Marygold Companies Inc (MGLD)

[streetwise2021]

Along with the multi-day upticks in MGLD since the recent $1 lows, we received an early trading bonus this morning and again near the end of the market day. As we all know, MGLD had 85+ million shares traded in one day in March as quality news broke. Yet, as with today. there's no accounting for when folks all decide that today is the day to buy and/or when short covering will take place.

Since I, like a lot of traders, hardly ever keep anything long term (assets held over 1 year), we adhere to the use of the LIFO (Last In - First Out) method of calculating profits. Hence, and as I assess my trades today, I see that the 58,471 MGLD shares I sold today at a cost average of $1.838 were most recently bought at a cost average of $1.172. CHA-CHING!! THANK YOU! NEXT!!

Who knows? I may be completely sold out of all my MGLD if there is any follow-through next week. Either way, MGLD is a worthy vehicle of trading interest which, like today, should provide plenty of liquidity opportunities now and in the future

There is always another market day adventure awaiting the unchained and nimble traders of the world.