Marygold Companies Inc (MGLD)

[majestic14]

MGLD has been trading in the 3.00 range for the last year.They were supposed to do a larger offering at 3.35 but decided because of market conditions to do a low offering at 2.00 to get requirements for NYSE listing.First day of trading was around 2.10 to 2.20.Second day of traded it exploded to 6-8 dollars and was shorted down from there on 81 million share trading day.Originally there was 1.5 million shares tightly held.After offering there are roughly 6 million shares.I believe there is a large short position out there but hard to tell.I believe the next 2 reporting quarters should be very profitable as USCF generates alot of revenue and there other subsidiaries are doing better.I believe this is very undervalued at current price and any short squeeze could explode stock price at any time.Marygold app should add to any excitement in coming months as it goes live.