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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: David R who wrote (11104)11/1/1997 4:59:00 AM
From: Kurt N   of 55532
 

'Half the people on this thread are looking to him for investment advice.'

I am doing just fine on my own. I still have an account with a full service broker, but I like making my own investment decisions. If my broker calls me up trying to sell me a security I've been saying "No" a lot lately. I will not sell until my proper shareholder value is reached. Just what type of investment advice are you talking about?


'I could post emails from some new "good friends" of Rileys, who after a phone conversation or two with him have invested nearly all of their money in RMIL (and given Bufrfet revelations)'


Investing all of one's money in one security is a bad idea in general, but if you're just starting out that may be the only practical way to get started.

That's what I did when the company I work for (ICIQ) went public in April 1997 with an IPO. Excluding my 401k, my portfolio at the time would have been 100% ICIQ stock. Now my portfolio is a lot more diversified. I haven't sold any ICIQ stock, but it only accounts for about 1/3 of my portfolio now. RMIL accounts for about 1/3 as well.

Kurt
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