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Re: ELAL7474 post# 3324

Friday, 08/26/2022 3:18:38 PM

Friday, August 26, 2022 3:18:38 PM

Post# of 3685
ELAL, just another quickie point to make while I'm on the fly:

Remember, MM's are free to play both ends of the action. There is no restriction on how they can influence prices, only on how many days they have to cover, etc.

MM's can even play games between themselves since stocks can have multiple MM's. Who but a fool would think that collusion between them is not a part of their daily bread. Trading between them happens all the time. Smaller cap stocks like MGLD are particularly vulnerable since their shares are not yet widely held by the public, institutions, brokerages or hedge funds and so forth.

So, we remain for the moment a viable and worthwhile company who has not yet reached the radar screens of a wider audience. Lots of small companies went through this before they became household names. Did you know there was a time when anyone could have bought Microsoft shares for a nickel? But, who cared to own them in their earlier days since they were just a couple of guys with a dream who started out working in anonymity in their garage, yet carving out the future we see today?

Think of this: MGLD is in a much better place than it was even a few years ago.
Nicholas and David know what they are doing, as you yourself say. I believe our time is quickly approaching. Let's all stay focused on why we bought this company in the first place and remain within ourselves.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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