Replies to post #23034 on Comstock Inc (LODE)

[saildone]

Daff,
I don't follow stocks, I follow companies and if I like what I believe about its future I will invest and forget (unless I see that its future is not panning out.)

Since I don't follow stocks I was confused that lode had so much activity last Tuesday and I actually looked at a chart. The volume was incredible with multiples of an average daily trade every half hour or so!

I don't know if this is how a pump and dump behaves and I sure didn't see any recent PR's and only the presentation from last week being posted on Youtube that day.

Is that kind of trading volume typical of a pump and dump?
Where there pumps going on somewhere on that particular day?
What was going on?

[maxbet]

This company's stock has such a low market cap I would anticipate more high volatility as improvements continue to be announced in future PR's, especially on the brink of operational revenue.

Hold my beer AND take my money! Perfect!

[Arcangues]

Trust me, I know exactly what happened here. I'm not a day trader but instead am an investor in LODE for the long term and have been for several years. I wasn't a seller at over $2 because I think that this stock could potentially sell for $5 or more in the not too distant future. But, if I was a day trader, or even a long term investor, in my experience, a jump from 75 cents to over $2 and back down to $1 in several days time is a pump and dump. Nothing illegal about it, but it tends to make less experienced investors a bit skittish. Maybe it is good to teach them that you can get rich or lose it all in a flash.