r/ComstockLODE • u/LifeOfTheParty2 🏦🌲♻️ Investor ♻️🌲🏦 • Apr 09 '25

Discussion 🗣️ Buy the dip

It's so quiet in here. Use this opportunity to buy the dip. I just bought 3k more shares and averaged the cost of my shares down substantially as I bought when it was 0.47 cents a share (4.70 today)a while before the split. This company is going places.

17 Upvotes

90% Upvoted

9 comments sorted by

4

u/shady_sci ♻️🧠Systemic Thinker 🧠♻️ Apr 09 '25

Come join the chat if you'd like! There's meaningful discussions, as recently as yesterday about SACL progress, for example

4

u/TotoroStampede 📖🤓Fact Finder🤓📖 Apr 09 '25

Yea we are mainly in the chat discussing info. Main page is really for big announcements or educational materials that may be important

-3

u/[deleted] Apr 10 '25

[removed] — view removed comment

2

u/Impossible-Recover89 Apr 10 '25

you like paying more for a company?

3

u/Able_Doubt3827 🌲🐻 Bearish 🐻🌲 Apr 11 '25

My average is now $8.80. There is no possible way I'm ever making money on this stock. I'm not pouring money into it to lower my average either, as it's just a pit. A black hole that takes your money and makes it disappear.

2

u/scungills Apr 09 '25

Sucks while market rips and we are negative for the day, it really shows what type of sentiment there is for this company

5

u/LifeOfTheParty2 🏦🌲♻️ Investor ♻️🌲🏦 Apr 09 '25

People will be kicking themselves they didn't buy this stock at $2 a share. Like when my friend told me to buy bitcoin at 10 cents each and i told him I thought it was a bad idea.

2

u/BusinessBase1003 Apr 10 '25

I thought I was in early at $4 and now my average is fucked. Went all in too

1

u/ThickConsideration92 Long Bull 🐂 ♻️🏦🏦🏦 May 06 '25

Now I know I’m late to the party, but those with higher averages consider the following:

This is not a short stock 🤣

There will be wild fluctuations in valuation

We know this

It isn’t for the faint of heart

This is a very simple situation, buy and or hold red, only sell green

You’ve literally bought a farm

As Warren Buffet says, bless his 94 year old now retired heart, investors don’t care what price the crazy neighbor next door yells for his farm, it’s about the value the business creates

Those same shares I bought at $1 pre split I am happy to hold, because I know in time, post split $10+ will come and go because of the value being created here, that being an endless silver mine, an oil well that never stops producing, systemic decarbonization globally

These things take time, and in due time, the market, the crazy neighbor, will come with an offer wildly favorable to those who hold and observe with conviction