Comstock Inc (LODE)

[NoMoDo]

Like I stated in an earlier post, I don't know anything about LODE or the other gold stock, but I know how to read a chart. This chart is clearly trending down (very down) in short, medium, and the long term. It will eventually turn, but the phrase "falling knife" comes to mind. There are so many stocks out there, I prefer to find one that at least has a 200 MA that slopes upward. Then at least the bulls are in control over the long term.

The worst I will invest in would be a stock that trades sideways in a channel. Those stocks are often good for a quick flip.

To directly answer your question, I would guess that the company has no short to medium term goals or at best, has not adequately conveyed their goals to anyone (janitor, investor, friends, relatives). I say this again, not knowing anything about the company - because if there was anything that investors could hang their hat on, the stock would have a few weeks of up every so often.

I am not here to give investment advice, but I personally run from any stock that has a chart that shows a 60 degree downward slope for a solid 3 years.