Validated high-conviction buyer — this insider’s opportunistic purchases fall in a cohort whose buys have historically preceded above-benchmark moves. How we measure this ↗
CEO Degasperis bought 10,682 shares of LODE at $3.98; cluster of 3 insiders buying within 14 days amid unprofitable operations and -48.5% annual revenue decline
Corrado Degasperis, who was CEO at the time of filing, purchased 10,682 shares ($42.5K) on 2026-06-03 at $3.98, increasing holdings to 181.5K shares. This buy occurs as part of a cluster: 2 other insiders also purchased LODE within the past 14 days. Notably, his prior 2 purchases at LODE both showed positive 90-day returns (43.6% and 271.5%), with both timed at points where the stock subsequently appreciated. However, this timing advantage must be contextualized against the company's deteriorating fundamentals—LODE posted a net loss of $-9.4M over its most recent full fiscal year, with quarterly revenue of $313.5K and annual revenue growth of -48.5% year-over-year. The current stock price of $3.92 sits 18.3% below the 52-week high, having gained 21.4% over the past 30 days and 18.1% over 90 days. The coordinated insider buying pattern combined with historical accuracy at this specific ticker presents a signal worth monitoring, but the company's significant unprofitability and declining revenue raise material questions about sustainability and valuation.
CEO Corrado Degasperis purchases 35k shares of LODE as stock trades well below 52-week highs amid unprofitable operations.
Corrado Degasperis, the CEO of Comstock Inc., purchased a substantial block of shares, increasing his holdings by roughly a quarter. This is his second open-market purchase in the past two years, continuing a pattern of buying at the executive level. However, the historical track record presents a cautionary signal: his prior purchase at this company resulted in significant losses over both the short and long term, with the stock declining meaningfully in the months that followed. The current purchase occurs while the company is unprofitable with declining revenues, and the stock is trading well below its 52-week high, suggesting he is buying into weakness. Yet his previous timing at this same stock was poor, raising questions about whether this repeat purchase reflects genuine conviction or simply adds to a pattern of mistimed acquisitions.
