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Microcap & Penny Stocks : Rotonics Manufacturing(RMI)

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To: Arthur Tang who wrote (84)12/29/1999 8:32:00 AM
From: Arthur Tang  Read Replies (1) of 112
 
The reason that RMI moves slowly like a snail; is that the specialists did not put any money on Rotonics. The specialist has to accumulate now, and he has to put together a cash pool and a stock pool.
All stockholders of RMI have to be proactive, and get RMI management to put up some stock for the specialist to buy and sell, as well as put up some cash to buy some stock back into the treasury. This could be a start of something new.
This company used to be Pentron the only manufacturer of tape recorders made in the USA besides the professional Ampex recorders. Now they are a plastics container manufacturer of large containers. The market(better than $100 million for Rotonic alone) is huge in industrial applications. But it is even larger in consumer furniture such as cabinets, chairs and tables, etc. Not to mention garbage cans, etc. The difference is that consumer goods are made with plastics filled with cheap fillers. The industrial containers are made with pure high strength plastic or reinforced with glass fibers or carbon fibers. It is an interesting prospect of leading this company to greatness, by doing some consulting and cash in on the investment.
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