Replies to post #21819 on Comstock Inc (LODE)

[NoMoDo]

mighta missed this post:

NoMoDo Member Level Tuesday, 10/17/17 09:16:27 AM
Re: mojo joyo post# 21804
Post # of 21819

Here is my DD (DDS is a designation that dentists get):

Big ole authoritative RED candle. Chart sloping down in both short, medium, and long term. It wont get to .10 TODAY (well, prolly not), but it will take about a week to get there.

The stock seems to be riding the slope of the lower BB's since 2014. If it drops below on a given day, the stock will rally the next day - at least enough to get within the lower BB. Then the fall continues... FOR 3 YEARS!

This isn't the kamikaze bashing that you may be used to. This stock is in trouble.

We aren't talking just a bad week or month. It isn't running into a bad quarter or two. It is in a downward ski slope black diamond free fall. They don't make roller coasters with this big of a fall because people would die.

In order to get out of such a trajectory, the company must do something very big. What have they done since the last Q to pull out of their 4 G negative dive?

Not a thing.

[NoMoDo]

or this one:


NoMoDo Member Level Tuesday, 10/17/17 10:44:54 PM
Re: Robert1975 post# 21812
Post # of 21820

There should be minimal support at .1315. If it can hold there it could form a bottom, but I wouldn't count on it.

You all can do what you want (obviously), but if I felt that this one stock had future value (I don't, but you may), I would wait to see if .13.15 holds. If it doesn't, .1253 would be the next support.

At this point, there are only 2 points of support. My guess is that you will find support about a week before the next Q somewhere around .07-.085 provided it breaks through the .1315 and .1253.

Then if there is something very good in the Q, you move up, otherwise, figure a base of support to be 66% of the value at the time of the Q.