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Re: Dash for Cash post# 3082

Tuesday, 03/29/2022 8:21:09 PM

Tuesday, March 29, 2022 8:21:09 PM

Post# of 3686
Dash, if you do somehow manage to come back on this MGLD board or any other I-HUB board, let me caution you now as I have cautioned others who have read my messages.

DO NOT let yourself be swayed by any single and perpetual voice of BULLISHNESS including MGLD without FIRST doing all that you can to satisfy yourself that from a 360-degree perspective that a stock is a good play.

As anyone who knows me in real life will attest, MGLD is just one of several assets I use as a trading vehicle. However, because MGLD (formerly CNCG) was on the OTC exchange until recently, it was able to sidestep much of what is already in place with the usual kind of financial vehicles I trade.

Because of this detective-like and no-nonsense veneer I have when it comes to stocks like MGLD, of which I have only owned maybe three others of in my entire trading career, I made sure I called the company directors and picked their brains for as much as they could divulge to me without violating any SEC disclosure rules.

Sure, the updated MGLG company news and links posted here are nice, but few will give you the cautionary advice of going beyond that directly to the ones authorizing those releases. Still rarer is anyone here giving out the KIND of pointed questions from a balance sheet perspective about MGLD that one must ABSOLUTELY ferret out from the leadership. This is where a bit of a corporate accounting background or a close association with how CPA's analyze data will greatly aid one.

Much of this you will have to learn from years of doing. I wish you well on your quest should you determine that this trading life is for you. In the meantime, you might want to also read my cautionary MGLD post #3074 to get another perspective on my feelings about years of non-stop bullish CNCG/MGLD messages from ultra-loyal lone sources who ignored the trading cross-currents and money management side of things.

I guess the kindest thing I could have said about this or that person's limited treatment of what was grossly omitted from their constant and sole BUY! stances was: THEY COULDN'T TEACH WHAT THEY DID NOT KNOW!!

The same is most probably true going forward........

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