswire.com/news/home/20220324005782/en/



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[DrD]

$UMI's total NAV at another record high $169M

USCF: $UMI
https://www.uscfinvestments.com/umi

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/







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[DrD]

Yu got Continuity

https://www.marketscreener.com/quote/stock/THE-MARYGOLD-COMPANIES-I-111314221/news/MARYGOLD-COMPANIES-INC-Change-in-Directors-or-Principal-Officers-Financial-Statements-and-Exhib-40090523/

$MGLD
https://themarygoldcompanies.com/




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[DrD]

$UMI's total NAV exceeds last record, now $167M

USCF: $UMI
https://www.uscfinvestments.com/umi

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

I'm still waiting for my bonus

https://ih.advfn.com/stock-market/AMEX/marygold-companies-MGLD/stock-news/87858549/current-report-filing-8-k

$MGLD:
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

Natural gas is trading at an ‘insane’ price
Here’s why it just hit a nearly 14-year high
https://www.marketwatch.com/story/why-natural-gas-prices-just-notched-a-5th-straight-weekly-gain-11649962925?siteid=yhoof2

The United States Commodity Funds LLC (USCF) manages the United States Natural Gas Fund: $UNG

USCF manages and collects fees on the $UNG fund. Some of the fees are based on the AUM of the fund.

The USCF subsidiary is responsible for a significant part of $MGLD's total income.

USCF: $UNG
https://www.uscfinvestments.com/ung

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/


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[streetwise2021]

Because I was in a festive mood in anticipation of the holiday weekend, I made myself an Easter gift of another 20,000+ shares of MGLD. The mid-day $1.50 area was an attractive price to be filled at with what I have in mind for how I intend to play MGLD.

With just over 120,000 shares accumulated since my early Friday, March 11th total MGLD price spike liquidation sale (on 82,000,000 shares traded that day), I'm now in what I feel is great shape for whatever the near future has in store as Marygold begins to flower on all fronts.

[DrD]

Finally some righted copyrights, and a Union Jack on the horizon
https://marygoldandco.com/about/
https://marygoldandco.com/uk/about/


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[DrD]

$UMI's total NAV hits record high of $165M

USCF: $UMI
https://www.uscfinvestments.com/umi

$MGLD's subsidiary USCF manages and collects fees on the $UMI fund.

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/




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[DrD]

Natural Gas ETF ($UNG) Hits New 52-Week High

https://finance.yahoo.com/news/natural-gas-etf-ung-hits-115811441.html

USCF: $UNG
https://www.uscfinvestments.com/ung

$MGLD's subsidiary USCF manages and collects fees on the $UNG fund.

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/




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[DrD]

$GLDX fund ready to breach all time high

Investment Objective: The Fund seeks investment results that generally correspond over the long term to the performance of the price of gold, while generating dividend income through selling gold call options and through collateral interest income.

USCF: $GLDX
https://www.uscfinvestments.com/gldx

$MGLD's subsidiary USCF manages and collects fees on the $GLDX fund

$MGLD
https://themarygoldcompanies.com/subsidiary-companies/


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[streetwise2021]

Call me a risk-taker, but today I was in full-blown speculative mode (with a definite goal in mind, of course) as I accumulated over 45,000 MGLD shares. This sub-$1.60 level was and is attractive to me.

Tomorrow is another day and I might add that GOLD FUTURES have been treating me like royalty for the last week. Through Goldman Sachs I took some of the shiny metal's profits this day and still holding approximately half of my position.

This is the life we choose! MGLD, you can do as you will......I'm ready for you either way!

[DrD]

Midstream_Energy_Income_Fund's net assets jump to over $163M

USCF: $UMI
https://www.uscfinvestments.com/holdings/umi

$MGLD:
https://themarygoldcompanies.com/subsidiary-companies/



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[DrD]

Will USCF show barrels and barrels of profits?

With oil prices surging over the last few months the USCF subsidiary should have been producing barrels and barrels of profits over this last quarter.

The new Gold fund received a good upward nudge from recent worldly tensions. But while you’re at it, there's plenty of other metals besides gold to play with. Even Yukon Cornelius didn't limit himself to chasing gold every day. OK, so copper does make a pretty penny, or does it? (Actually I think there could be a few pennies in zinc too, or is there just more zinc in pennies these days?)

We still don't see any sparks coming out of that battery fund as yet.

NZ has been out of severe lock down for a few months now. Active Kiwis driving through the round-abouts eating more and more scrumptious Ponsonby meat pies.

Things in the Great White north are thawing out for the annual spring migration, stay clear of those caribou crossings. It’s about time for Brigadier to ramp up installations of security devices as the seasonal glaciers begin to recede. No sense in hiding all those shiny new vehicles in yonder back lot, eh.

The Original Sprout subsidiary claimed a while back that they were putting out new product lines, might we see improved profits from that by now? And how that Kiwi Sprout page going, not?

The previously announced Tiger Financial deal should be closing soon. Or will it remain in the fog forever?

Marygold & Co fintech still in beta phase but claiming to be up and running by summer. Bring on that delta phase already.



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[DrD]

With $MGLD now on NYSE/AMEX will earnings be early?

When on the lowly OTC we waited till the last possible day for earning to be released. Many big board companies release earning about 2 weeks following the quarter, (mid-January, April, July, & October). This week is mid April, (oh the ides of April..!)



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[DrD]

Still too early for $MGLD to bloom? For now maybe we just have those yellow narcissuses showing up here and there, or is it narcissi? Then again perhaps I could have said narcissists. Or could that just be the person who plants narcissi? I wasent so good at spellin an grammor annyway.



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[DrD]

Another $MGLD trading dip showed up after all

And $MGLD dropped as low as 1.61 near the close of regular trading today.


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[streetwise2021]

Today I amply made up for the 22,000+ shares (roughly 40% of my position) of MGLD I let go in the late morning yesterday @ $2.20+ by buying a little more than that back late today @ sub-$1.70.

As you know, I'm a trader first and foremost of everything I touch. While some here are waiting patiently for an eventual $20 with their MGLD shares, I will have bought and sold maybe 50 times or more what others are holding onto during that time by taking healthy profits at several key points along the way.

The last 2 days worth of MGLD price action speaks for itself. I'm not one to fall in love with any stock, commodity or currency. If properly treated and respected for what they can yield, they can ALL be consistent vehicles for profits in the hands of those willing to do the full span of hard (but enjoyable) work required for such unusual gains.

[DrD]

Seems we just had to wait a little longer

$MGLD dipped to 1.67 early today. Looks like a repeat cycle.

At least the rest of the market is doing better.




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