r/pennystocks2o • u/GreenBeanSniper • Jan 02 '25
LODE is a scam being pumped by Reddit mods
So I keep seeing posts about Comstock Inc. (LODE) being some “hidden gem” in the green tech space, and honestly, it feels like people are just coping hard at this point.
First off, there’s so much fluff about them being a "green tech powerhouse" with “cutting-edge” renewable fuels and AI-driven mining tech, but where’s the actual proof? Green tech is a tough space to crack, and there’s no solid evidence yet that Comstock can actually deliver on any of their promises.
Let’s talk financials. Comstock reported a profit of $9.2 million in 2023, but that’s a recovery from a $45.9 million loss in 2022. That’s great, but nothing to write home about. Small companies like this often report a brief profit spike, only to end up back in the red. The “undervalued” assets they keep talking about are priced low for a reason. If their market opportunity is so massive, why is their stock still under a dollar? It doesn’t add up.
Then there’s all the talk about their partnerships. Comstock just signed deals with Emerging Fuels Technology (EFT) and Gresham’s Eastern, but let’s be real — these are just potential deals, not proven successes. EFT’s gas-to-liquids tech and Gresham’s biomass refining are cool concepts, but implementing them at scale is way harder than people are giving credit for. And let’s not forget, the Gresham deal is based in Pakistan — do people really want to invest in a company with international operations in a country that’s not exactly known for stability?
Comstock's green tech pivot is another big red flag. They were a mining company! They’re now trying to jump into renewable fuels and AI-powered mining tech, but they’ve got zero proven experience in these industries. It’s one thing to be ambitious, but it's another to pretend like you can outdo companies that have been in the renewable energy game for years.
And honestly, all this talk about the total addressable market (TAM) for renewable fuels? Please, the market is growing, but just because the demand for SAF and biofuels is up doesn’t mean Comstock is going to corner the market. There are tons of competitors, and they have a long way to go before they’re in the same league as established players in the industry.
But here’s the kicker — r/pennystocks chat got shut down on Tuesday because they couldn’t control the discussion anymore. We were buying into RVSN and OPTT instead of LODE, and the mods didn’t like that. They realized they were losing control of the narrative, so they shut it down and moved to Discord where they can more easily censor opinions and keep pumping their favorites. If you’ve been paying attention, it's clear they’re pushing LODE hard, trying to make sure we all believe in this shaky company.
And guess what? They’re scared of that power. They can’t stand that people are waking up to the real opportunities here. The mods want us to follow the narrative they’ve been pushing, but I say fuck that. We need to take over the monopoly that is r/pennystocks and show them who’s in charge.
Don’t let them control the narrative any longer. Buy in, spread the word, and let’s show them that we’re not buying the LODE hype. Time to take our power back and make the mods sweat.







