Marygold Companies Inc (MGLD)

[streetwise2021]

Do any of you see why its sound to take profits when you should?

A few days ago the public's enthusiasm and internet hype over MGLD made a market for those who are wise as to the ways of stock price action and how to benefit from it.

Now, ladies and gentlemen, you are seeing pure supply/demand as reality has set in and the frenzied news response has played out.

Nevertheless, this is still a time to accumulate cautiously at lower levels before the next run-up now that more awareness of MGLD is in play.

This also goes to prove that MGLD, like the former CNCG is still for the present greatly dependent on selling its "story" to the investing public. Company fundamentals and financials especially like those on MGLD's level somehow never seem to trump youthful and overtly public enthusiasm for piling on a hot stock. This is especially meaningful when people are also woefully ignorant of the immutable "what goes up must come down" concept inseparably attached to these fleeting stock spikes.